Economy
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Fed Chair Warsh offers no insight into rate decisions at IMF meeting
Speculation about additional hikes followed reports this week of unexpected increases in inflation.
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Trump immigration lockdown saves taxpayers about $30B a year, but border towns go from boom to bust
The flow of illegal migration along the southern, U.S.-Mexico border is roughly 95% less than it was during the Biden administration.
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Wholesale prices see a 6.3% annual jump in September, much higher than economists expected
Both the monthly and annual increase exceeded forecasts of economists polled by Dow Jones, who expected an increase of 0.6% for the month and 5.5% for the year.
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Former Trump economic adviser Moore says Republicans have to hold the line on debt ceiling
'We are going to have a financial crisis in this country if we don't do something right now,' Steve Moore said
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The Zillennial exception: Amid downturn fears, many in cohort live rent-free, splurge on luxuries
With limited housing costs and utility bills, many in the microdemographic sandwiched between Millennials and Generation Z now have "disproportionate amounts of money to spend on goods and experiences," reports PYMNTS.com.
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Electricity prices jumped more than double that of inflation last year, consumer index shows
Prices projected to rise significantly less in near future.
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U.S. home sales drop for another month, hitting nearly one year's worth of declines
Sales dropped more than a third year-over-year.
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Mortgage rates decline for another week as inflation eases
Levels at lowest levels since September.
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Jobless claims drop unexpectedly, Labor Department says
Avergae also declines slightly.
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Biden tech bubble? Thousands laid off by Big Tech as president brags of 'booming economy'
Due to the state of the economy, many Big Tech companies have resorted to laying off thousands of employees.
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Microsoft lays off 10,000 as major companies continue job cuts
Microsoft also plans on changing its hardware portfolio and consolidating office leases.
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Title inflation: How a sneaky corporate tactic masks falling real earnings
New study shows companies use impressive, managerial-sounding titles in lieu of better pay
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Federal revenue continues to soar with Trump tax cuts, CBO report shows
The Tax Cuts and Jobs Act, which critics said would only benefit the rich, has led to a windfall into the government's coffers.