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This Lemon Pound Cake from Food Network is a classic dessert that’s perfect for National Pound Cake Day on March 4 or any time you’d like a simple, flavorful treat. Serves 8 to 10. Preheat your oven to 350 degrees Fahrenheit. Butter a 6-cup loaf pan and line it with parchment paper. In a medium […]

Initial jobless claims rose by 4,000 to 212,000 in the latest week, still low by historical standards. Meanwhile, continuing claims (the number of people receiving benefits beyond their first week) fell by 31,000 to 1.833 million. What’s the bottom line?On the surface, low first-time claims suggest layoffs remain limited. But the rise of gig and […]

The latest Producer Price Index (PPI) showed wholesale inflation rose 0.5% in January and 2.9% compared to a year ago, both above expectations. Core PPI, which excludes food and energy, climbed 0.8% for the month and 3.6% year over year, also topping forecasts. What’s the bottom line?The Federal Reserve continues to balance persistent inflation pressures […]

The closely watched Case-Shiller Home Price Index showed prices dipped 0.3% from November to December before seasonal adjustments. After accounting for typical seasonal trends, prices actually rose 0.4%, marking another month of solid gains. On an annual basis, national home prices are up 1.3%.The Federal Housing Finance Agency (FHFA) House Price Index, which tracks homes […]

This Pistachio Loaf from Food Network is a perfect treat for National Pistachio Day on February 26 or anytime you’re cravingsomething special. Serves 12. Preheat your oven to 350 degrees Fahrenheit. Butter the bottom of an 8.5 x 4.5-inch loaf pan, line with parchment paper, thenbutter and flour the entire pan. Pulse 1 cup raw, […]

The first estimate of Q4 2025 GDP showed the U.S. economy grew at an annualized rate of 1.4%, down sharply from 4.4% in Q3.The drop was driven in large part by cuts in government spending during the shutdown. Initial jobless claims fell by 23,000 last week to 206,000, though the drop may have been influenced […]

Home construction improved month over month in December. Housing Starts, which measure new homes breaking ground, rose6.2% from November to an annual pace of 1.404 million. Even so, that’s still 7.3% lower year over year. Building Permits, which signal future construction activity, increased 4.3% month over month to a 1.448 million annual pace, though they […]

Pending Home Sales, which track signed contracts on existing homes, dipped 0.8% from December to January and were 0.4% lower than a year ago. Winter storms likely slowed activity in the South and Northeast, while the West and Midwest saw gains. By comparison, signed contracts on new homes hit their best levels in almost four […]

December Personal Consumption Expenditures (PCE) data showed inflation came in slightly hotter than forecast. Headline inflation rose 0.4% for the month, pushing the annual rate up to 2.9%. Core inflation, which excludes food and energy, also increased 0.4%, bringing the annual core rate to 3%. One factor driving inflation? Higher costs for video streaming services, […]

Enjoy these Apple Muffins, courtesy of Allrecipes, on National Muffin Day (February 20) or anytime you’re craving a delicious treat. This recipe yields 12 muffins. Preheat your oven to 375 degrees Fahrenheit and grease a 12-cup muffin tin or line it with paper liners. In a large bowl, stir together 2 1/4 cups all-purpose flour, […]

While strong retail sales in November signaled a solid start to the holiday shopping season, December’s results fell short. Sales were flat month over month, missing the expected 0.4% increase, and eight of the thirteen retail categories recorded declines. Initial jobless claims fell by 5,000 to 227,000, while continuing claims increased by 21,000 to 1.862 […]

After a nice boost in December, existing home sales fell 8.4% month over month in January, according to the National Association of REALTORS® (NAR). Sales were also down 4.4% compared to a year ago. Housing inventory dipped 0.8% from December to 1.22 million homes but remained 3.4% higher than this time last year. What’s the […]

Consumer prices rose 0.2% in January and 2.4% year over year, down from 2.7% in the previous CPI report and marking the lowest annual rate in eight months. Core inflation, which excludes food and energy, increased 0.3% for the month and eased to 2.5% annually. Shelter remains a key driver of inflation, accounting for about […]

January’s Jobs Report from the Bureau of Labor Statistics (BLS) showed 130,000 jobs added, more than double the 55,000 expected. The unemployment rate edged down from 4.4% to 4.3%. What’s the bottom line? At first glance, that looks like a solid report. But conflicting labor data, revisions, and seasonal adjustments suggest the underlying trend may […]

February is National Chocolate Lovers Month and National Cherry Month, making these Chocolate Cherry Cookies from Food Network a perfect treat to enjoy all month long. This recipe yields about 2 dozen cookies. Begin by positioning oven racks in the upper and lower thirds of the oven and preheating to 325 degrees Fahrenheit, then line […]