The dollar rose to a two-week high against a basket of currencies after data showed a stronger-than-expected rise in import prices as petroleum prices jumped.
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U.S. Home Builder Sentiment Improved in May But Affordability Challenges Persist
Confidence among U.S. home builders improved in May but still remains in negative territory amid rising mortgage rates, elevated costs and economic uncertainty tied to […]
Boston Fed President Susan Collins flagged the possibility that the central bank might need to raise interest rates if inflation pressures broaden in coming months
In an interview, the Fed official said she is watching how households’ inflation expectations have drifted higher. Source link
Wichita, Kan., is that rare American city betting its future on the middle class
Rent, food and other costs are cheaper than the national average. A duplex boom is attracting middle-income earners to the Midwestern city. Source link