INFLATION

The Labor Department reported close to 5 million job openings that are not being filled only a week before the Federal Reserve decides on whether it will hike interest rates.

“If a company can shrink the package and charge the same price, that in essence is a price increase to the consumer."

Actor George Takei was criticized over posting a tone-deaf message on Twitter about the Russia-Ukraine conflict.

President Joe Biden will deliver his first State of the Union address and lay out how he plans to tackle the enormous challenges facing the U.S. and the world.

President Joe Biden will deliver his first State of the Union address amid the Russian invasion of Ukraine, his recent Supreme Court pick Judge Ketanji Brown Jackson, and the ongoing effects of the COVID-19 pandemic.

The Fed's core inflation metric showed a rise of 6.1% in the last year ahead of the central bank's upcoming meeting in March, when it is expected to raise interest rates.

Retail sales saw a notable boost in January with sales rising 3.8% despite concerns about the Omicon variant of COVID-19 and rising inflation.

The uphill battle against inflation for the U.S economy has only grown steeper after the price of wholesale goods more than doubled in the last month and soared by 9.7% for the last year.

The chief of the St. Louis Federal Reserve is urging the central bank to raise interest rates at the next month in March and bring an end to what he perceives as an overly accommodative monetary policy.

President Biden gave an interview to NBC's Lester Holt after the news broke of inflation rising to a 40-year high.

Meme cryptos Shiba Inu and Dogecoin too plunged

Last month, IMF had pointed out a clear correlation between stocks and the Bitcoin movement

Americans’ credit card debt saw a 22-year high increase in Q4 to more than $860 billion now owed by households. This data arrives ahead of a meeting by the Federal Reserve next month when it is expected to raise interest rates.

The U.S economy topped off 2021 on a strong note, notching a 5.7% increase in its overall gross domestic product (GDP) despite risks from COVID-19 and rising inflation. 

The Federal Reserve concluded its meeting on Wednesday without a firm commitment on changing interest rates but signaled it saw room for a hike in March in line with earlier forecasts.

The U.S. trade deficit ballooned in December as import demand increased in spite of the persistent squeeze felt on overall trade by ongoing supply chain bottlenecks.

The incident happened as reporters were being ushered out of the East Room on Monday.

Closed sales of previously owned homes dropped by 6.8 million in December as supply chain constraints continue to plague the housing sector for would-be buyers.

Many retailers are being left with unusable products as Americans have a change of heart about their holiday gifts.

Homebuilders in the United States are seeing their optimism subside into pessimism as they see inflation push up prices for construction material after months of optimism about the market.

Americans’ spending on shopping at the end of last year took a blow as more would-be customers decided it was a better option to stay home out of concern over Omicron.