Fed meeting November 2023: Fed holds rates steady
The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central …
Inflation
Groups team up to combat fast-rising PG&E electric and gas bills
OAKLAND — Consumer groups, politicians, labor unions and advocacy organizations have teamed up to combat fast-rising increases in PG&E monthly bills and demand more accountability from the utility behemoth. FAIR …
Why travelers expecting sticker shock could see sweet relief instead
Dining out is more expensive than ever. The cost of gas is rising again. And the price of travel — including airfare and hotels — has kept pace. Right? Not …
Euro zone inflation at two-year low; economy shrinks in third quarter
People look at the banking district skyline with the Commerzbank building (2ndR) during sunset in Frankfurt am Main, western Germany, on September 25, 2023. (Photo by Kirill KUDRYAVTSEV / AFP) …
Are things about to get more difficult?
Up from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+ | Getty Images This report is from …
CNBC Daily Open: The perfect storm
NEW YORK, NEW YORK – JUNE 03: People walk by the New York Stock Exchange (NYSE) at the start of the trading day on June 03, 2022 in New York …
Big mistake if you park your money forever in bonds
Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of high interest rates and an aversion to risk taking are …
Federal Reserve may not hike interest rates. What that means for you
Credit card rates top 20% Most credit cards come with a variable rate, which has a direct connection to the Fed’s benchmark rate. After the previous rate hikes, the average credit card …
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday. The core personal consumption expenditures price index, which the Federal Reserve …
It’s getting obscenely expensive to build housing in San Jose
It’s no surprise that building housing in San Jose isn’t cheap, but this year is shattering records for construction costs in the nation’s 12th-largest city. A new report commissioned by …