U.S. GDP expanded in the third quarter at an annualized rate of 2.6%, according to the “advance” estimate released by the Bureau of Economic Analysis.

In its third estimate, the Bureau of Economic Analysis said that the U.S. economy contracted at a 0.6% rate in the second quarter.

The Bureau of Labor Statistics reported an 8.3% year-over-year increase in overall inflation in August, compared to an 8.5% rate in July.

 Our forecast for the average price of West Texas Intermediate crude oil in 2022 is now $100 per barrel, compared to last year’s average price of $68....

The housing market has been an important contributor to the U.S. economic recovery from the pandemic, but high prices and high interest rates have recently cooled the...

Household Finances in Good Shape: The Federal Reserve keeps track of household debt service payments as a percentage of disposable personal income. This metric (the lower the...