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US consumer sentiment ticks down slightly, but most expect inflation to ease further

WASHINGTON (AP) – Consumers have become slightly less optimistic about the economy this month, but still expect inflation to slow further, a sign that price growth may continue to slow. The University of Michigan Consumer Confidence Index, released in preliminary figures Friday, fell to 76.5 in March, just below February’s 76.9. Americans’ outlooks have remained […]

How to ease the labor shortage by fixing the social safety net

The United States is in the unenviable position of a labor shortage, with too few workers chasing too many jobs. Economists are full of speculation about solutions to this labor shortage. But one factor that could be helpful and is too often ignored is the way our country’s current safety net system prevents people from […]

Mortgage rates ease slightly as spring homebuying season nears: Freddie Mac

Buyers expecting lower mortgage rates will have to wait longer. (iStock) Mortgage rates fell slightly this week, enough to rekindle homebuying momentum as the market prepares for this year’s traditionally busy season, Freddie Mac said. The average interest rate on a 30-year fixed-rate mortgage for the week ending March 7 was 6.88%, according to Freddie […]

CNN’s Mark Thompson tries to ease fears after slashing bonuses

CNN’s new president sought to allay fears with a memo Friday naming executives who will shake up the struggling network, days after it was revealed that bonuses were being cut companywide. Mark Thompson, who took the helm of CNN in October after former CEO Chris Licht’s disastrous 13-month tenure, said he sees “changing the economics […]

California storms ease after record rainfall leaves threat of landslides | California

A powerful atmospheric river storm that brought record rain to California in recent days was expected to weaken by Tuesday, but forecasters said the risk of flooding and landslides remained. The severe weather caused damage across the state, with heavy winds and rain causing downed trees and devastating landslides, leaving homes and buried vehicles. At […]

Indiana lawmakers push to ease child care regulations

Indiana lawmakers are moving forward with a plan to prioritize legislation aimed at improving child care availability and affordability. The bill must pass at least one chamber by Tuesday to survive the session. Indiana, like other states, is addressing child care challenges with proposed measures such as deregulation and business incentives. The Indiana Legislature’s plan […]

Bond Yields Rise on Bets Fed 'Not Rushing' to Ease: Markets Wrap – Yahoo Finance

(Bloomberg) – Wall Street struggles with mixed economic data, keeping U.S. Treasuries under pressure and traders showing patience before the Federal Reserve decides to cut interest rates this year. I expect it to be deaf. Most Read Articles on Bloomberg Bond losses were driven by shorter maturities, as data showed consumer spending exceeded expectations even […]

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