By Jeff Cox (CNBC.com) – Federal Reserve Governor Christopher Waller pledged Tuesday that the rate-setting group wouldn’t make the same mistakes on inflation that it did in the 1970s.
By Allison Schrager (Bloomberg.com) – There has never been a generation in better shape for retirement, even with soaring inflation and volatile markets.
By Anneken Tappe (CNN.com) – New York (CNN Business)Pandemic price hikes didn’t let up in the last month of 2021: A key inflation gauge hit a fresh a 39-year high.
By Jeff Cox (CNBC.com) – Workers quit their jobs in record numbers in November while the total employment openings pulled back a bit, the Labor Department reported Tuesday.
By Bob Pisani (CNBC.com) – The IPO pipeline this fall is filling up quickly. The IPO market has already had its busiest year since the internet bubble in 2000, and the fall will likely set a record.
By Tom Arnold and Marc Jones (reuters.com) – LONDON, Aug 16 (Reuters) – Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world’s second-largest economy and the government has decided the rules of the game have changed?
By Jeff Cox (CNBC.com) – Big banks will be allowed to resume normal levels of dividend payouts and share repurchases as of June 30, as long as they pass this year’s stress test.
By Michael Erman, Julie Steenhuysen (reuters.com) – Pfizer Inc’s PFE.N experimental COVID-19 vaccine is more than 90% effective based on initial trial results, the drugmaker said on Monday, a major victory in the war against a virus that has killed over a million people and battered the world’s economy.
By Diana Olick (cnbc.com) – Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018.
By Fred Imbert (cnbc.com) – The number of people filing for unemployment benefits last week was greater than expected, raising concern about the state of the economy as lawmakers struggle to move forward on a new pandemic stimulus package.