Fed Reserve Balances Average $3.02T, Falling $7.5B in Latest Week
Reserve balances held by U.S. depository institutions at the Federal Reserve averaged $3.022 trillion in…
Author: Adarsha Dhakal
Philadelphia Fed Factory Index Falls to 20.9 as New Orders Weaken
Manufacturing activity in the Philadelphia Federal Reserve’s district slowed sharply in October as new orders…
30-Year Mortgage Rate Holds at 7.40% for Second Week
The average U.S. 30-year fixed mortgage rate held at 7.40% for a second consecutive week,…
US Crude Oil Inventories Fall 8.6 Million Barrels as Imports Slide
U.S. commercial crude oil inventories fell by 8.6 million barrels to 415.6 million barrels in…
US Retail Sales Rise 0.8% as August Gain Revised Up to 1.3%
U.S. retail sales rose 0.8% in September as gasoline station receipts jumped 6.4%, while August’s…
US Wholesale Prices Rise 1.3% as September Gasoline Surges 20.3%
U.S. wholesale prices jumped 1.3% in September, their biggest monthly increase in more than four…
Treasury, IRS Propose Stricter Health Tax Credit Rules for 2027
The U.S. Treasury Department and Internal Revenue Service have proposed new regulations tightening eligibility and…
Social Security Confirms 3.6% COLA for 2027, Adding $75 a Month
The Social Security Administration confirmed a 3.6% cost-of-living adjustment (COLA) for 2027 on October 14,…
Fed Beige Book Shows Nine Districts Growing, but Spending Flat
The U.S. economy expanded across nine of the Federal Reserve’s 12 districts, but consumer spending…
U.S. Real Hourly Earnings Fall 0.5% as September Prices Surge
U.S. inflation-adjusted hourly earnings fell 0.5% in September 2026 as consumer prices increased faster than…