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US economy grew at blistering pace in third quarter

(NEW YORK) -- The U.S. economy grew at a blistering pace over three months ending in September, more than doubling growth in the previous quarter and rebuking worries about a possible recession. The robust performance, however, complicates the fight to dial back inflation.Fresh GDP... Read More.

Consumer prices jump at fastest pace since 1982

(NEW YORK) -- Consumer prices are continuing to climb, causing new pain for Americans' pocketbooks, as inflation tightens its grip on the economy and hobbles the post-pandemic recovery.The consumer price index, which measures the prices consumers pay for a market basket of everyday goods... Read More.