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Consumer Prices Reach Highest Rates In Four Decades

The Consumer Price Index for May 2022 were released Friday, revealing the highest rates in four decades.

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Americans Go On Credit Card Tear, Pandemic Savings Wiped Out

The April consumer credit report from the Federal Reserve saw a surge in credit card debt, resulting in the largest ever increase in revolving credit.

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May Was The Worst Month For Private Businesses Since April 2020

May was the slowest month of private payroll increases since April 2020, leading payroll processing firm ADP reported Thursday.

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World Bank Boss David Malpass Gives Major Warning About Global Economy

The head of the World Bank Group issued a serious warning about the financial future of the globe Wednesday.

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