By Robert Romano After accommodating the greatest monetary expansion in American history during Covid production…
White House demands rubber stamp for increasing $31.4 trillion debt ceiling as House Republicans demand spending cuts
By Robert Romano President Joe Biden is insisting on a rubber stamp for increasing the…
Prices decline in December as inflation decreases to 6.5 percent past 12 months, but are still up 13.7 percent since Jan. 2021
By Robert Romano Consumer inflation has fallen to 6.5 percent over the past 12 months…
Fed hikes core interest rate to 4.25 to 4.5 percent and downgrades 2023 GDP forecast, foresees higher unemployment
By Robert Romano The U.S. Federal Reserve once again hiked its core interest rate, the…
Inflation keeps cooling as global economic slowdown takes hold, but how bad will the recession be?
By Robert Romano Consumer inflation in the U.S. fell to 7.1 percent for the past…
Another 139,000 jobs lost in the household survey for second straight month as 186,000 leave the U.S. labor force amid hiring slowdown
By Robert Romano 139,000 fewer Americans said they had jobs in November in the latest…
Unemployment ticks up as 328,000 jobs lost in October and inflation cools with 2024 looming
By Robert Romano The U.S. economy shed 328,000 jobs in October, raising the national unemployment…
The Fed hikes its core interest rate up to 3.75 percent to 4 percent. But is it enough to destroy the $6 trillion printed for Covid and cool inflation?
By Robert Romano The Federal Reserve hiked its core interest rate for banks up once…
Mortgage interest rates continue skyrocketing, nearing the consumer inflation rate as home sales collapse
30-year mortgage interest rates continued skyrocketing to an average 6.94 percent on a national basis…
Job openings are down 1.8 million or 15 percent since March as unemployment rate remains calm—for now
By Robert Romano Job openings fell another 1.1 million in August to 10.1 million according…