\\

Keeping up with the bills got harder for many households in November and October, as income failed to keep up with price increases according to a new government report.

UPS reported sharply lower earnings in the third quarter and said it expects lower revenue and thinner profit margins ahead, but it noted a slowing global economy, not its recent labor issues, is the reason.

March WTI crude oil (CLH26 ) today is down -1.19 (-1.96%), and March RBOB gasoline (RBH26 ) is down -0.0412 (-2.19%). Crude oil and gasoline prices are sliding today after Ukrainian President Zelenskiy signaled progress in peace talks on ending the war wi

CEO Fraser warned that the proposed cap on interest rates will restrict access to credit.

\\

A delayed reading on the Federal Reserve’s preferred inflation gauge released Thursday keeps the central bank on course to hold interest rates steady next week.

The central bank will probably leave the federal funds rate unchanged after a two-day meeting ending on Jan. 28, according to the CME Group’s FedWatch tool.

Finalists include Kevin Hassett, a White House economic aide; Kevin Warsh, a former Fed governor; Christopher Waller, a current Fed governor; and Rick Rieder, a BlackRock executive

Wharton and Accenture partnered on a huge “skills index” that crunched data on 100 million job postings. They found a “striking and persistent disconnect.”

The Federal Reserve’s preferred inflation gauge ticked up in November in the latest sign that prices remain stubbornly elevated. Consumer prices rose 2.8% in November from a year earlier, the Commerce Department said Thursday, up from a 2.7% annual pace

President Donald Trump’s threat to tariff countries opposed to his effort to annex Greenland is gone, and, with it, the prospect of tit-for-tat economic warfare with Europe, one of America’s most important trading partners.

WASHINGTON, Jan 22 (Reuters) - The U.S. economy grew a bit faster than initially thought in the third quarter, the government said on Thursday, while corporate profits were also revised higher.

Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first estimate. America’s gross domestic product — the nation’s output of goo

Oil prices, including WTI and Brent crude, fell by about 1.5% after President Trump announced a framework to resolve tensions with NATO allies over Greenland tariffs, shifting market focus back to persistent oversupply concerns.