Friday gave us the clearest read on the American economy in weeks, and it was a strange mix: booming business, rising prices, and a Federal Reserve that has gone quiet right before its biggest meeting of the autumn. If you are wondering whether to lock a mortgage rate, move your savings, or attack a credit …
The numbers behind the headline The Bureau of Economic Analysis released its August income and spending report on October 1, and one line deserves your attention more than any other: the personal saving rate fell to 4.1% — the lowest since November 2022. HR Ratings put the monthly figure at 4.09%, the lowest reading since …
The most important financial event of the week hasn’t happened yet — and the person running it won’t say what he’ll do. The Federal Reserve’s rate-setting committee meets October 27–28 to decide whether to hold interest rates steady or raise them again. New Fed Chair Kevin Warsh was asked about it directly at the IMF/World …
Filling up hurts right now, and the numbers explain exactly why. The national average for a gallon of regular gas is sitting at $4.33 — the highest prices have ever been at this time of year, according to AAA. As of mid-October 2026, we’ve spent 158 days above $4 a gallon, an all-time record that …
Yesterday’s inflation news was bad. Today’s is worse — and it tells you what’s coming next. On Thursday, October 15, the Bureau of Labor Statistics reported that wholesale prices — the prices businesses pay before goods ever reach your shopping cart — jumped 1.3% in September alone. Over the past year, wholesale inflation has hit …
Yesterday morning, the Bureau of Labor Statistics delivered the inflation number markets had been holding their breath for — and it came in hotter than expected. September’s Consumer Price Index rose 3.7% over the past year, above the 3.6% forecast and a full step up from August’s 3.4%. If it feels like your paycheck isn’t …
The Bureau of Labor Statistics releases the September Consumer Price Index at 8:30 a.m. ET today, and this one matters more than most. It’s the last inflation reading the Federal Reserve will see before its October 27–28 meeting — and it arrives after a September report that surprised on the hot side, plus a gas-price …