Derek Saul has covered markets for the Forbes news team since 2021. Inflation: Inflation has been far worse during the Biden administration, up 20.1% over the first 45 months of Biden’s term compared ...
The University of Michigan's consumer sentiment gauge surged in January to 78.8, the highest since July 2021. Year-ahead inflation expectations softened to 2.9%, hitting the lowest since December 2020 ...
The US economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months. Gross domestic product accelerated to a 4.9% annualized ...
President Joe Biden said earlier this year that the U.S. economy is "literally the envy of the world" after inheriting an economy he said was "on the brink" from predecessor Donald Trump. "It takes ...
The Conference Board's Consumer Confidence Index slipped to 98.3 for the month, down nearly 7% and below the Dow Jones forecast for 102.3. It was the largest monthly drop since August 2021. The ...
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