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Consumer Price Index (CPI) rose 0.2% in July. Compared to last year, prices were up 2.7%, unchanged from June’s report. The 1.1% decline in energy prices and 2.2% decline in gasoline prices helped the headline reading remain stable. Core inflation – which leaves out food and energy – rose 0.3% in July, in line with […]

Try these Best Buttermilk Waffles courtesy of Food Network. Perfect for National Waffle Day (August 24) or any morning you want a treat! Preheat your waffle iron to medium-high. In a large bowl, whisk together 1 3/4 cups all-purpose flour, 2 tablespoons granulated sugar, 1 3/4 teaspoons baking powder, 1/4 teaspoon baking soda and 1/4 […]

Initial claims, which measure those receiving unemployment benefits for the first time, dropped by 3,000 to 224,000. Continuing claims, which measure those continuing to receive unemployment benefits, fell 15,000 to 1,953,000. This report marks the 12th straight week that continuing claims have remained above 1,900,000. What’s the bottom line? The story remains the same: employers […]

Retail sales increased by 0.5% in July, which was 0.1% lower than anticipated. Helping this figure was a 0.3% positive revision to June. The “control group” – which excludes autos, gasoline, building materials, and food services – rose by 0.5%, which was 0.1% hotter than expected. This measure is especially significant because it directly contributes […]

(PPI) rose by 0.9% in July at the headline and core readings, well above the 0.2% gain expected on each. From a year ago, headline inflation rose 3.3% from 2.4% in the previous report, while core inflation rose 3.7% from 2.6% in the previous report. What’s the bottom line?It certainly appears that tariffs are finally […]

The Consumer Price Index (CPI) rose 0.2% in July. Compared to last year, prices were up 2.7%, unchanged from June’s report. The 1.1% decline in energy prices and 2.2% decline in gasoline prices helped the headline reading remain stable. Core inflation – which leaves out food and energy – rose 0.3% in July, in line […]

Celebrate National Peach Month with this classic Peach Crumble from Martha Stewart. This recipe yields 8 servings and is theperfect way to enjoy peach season. Preheat oven to 375 degrees Fahrenheit. In a large bowl, toss 2 pounds peaches (cut into 1/2-inch wedges) with 3/4 cup sugar, 1 tablespoon lemon juice, 4 teaspoons cornstarch and […]

Initial jobless claims rose by 7,000 to 226,000, coming in above forecasts though remaining low on a historical basis. The more telling figure remains continuing claims – the number of people still receiving unemployment benefits after their first week. These rose by 38,000, reaching a new cycle high of 1.974 million, and the highest level […]

Recent data from Cotality (formerly known as CoreLogic) shows home prices edged up 0.1% from May to June and increased 1.7% year-over-year. ICE also reported similar trends, with a 1.3% annual price gain in early June. What’s the bottom line?While home price growth has moderated compared to recent years, industry experts remain confident in the […]

Celebrate National S’mores Day (August 10) with these easy, no-bake S’mores Truffles, courtesy of Delish. This simple recipe yields about 40 bite-sized summer treats. Line two baking sheets with parchment paper. In a large bowl, beat 1 1/2 cups softened butter, 1 1/2 cups packed brown sugar, and 1 teaspoon vanilla until light and fluffy. […]

GDP Rebounds in Q2:The U.S. economy grew by 3% in Q2 2025 after a 0.5% drop in Q1, according to the latest government report. The Q1 dip was largely due to a spike in imports as businesses stocked up ahead of potential tariffs. Since imports count against GDP, fewer imports in Q2 helped lift overall […]

The private sector added 104,000 jobs in July, beating the 75,000 forecast and rebounding from June’s job losses, according to ADP. Medium and large businesses led the way, each adding 46,000 jobs, while small businesses with less than 50 employees contributed just 12,000. Wage growth eased slightly to 4.4% for workers staying in their roles […]

July’s Jobs Report came in weaker than expected, with just 73,000 jobs added, well below the 110,000 forecast. Most of the gains came from healthcare and social assistance (+73,000), while government employment dropped by 10,000. The unemployment rate also rose slightly, from 4.1% to 4.2%. What’s the bottom line?The real story is in the revisions. […]

The latest Personal Consumption Expenditures (PCE) report, a key inflation gauge, showed prices rose 0.3% in June, bringing the annual rate to 2.6%. Both numbers came in slightly above expectations. More importantly, Core PCE, which excludes food and energy and is the Fed’s preferred inflation measure, also rose 0.3% in June. On a yearly basis, […]

For the fifth straight meeting, the Federal Reserve kept its benchmark interest rate, the Federal Funds Rate, unchanged at 4.25%to 4.5%. This pause, in effect since January, was widely expected as the Fed continues to weigh concerns about both inflation and the job market. Notably, two Fed governors supported a small rate cut, the first […]