From U.S. Stores to Factory Floors, Q2 Starts Slow

New home construction and manufacturing came in softer than expected, while retail sales fell and underlying inflation took its first step down in six months.

By Mark Niquette | May 17, 2024 at 08:42 AM

Photo: Shoppers carry bags in Walnut Creek, California, on December 20, 2023.

A string of reports this week illustrated a slow start for the U.S. economy in the second quarter, adding to evidence that demand is cooling, which will help set the stage for the Federal Reserve to cut interest rates.

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Fed's Favored Price Gauge Rises at a Mild Pace

By Augusta Saraiva | July 26, 2024

The Federal Reserve's preferred measure of underlying U.S. inflation rose at a tame pace in June and consumer spending remained healthy—two encouraging…

Fed's Favored Price Gauge Rises at a Mild Pace

U.S. Economy Grew Faster Than Expected Last Quarter

By Augusta Saraiva | July 25, 2024

GDP increased at a 2.8% annualized rate, while personal spending advanced 2.3%. "This is a perfect report for the Fed."

U.S. Economy Grew Faster Than Expected Last Quarter

DOL's ESG Investing Rule Challenge Sent back to Lower Court

By Lynn Cavanaugh | July 24, 2024

Because the Supreme Court overturned 40 years of federal agency deference, the ESG case is headed back to the Texas judge who originally heard it.

DOL's ESG Investing Rule Challenge Sent back to Lower Court

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