by Mark Chandik | Jul 21, 2025
At first glance, June’s Consumer Price Index (CPI) was reassuring. The US Bureau of Labor Statistics reported that the CPI rose 0.3% in June as expected, while the core CPI, which excludes food and energy, rose a smaller-than-forecast 0.2%, per the Wall Street...
by Mark Chandik | Jul 14, 2025
Home sales have fallen sharply over the last three years, with sales near the levels we last saw in 2008, according to the National Association of Realtors. Yet, unlike in 2008, housing prices haven’t collapsed this time around. Over the past 15 years, lending...
by Mark Chandik | Jul 7, 2025
The US Bureau of Labor Statistics reported that nonfarm payrolls rose 147,000 in June, topping the forecast of 110,000 (Wall Street Journal), while the unemployment rate fell to 4.1% in June from 4.2% in May. Private sector jobs rose a more muted 74,000. The headline...
by Mark Chandik | Jun 30, 2025
As we get set to mark the 249th anniversary of the signing of the Declaration of Independence, it’s the perfect time to reflect on some fascinating details behind this iconic American document. Here are nine interesting facts to explore and enjoy! Thomas Jefferson is...
by Mark Chandik | Jun 23, 2025
It came as no surprise that the Federal Reserve maintained its benchmark rate—the fed funds rate—at 4.25% to 4.50% during last Wednesday’s meeting. Despite the moderation in the rate of inflation, central bankers didn’t hint at any near-term cut in interest rates. The...
