Economy & Investments

Inflation rises 7% over the past year, highest since 1982

The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.

Fear of even higher mortgage rates may be heating up winter...

Rates have started this year sharply higher, and that may have potential buyers rushing in more quickly, afraid that rates will go even higher.

Fed Chair Powell says rate hikes, tighter policy will be needed...

Federal Reserve Chairman Jerome Powell declared Tuesday that the economy is both healthy enough and in need of tighter monetary policy.

Watch Fed Chair Jerome Powell testify live at his Senate confirmation...

Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking Committee as part of his confirmation process.

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Microsoft’s $68.7 billion deal for Activision once again shows big tech’s...

Microsoft takes big $68.7 billion swing on video game company Activision Blizzard while legacy media...

Peloton hires McKinsey to review cost structure; cycle maker may cut...

Peloton is working with management consulting group McKinsey & Co. to review its cost structure and...

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