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Inflation, incomes rose in January as Fed weighs rate cuts

Inflation and personal incomes rose in January, according to federal data released Thursday, another sign of economic strength that could delay a long-anticipated interest rate cut. The personal consumption expenditure (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose 0.3% in January and has risen 2.4% over the past 12 months. Despite the […]

Fed’s favorite inflation gauge rose 0.3% in January

FOX Business’ Kelly O’Grady provides analysis of U.S. inflation data as the Federal Reserve continues to work towards an economic recovery on track. What is attracting attention as a countermeasure against inflation is federal reserve It rose again in January as high prices continued to weigh on millions of Americans. According to the Department of […]

How Dems could plan own January 6 “insurrection” Trump wins

Democrats are notoriously lazy compared to conservatives, but not when it comes to preventing Donald Trump from becoming president again. The Atlantic reports that Democrats are apparently considering the option of “coming back with a vengeance” and, ironically, refusing to certify Trump’s victory on January 6, 2025. “Isn’t that a riot?” Pat Gray asks. “Isn’t […]

Rent prices fell slightly overall in January, but rose in some parts of US

Conference Board Chief Economist Dana Peterson says in Making Money that the LEI is great for the commodity economy. Asking rent prices in January edged down across the U.S. for the sixth consecutive month, but not enough to reassure renters given the price hikes of recent years, with rents still rising in some areas. are […]

Average home insurance cost in the US surged 23% in January: report

The average price of home insurance rose 23% in January from a year earlier, and in some states, premiums hit inflation-hit homeowners by more than 60%, according to a recent report. Natural disasters and rising construction costs have pushed the national average for insurance on a $250,000 home to $1,759 a year, or about $147 […]

Home sales hit 5-month high in January while prices jump 5%

Sales of previously occupied U.S. homes rose in January as homebuyers took advantage of easing mortgage rates and a modest increase in properties on the market. The National Association of Realtors said Thursday that existing home sales rose 3.1% last month from December, reaching a seasonally adjusted annual rate of 4 million units. That’s the […]

Argentina’s budget back in black with $589M budget surplus in January

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DCCC raises $9.5 million in January

The Democratic Congressional Campaign Committee (DCCC) announced Tuesday that it had raised $9.5 million in the first month of this year. The DCCC released January numbers on Tuesday, saying in a press release: latest funds Total cash on hand is nearly $52 million. The announcement comes just a week after Democrats flipped a Republican seat […]

Biden 2024 campaign boasts $42 million haul in January

President Biden’s campaign said it raised more than $42 million for its re-election campaign last month, bringing its available war chest up to $130 million. The funds included money raised by the Biden-Harris campaign, the Democratic National Committee, and their joint fundraising committee. Since the 81-year-old president began his reelection effort in April, his team […]