Inflation is the greater risk facing the U.S. economy right now with the unemployment rate remaining fairly stable, Chicago Fed President said.
Economists and strategists are taking stock of what surging oil prices mean for consumer spending, inflation, and Federal Reserve's path this year.
Edelman Financial Engines today announced the transformational expansion of its employee equity ownership with a $175 million equity distribution.
Investors went risk-off as the prospects of higher inflation lowered the chances investors are placing on Fed rate cuts.