Federal Reserve Board Chairman Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 26, 2023. REUTERS/Elizabeth Frantz
United States

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

A shopper walks by the sodas aisle at a grocery store in Los Angeles April 7, 2011. REUTERS/Mario Anzuoni/File Photo
Markets

US import prices rebound in July, trend remains soft

PHOTO: Sasirin Pamai | Shutterstock
Markets

Fed, economists make course correction on US recession predictions

Real Estate

US housing starts surge in boost to economy

Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson/File Photo
Real Estate

US mortgage delinquency rates fall to all-time low

A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles November 26, 2013. REUTERS/Kevork Djansezian/File Photo
Money

Inflation in the United States edged up in July after 12 straight months of declines

PHOTO: David Gyung | Getty Images/iStockphoto
Tech & Innovation

Will artificial intelligence (AI) be an economic blessing or curse? History offers clues

Melissa Lombana, 43, a high school teacher and mountain bike enthusiast, poses for a picture while working online, in her one-bedroom apartment in Miramar, Fla., Wednesday, July 26, 2023. (AP Photo/Rebecca Blackwell)
Construction

Some renters may get relief from biggest apartment construction boom in decades, but not all

PHOTO: Shutterstock
Entrepreneurs

Small businesses boost U.S. private payrolls in July

PHOTO: Shutterstock
Markets

Congressional Budget Office predicts slower economic growth and 4.7% unemployment into 2024

An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. (AP Photo/Sean Rayford, File)
Markets

U.S. economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes

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