Megan Leonhardt

The surprising dip may be due more to one-time factors than a signal that consumer spending is substantially weakening.

The gap between the rich and everyone else, it seems, has narrowed.

Cleveland Fed President Beth Hammack has called out the high level and persistence of inflation.

The producer price index for total final demand was unchanged in July, translating to growth of 4.7% year-over-year.

A softer inflation read helped some indexes.

Much of the decline in the workforce participation rate comes from retirements and Trump immigration policies.

Another positive in Tuesday’s report from the New York Fed is that the number of Americans with overdue bills held steady.

Predicting month-to-month hiring trends is getting tougher.

The White House issued a letter stating the administration again intends to pursue Lisa Cook’s termination.