finances and investments

Consumers are increasingly optimistic about the US economy |  CNN Business

Consumers are increasingly optimistic about the US economy | CNN Business

CNN — Consumer confidence rose for a second consecutive month in September, as moderation in gasoline prices and hope that inflationary pressures may ease helped boost the collective morale of the nation. The Conference Board reported on Tuesday that its benchmark index rose to 108 from a revised 103.6 in August, the highest since April. …

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Fed fight against inflation could cost 1.2 million US jobs |  CNN Business

Fed fight against inflation could cost 1.2 million US jobs | CNN Business

Minneapolis CNN Business — In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple euphemisms to describe the potential impact on American jobs, from economic “pain” to “unfortunate costs” and a ” downturn in the labor market. The data, however, does not mince words. The Fed’s latest …

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