Federal Reserve

Inflation & Prices

Labor Department Reports Inflation at 4.2% in May, and Energy’s Not the Only Problem

Photo by Erik Mclean via Unsplash

Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.

2 min read

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Indicators

Don’t Blame AI for College-Grad Unemployment

The Federal Reserve Bank of New York says remote work is a driving force behind the rise in unemployment among young college graduates.

1 min read
Photo via AdMedia/SIPA/Newscom

Indicators

Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market

The US Bureau of Labor Statistics will be reporting May’s much-anticipated employment figures at the end of the week.

2 min read
Photo via Tom Williams/CQ Roll Call/Newscom

Advisor Upside

What Advisors Expect from the New Federal Reserve Chair

2 min read

Consumer

Retail Earnings Likely to Spotlight Inflation’s Bruising Grip on Low-Income Consumers

Photo via Michele Eve Sandberg/Sipa USA/Newscom

The reading on the University of Michigan’s consumer sentiment survey has recently plummeted to near all-time lows.

2 min read

Economics

Bottom Line Undercuts Hot Quarter for Top-Line US GDP

Photo via Corine Solberg/Sipa USA/Newscom

Economists anticipated a 2.5% rate, so the better-than-expected top line figure was obviously cause for celebration, right?

2 min read

Economics

Bet Your Bottom Dollar: Can the Sinking US Greenback Bounce Back?

Photo illustration by Connor Lin / The Daily Upside

The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.

5 min read

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