Marketplace Stories

The Fed chair’s semiannual congressional testimony came out of the Full Employment and Balanced Growth Act of 1978.

Those high egg prices back in 2022 and 2023 weren’t just tied to inflation and an avian flu outbreak, according to the Wall Street Journal. There was a possible plot to fix prices by industry leaders.

Three big banks reported on Tuesday that credit card spending is up. According to Bank of America, its customers charged more on travel and entertainment, along with necessities like gas.

The surprisingly strong CPI numbers mean the Fed is likely to hold interest rates steady at its next meeting in July.

A national ad campaign aims to take advantage of the current protein craze and bolster U.S. pork consumption.

“They always take these videos and photos in really exotic locations, and they basically say, ‘I've made all of this money, I took my private jet to this island somewhere,’” said Jason Koebler at 404 Media.

Banks are making money on the AI and stock market boom, whether by directly financing companies, facilitating stock trades, or managing IPOs.

With the CPI at 4.2% in May, some economists think inflation is near its peak. But structural pressures could keep prices elevated longer.

What happens with the producer price index often impacts the consumer price index.

Jacob Passy, travel reporter at the Wall Street Journal, talks about why people are swapping their airfares for bus tickets this summer.