Economy

The same forces that have been pushing mortgage interest rates higher are likely to do the same to business loans.

Initial claims for unemployment insurance fell to the lowest level since 1969 — but there are disturbing trends below the surface.

Sales of private and corporate aircraft have surged since the pandemic, and more than 80% of general aviation airports now have hangar waiting lists that extend years in many cases.

In a recent speech at the New York Association for Business Economics, Fed Board Governor Christopher Waller spoke about the importance of “anchoring” inflation expectations.

“Unprecedented is just too weak a word for this,” said Gretchen Blough, a customs brokerage manager at Logistics Plus.

High levels of U.S. debt and competition from tech companies issuing their own bonds are driving the high yields.

While big banks reported blockbuster quarters driven by trading revenue and investment fees, regional lenders — which focus on traditional deposit-taking and lending — are about to give a different read on the economy.

President Donald Trump is looking at adopting a retirement system based on Australia’s “superannuation” model.

With inflation trending down, and retail sales numbers edging up, the Federal Open Markets Committee is going into its late July meetings with fairly positive numbers.

On Thursday, the White House announced new 25% tariffs on Brazil.