US household net worth rose $6.1 trillion in third quarter
Federal Reserve data showed wealth gains were led by equities, while real estate values declined and household borrowing grew at a...
By Sarah Jenkins 1 month agoSection
Economics
US mortgage debt rose $108 billion in third quarter, Fed data show
Federal Reserve flow-of-funds data showed mortgage debt growth was flat from the prior quarter, according to Calculated Risk.
By Ingrid Halvorsen 1 month ago
US inflation and housing data lead the economic calendar
Investors will watch December CPI, November retail sales and housing reports in a data-heavy week beginning Jan. 11.
By Ingrid Halvorsen 1 month ago
U.S. hotel occupancy rises to 50.5% in early January
CoStar data showed gains in U.S. hotel occupancy, room rates and RevPAR for the week ended Jan. 3, while early-year readings remai...
By Ingrid Halvorsen 1 month ago
Hormuz shipping recovers after truce, but vessel attack slows confidence
Traffic through the Strait of Hormuz has risen since a U.S.-Iran truce, though a cargo ship strike and unclear routing rules are k...
By Ingrid Halvorsen 1 month ago
Iran warns Hormuz vessels against routes not cleared by Tehran
The IRGC Navy said ships must use Iranian-designated corridors, keeping pressure on a key energy chokepoint despite a provisional...
By Sarah Jenkins 1 month ago
Goldman sees World Cup adding 40,000 jobs to June payrolls
Homebase data point to stronger hiring in World Cup host cities, lifting Goldman’s payroll estimate above the Dow Jones consensus.
By Ingrid Halvorsen 1 month ago
ECB raises rates to 2.25% as energy shock lifts euro zone inflation
The European Central Bank lifted borrowing costs for the first time since 2023 and cut its growth outlook as the Iran war pushed u...
By Ingrid Halvorsen 1 month ago
Nevada leads US workforce growth as economy broadens beyond casinos
BLS data show Nevada’s workforce rose 1.9% in the year to April 2026, outpacing every other state as hiring spread beyond gaming.
By Ingrid Halvorsen 1 month agoUS labor force participation falls to lowest non-Covid level since 1976
BLS data showed the June jobless rate fell to 4.2% as 720,000 people left the labor force, masking weaker household employment.
By Ingrid Halvorsen 1 month agoBank of England holds rate at 3.75% as energy shock clouds inflation
The U.K. central bank kept rates unchanged, with policymakers weighing weak output against inflation risks tied to the Iran war an...
By David L. Chen 1 month ago
Hormuz reopening may not quickly reverse inflation shock, analysts say
A U.S.-Iran memorandum eased supply fears, but economists say energy, food and rate pressures from the Hormuz war will persist.
By Ingrid Halvorsen 1 month ago