Fed Governor Says Traditional Econ Data May Not Be Keeping Up With Inflation: ‘Often A Mistake’
A Federal Reserve governor has suggested that traditional data sources and lagging economic indicators might not cut it anymore.
Friday’s Jobs Number Could Move Markets: What You Need To Know
A potentially pivotal economic indicator is coming Friday via a monthly jobs report. Here's what you need to know ahead of the number.
Only 2 Months Until This Jobs Measure Screams Worry, Economist Says
American economist Paul Krugman has warned that the economy may be turning faster than most think and the Federal Reserve may have overshot in its aggressive response to rising inflation.
US Stocks Could Pause For Breather After 2-Session Rally As Futures Slump; Twitter, Tesla, Ford On Investor Radar
Futures trading indicates that the two-day rally seen in the market may stall, as traders pause for a breather and harp on economic fundamentals.
On Tuesday, the major U.S. averages gap-opened sharply higher. Consolidating the gains over the course of the sessions, each of them closed 2.8% or above.