Federal Reserve
FedEx CEO Cites Slow Economic Growth as Fed Cuts Rates
FedEx CEO Raj Subramaniam saw the steep Fed rate cut as being due to a weak economy.
Apparel Prices Rose in August as Inflation Holds Steady
Apparel prices rose 0.3 percent in August, even as overall consumer prices rose at a lower 0.2 percent pace…
Retail Lost 11,100 Jobs in August, Hurt by Bankruptcies
Retail lost 11,100 jobs last month mostly due to store closures from bankruptcies and shut-downs across…
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Baltimore Bridge Aftermath: Fed Sees Some Delays, But Price Surges Not Widespread
The Richmond Fed says local SMBs can manage brief disruptions, but worry about delays and higher costs if the…
Fed Could Be Done Tinkering With Interest Rates After 10th Straight Hike
The Fed raised interest rates by 25 basis points on Wednesday, the same day when ADP reported strong April…
Apparel Prices Buck Easing Inflation Trend
While the Consumer Price Index for March rose just 0.1 percent, retail apparel prices were 3.3 percent higher.
Stubborn Inflation Creates Policy Dilemma
Inflation's up 6 percent overall from a year ago, putting the Fed in the difficult position of growing the…
Fed: 2023 Will See ‘Significant Decline’ in Inflation
Federal Reserve Chairman Jerome Powell spoke to the state of the U.S. economy on Tuesday.
What January Jobs Data Says About Retail and the Labor Market
The US job market could be slowing after ADP data shows that January's private sector employment fell short…
Retail Facing ‘Exceptionally Tight’ Jobs Market
U.S. employers added 223,000 new jobs in December as the unemployment rate fell to 3.5 percent.
October’s Retail Sales Growth Left Fashion Out in the Cold
With US retail sales up in October, the Federal Reserve might see a need to raise rates again as it seeks to…
Cotton Questions: How Long Before Brands Push Back on Pakistani Prices?
The IMF is forecasting weaker global growth as myriad challenges strike at once.
The Bottom Line: Recession More Likely Than Not
As markets await the latest Fed interest rate move, a bevy of data points to an economy struggling to find a…
Which Economies Are Flirting With Recession? Week Ahead
The CEO of FedEx Corp believes the global economy is sliding into a recession, but economists don't see that…
Staring at an Economic Precipice? Just Wait, It Gets Worse
The Federal Reserve is caught in an inflationary bind where raising rates too quickly could ultimately do…