Andrew Moran

‘Consumers appear worried that inflation will increase and proliferate beyond fuel prices,’ said University of Michigan’s consumers survey director.

‘Today marks a return to an institution that I do, in fact, cherish,’ Warsh said.

The so-called software scare—also known as the SaaSpocalypse—had generated consternation across financial markets

Continuing unemployment benefits came in below expectations, lifting optimism about renewed hiring momentum.

‘Policy firming’ could be ahead if inflation continually runs above Fed’s 2 percent target, according to a summary of meeting minutes.

Supporters say the legislation will help increase the number of new homes and lower costs. The bill now heads to the Senate.

‘Now is the time to join the United States in moving aggressively,’ the Treasury secretary said.

Own assets at a time of currency erosion, says top economist Daniel Lacalle.

Crude oil’s climb above $100 a barrel has battered the currencies of economies heavily reliant on Gulf energy imports.

Price pressures persist for U.S. firms because of soaring global energy costs.