Job growth trended downward and came in below expectations in June, per the latest findings from the U.S. Bureau of Labor Statistics. This adds another data point as the Federal Reserve moves to consider adjusting interest rates in coming months; in previous months, the Fed has been caught between both rising inflation and a weak…
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. Zillow-MRED-Compass Heads for Testimony July 1-2 RISMedia will be on the ground in Chicago July 1-2, covering the high-stakes trial between Zillow, Midwest Real Estate Data (MRED) and Compass. The preliminary injunction hearing…
The Personal Consumption Expenditures (PCE) price index increased 0.7% in May, as the economy continues to absorb tariff impacts and Iran war-related disruption. Excluding food and energy (so-called “core inflation”), the headline PCE price index increased by 0.3%, according to the latest report from the Bureau of Economic Analysis. Year-over-year, the PCE price index increased…
Rising energy costs due to the Iran war continue to put serious upward pressure on inflation, according to the latest data from the Bureau of Labor Statistics. The Consumer Price Index (CPI) grew 0.5% in May, with annual inflation clocking in at 4.2%. Specifically, this is the “highest headline CPI reading in three years,” as…
The ongoing conflict between the United States and Iran has caused inflation to increase; energy prices most recently boosted annual inflation to a three-year high of 3.5%. If inflation continues to rise, then the Federal Reserve board expects they will have to hike interest rates as an offset, based on revelations in the latest meeting…
Jerome Powell’s tenure as chair of the Federal Reserve concludes on May 15, bringing the eight years he has spent in the role to a close. Since the second Trump administration commenced, Powell (who was appointed to the Fed by Trump in 2018) has come under criticism from the President for, in Trump’s view, a…
The post Trump’s Nominee to Lead Federal Reserve Confirmed by U.S. Senate appeared first on RISMedia.
The United States added 115,000 jobs in April, according to the Bureau of Labor Statistics, significantly beating analysts’ expectations as employers continue to shrug off high energy costs and geopolitical uncertainty—something buyers and sellers have been less willing to do. With an unemployment rate now at 4.3% and an average 48,000 payrolls added per month…
Since the commencement of the U.S. and Iran war, energy prices have soared, and the latest findings from the Bureau of Economic Analysis’ Personal Consumption Expenditure (PCE) index (the Federal Reserve’s preferred measure of inflation) found that catching up. The PCE price index experienced a large bump in March 2026; after hovering around 2.9% annual…
Jerome Powell’s reign at the Fed may be at its end, but he’s not going anywhere. On Wednesday, the Federal Reserve held interest rates steady at its April Federal Open Market Committee (FOMC) meeting, leaving the federal funds rate unchanged at a rate of 3.5%-3.75% for the third straight month since December’s quarter-point cut. And…
Tuesday morning, the Senate Banking, Housing, and Urban Affairs Committee held a confirmation hearing for Kevin Warsh, President Donald Trump’s nominee to succeed Jerome Powell as chair of the Federal Reserve. Warsh previously served on the Federal Reserve Board of Governors, appointed by President George W. Bush in 2006 and remaining until 2011. He has…
| Older Posts |