US Economy

Wholesale vehicle prices have dropped 6.4% since the January record.

U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in the technology-led sell-off.

Stocks sank on Friday as investors digested disappointing earnings and rising rates, sending the Dow Jones Industrial Average to its worst day since 2020.

As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.

Millions of people are quitting their jobs each month, while job openings are near record highs and layoffs are low. But the labor trend may have plateaued.

Tight supplies of new cars and rising inflation fears likely hit U.S. auto sales hard in the first quarter.

The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves.

The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.”

The personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983.

U.S. Treasury yields fell on Thursday, with investors focused on the inflation data due.

NATO countries across Europe have done an about-face on defense spending in the immediate wake of the Russian invasion of Ukraine.

However, Biden said the U.S. currently has enough vaccine supply to ensure people ages 50 and older can get their fourth doses.

The Connected Commerce Council, which pitches itself as a grassroots movement representing small business owners, is funded by Google and Amazon.

Most of the third round of stimulus checks has been sent. But if you never received a payment or your circumstances have changed, you may be eligible for money.

President Joe Biden will give an update on the U.S. fight against Covid-19 and receive his second vaccine booster shot.

Bank of America says demand for the iPhone is still strong despite reports of Apple cut back production of some models.

Private payrolls expanded by 455,000 for the month, the firm said, about in line with the Dow Jones estimate of 450,000.

As prices spike, workers are running out of money faster: Now, 1 in 5 say they can’t make it from paycheck to paycheck.

U.S. Treasury yields were lower on Wednesday as investors continue to watch the spreads between bonds.

A key recession signal flashed in the bond market this week, but SkyBridge Capital’s Anthony Scaramucci said he would be cautious on predicting a downturn.