An index tracking prices that companies pay for goods jumped up sharply in July, which means inflation is a growing threat.
Meanwhile, the housing market continues to slump, with home-builders sharply cutting back on construction projects.
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France, U.S.: Similar Financial Woes, Different Result
In France, inflation hit an 18-year high last month. But the country isn't facing an economic slowdown similar to the United States.» E-Mail This » Add to Del.icio.us...
Why A Housing Fix Would Help Boost The Economy
Federal Reserve Chairman Ben Bernanke this week said getting the housing problem sorted out is the key to turning around the economy. But many buyers are waiting until the housing market...
Federal Reserve To Update Truth-In-Lending Rules
The Federal Reserve Bank is expected to issue new rules Monday under the Truth in Lending Act. The goal is to protect homebuyers and to establish limits that will help revive the housing...
Bernanke Watchful as Dollar's Slide Fuels Inflation
As the U.S. dollar continues its slide against other currencies, inflation is making an unwelcome return. Federal Reserve Chairman Ben Bernanke this week spoke about what a weakening dollar...
Oil Prices Hit All-Time High
Oil has hit a true record, with crude oil futures briefly hitting $103.95 a barrel Monday. That's higher than the inflation-adjusted record set in April 1980. Prices eventually settled...
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