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This Week: Consumer credit, GameStop earns, consumer prices

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A look at some of the key business events and economic indicators upcoming this week: ...

US economy: Plenty of growth, not enough workers or supplies

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WASHINGTON — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs. ...

Biden says jobs report bolsters case for government spending

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President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...

Biden says jobs report bolsters case for government spending

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President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...

Turkish lira dips to record low over Erdogan rate comments

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ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...

Eurozone inflation rebounds to 2.0% on higher energy prices

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FRANKFURT, Germany — Eurozone inflation rose to 2.0% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued....

Travel numbers climb as Americans hit the road for holiday

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Americans hit the road in near-record numbers at the start of the Memorial Day weekend, as their eagerness to break free from coronavirus confinement...

US average mortgage rates decline; 30-year loan at 2.95%

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WASHINGTON — Mortgage rates declined this week, pushing the benchmark 30-year home loan back down below the 3% mark. Signs continued of the economy’s...

Homebuyers increasingly willing to pay above asking price

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LOS ANGELES — The red-hot U.S. housing market is widening the gap between what a home is objectively worth and what eager buyers are...

Yellen says economic recovery likely to be ‘bumpy’

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WASHINGTON — Treasury Secretary Janet Yellen says that the economic recovery is going to be “bumpy” with high inflation readings likely to last through...