Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index , a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjust... See more
Auth. note: This is the first essay in The Emersonian Lawyer, a series about what Ralph Waldo Emerson’s philosophy has to say about the specific pressures, compromises, and possibilities of a legal career. The series draws on Emerson’s core essays, Self-R... See more
Inflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers. If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.... See more
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than they were 12 months ago hitting a nearly four-year high, according to a Federal Reserve Bank of New York survey. While the central b... See more
Another big jobs report in May has pretty much swept aside the possibility of interest rate cuts anytime soon — and in the process underscored the tricky policy path ahead for new Federal Reserve Chair Kevin Warsh . The chance of rate reductions already h... See more
