Current Business News
Current Economic News
Millennials Coming To A Golf Course Community Near You
It seems like just yesterday that Baby Boomers and Gen Xers were complaining about millennials' social media addiction and taste in music. Eventually, though, every generation hits an age where their tastes change, which might explain why millennials are increasingly turning away from city life......
Eric McConnell - Yahoo Fiance and BENZINGA
US labor market fairly tight, broader economy losing steam
The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating that labor market conditions remain fairly tight even as job growth is cooling........
Lucia Mutikani - Reuters
Women are worried about outliving their money. Here are 5 ways to help make sure you don't outlive yours
Women have very real concerns about outliving our money — and for good reason. We live longer than men yet, due to the gender wage gap, we earn less over the course of our lifetimes and we’re twice as likely than men to step out of the workforce for caregiving.
Kathryn Tuggle - HerMoney.com From Jean Chatzky
The U.S. released inflation data early — and no one in the market noticed
Data on U.S. consumer prices, the most eagerly awaited report of the month, was released early, and there’s no indication that anyone in the market spotted it.
Steve Goldstein - Market Watch
Will gold's price rise after this week's inflation report?
Gold has served as a currency and a safe way to invest and protect your money for centuries. Thanks to its scarcity and consistently strong demand, gold is unique in its ability to withstand economic shocks while maintaining and often growing in price. This has been particularly evident in recent years. With inflation hitting its highest level in decades in June 2022 and interest rates designed to lower it at their highest level since 2001.......
Matt Richardson - cbsnews.com Money Watch
Inflation, Misguided Economics, and the Fed
The latest CPI number was released this morning by the Labor Department, and it showed average prices increasing at an annual rate of 3.4 percent for April with core inflation of 3.0 percent. This is still above the Fed’s target of 2 percent.
ROBERT KUTTNER - The American Prospect
Gen Zs and Millennials Shouldn’t Think Retirement Is Too Far Off
Steak and grills every weekend, a trip to that music festival you always wanted, maybe even owning a place of your own. Those feel like the real, immediate goals, right? Retirement? That’s an “old people” problem, something to worry about decades from now. Wrong!.....
Ademola Adegbamigbe - MSN.com and PM News
Deflation vs. Disinflation: What’s Better for the Economy?
New inflation data comes out Wednesday. And while consumer price index updates are always closely watched, this data drop is primed to be particularly scrutinized as the Federal Reserve mulls its approach to future interest rate hikes, which will affect the U.S. economy at large......
Julia Glum - Money.com
“Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill