The Latest Breaking News from Joseph Brusuelas

U.S. dollar falls as inflation rises, tech stocks hit hard, while yen surges on speculation of Bank of Japan rate hike in December.

The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024 at a sluggish pace

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1% Friday morning after the Labor Department reported strong U.S. jobs market numbers from May.

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% Friday morning after the Labor Department reported strong U.S. jobs market numbers from April.

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 2.1% on Thursday after the Commerce Department said U.S. GDP declined 1.4% in the first quarter.

Skyrocketing oil and gasoline prices have some Americans calling for a return to the pricing controls of the 1970s.

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% Friday morning after the Labor Department reported lackluster U.S. jobs market numbers from March.

For more than a year, the U.S. Federal Reserve reassured investors that post-COVID-19 pandemic inflationary pressures were transitory. However, Joseph Brusuelas, principal and chief economist for RSM US LLP, said Tuesday that the Russian invasion of Ukraine may have assured investors inflation is here to stay for at least the next…