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The days of 5 percent savings appear numbered as the Fed moves closer to cutting rates

But there’s still time to lock in some of the highest yields since the mid-2000s.

Federal Reserve keeps key interest rate steady for fifth time, still foresees 3 rate cuts this year
However, the central bank foresees fewer rate cuts in 2025, and they slightly raised their inflation forecasts.

US inflation up again in February in latest sign that price pressures remain elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Biden’s re-election campaign.

Big profits. Tiny tax bill. What’s a fair share for companies to pay?

President Biden wants to raise the minimum corporate tax rate. He should start with cutting loopholes and giveaways.

Larry Edelman | Trendlines
As local employers struggle to find workers, taking the temperature of the job market
The Labor Department’s employment report on Friday will show just how tight the labor market was in February.

Fed chair Powell still expects to cut rates this year, but not yet
Policy makers raised interest rates in 2022 and 2023 to slow growth and bring inflation under control, and they have been signaling for months that they could soon begin to lower those rates as price increases cool.

Larry Edelman | Trendlines
Lost in the fight over immigration: The economy needs immigrants
New arrivals — those here legally and those who are undocumented — are playing an increasingly pivotal role as the American workforce ages and birth rates decline, leaving many employers shorthanded.

A key inflation measure moderated in January
The personal consumption expenditures price index climbed 2.4 percent last month compared with a year earlier. That was in line with what economists had forecast and down from the 2.6 percent December reading.

Latest Headlines in Economy

Larry Edelman | Trendlines

The good, the bad, and the ugly of private equity

Most dealmakers aren’t Gordon Gekko. Nor are they Robin Hood.

US economy grew solid 3.2% in fourth quarter

The expansion in the nation’s gross domestic product — the economy’s total output of goods and services — slipped from a red-hot 4.9 percent from July through September.

Consumer confidence slips in February as anxiety over potential recession reappears

The decline comes as somewhat of a surprise as the economy continues to show resilience in the face of higher interest rates and inflation.

Healey outlines plan to focus jobs bill on boosting climate tech, life sciences, AI

In a speech to the Chamber of Commerce on Tuesday, the governor previewed the economic development package she’s expected to file later this week.

Larry Edelman | Trendlines

Even after a 30 percent pay cut, this buyout executive netted $897 million

Blackstone’s Stephen Schwarzman has a “down” year. Plus: Nvidia’s one-day stock boom and the shallow Mass. labor pool.

What recession? Professional forecasters raise expectations for US economy in 2024.

The economy looks set to grow 2.2 percent this year after adjusting for inflation, according to the National Association for Business Economics.

Consumers are increasingly pushing back against price increases — and winning

Inflation has changed the way many Americans shop

Larry Edelman | Trendlines

Rents in Boston are at a record-high. Could this be as bad as it gets?

Rents are moving lower in other cities. There are tentative signs that it could happen here, too.