U.S. worker productivity grew at its quickest pace in three years in the third quarter, depressing labor costs.
April 26, 2024
U.S. consumer confidence declined for a third straight month in October amid persistent worries about inflation, higher borrowing costs and the political environment, a survey
April 26, 2024
Federal Reserve policymakers have telegraphed no change to the current 5.25%-5.50% target range for short-term interest rates at their two-day meeting starting Tuesday.
April 26, 2024
Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance of
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
April 26, 2024
Asian shares tracked Wall Street futures higher on Friday as Amazon provided some welcome earnings relief, while bonds were able to sustain a rally amid signs U.S.
April 26, 2024
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
April 26, 2024
Investors looking toward U.S. corporate earnings growth to revive the rally in the benchmark S&P 500 may be disappointed as inflation remains volatile,
April 26, 2024
The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of
April 26, 2024
The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs.
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another watershed day for U.S.
April 26, 2024
By Michael S.
April 26, 2024
Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank's mission, although he did not say what that
April 26, 2024
Federal Reserve policymakers are signaling a pause in hiking interest rages for another couple months as they wait for a resolution of mixed signals: strong economic data, signs of
April 26, 2024
Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for inflation to come down, and it is "still too high."
April 26, 2024
Chicago Fed president Austan Goolsbee said it is "undeniable" that the slowdown in U.S. inflation is a trend rather than a momentary blip, despite a recent string of economic data showing
April 26, 2024
Wall Street's main indexes closed lower on Thursday after a U.S.
April 26, 2024
A look at the day ahead in U.S. and global markets by Samuel Indyk The minutes from the Federal Reserve's September policy meeting on Wednesday confirmed the central bank is watching the data closely,
April 26, 2024
A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. Investors in U.S.
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
April 26, 2024
U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal
April 26, 2024
High levels of inflation and increased costs of living are contributing to worldwide hunger, according to a survey of 16 countries commissioned by the humanitarian group
April 26, 2024
Domino's Pizza on Thursday missed market expectations for quarterly revenue, as higher menu prices and delivery charges discouraged inflation-weary consumers from ordering at the
April 26, 2024
Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and keep rates higher for longer next year, after U.S. data on Thursday
April 26, 2024
Uncertainty around the path of the U.S. economy, including difficulties estimating the state of financial markets, potential oil price shocks, and the impact
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
April 26, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper, editor, finance and markets breaking news Investors are always eager to get a look at the minutes from the Federal
April 26, 2024
With U.S. inflation down from its peak, the risk of raising interest rates too little no longer far outweighs the risk of raising rates too much, San Francisco Federal Reserve President
April 26, 2024
By Michael S.
April 26, 2024
Atlanta Federal Reserve Bank President Raphael Bostic on Tuesday said the U.S. central bank need not raise borrowing costs any further, and sees no recession ahead even as
April 26, 2024
By Michael S.
April 26, 2024
Bank for International Settlements General Manager Agustin Carstens on Sunday said it's "too early to say" how the newly erupted conflict in Israel will affect the global economy
April 26, 2024
U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude oil futures down $10 a barrel over economic fears and eroding
April 26, 2024
Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as retailers go all out to woo inflation-hit consumers with even bigger discounts and
April 26, 2024
(Reuters - Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the "golden path" toward the Fed's 2% inflation goal and at the
April 26, 2024
A look at the day ahead in U.S. and global markets by Mike Dolan If markets had been hoping the Federal Reserve might be minded to push back against the relentless rise in U.S. bond yields, they've
April 26, 2024
Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations.
April 26, 2024
A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step
April 26, 2024
Wall Street's main indexes ended higher on Thursday as investors assessed the latest batch of economic data and as a surge in
April 26, 2024
Underlying U.S. inflation moderated in August, with the annual rise in prices excluding food and energy falling below 4.0% for the first time in more than two
April 26, 2024
A look at the day ahead in U.S. and global markets by Mike Dolan With one eye on a key U.S. inflation update for August later on Friday, world markets limped to the end of a poor third quarter and
April 26, 2024
U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%.
April 26, 2024
Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital Management hedge fund remains short on bonds, as he sees
April 26, 2024
By Michael S.
April 26, 2024
The dollar index eased from a 10-month high on Thursday but remained on track for a weekly gain, and investors stayed on guard for potential
April 26, 2024
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation
April 25, 2024
The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates
April 24, 2024
More than one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income
April 24, 2024
U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring
April 22, 2024
Bank Indonesia will cut its key interest rate next quarter and again in the fourth quarter, later than previously expected, as inflation rises and the rupiah
April 22, 2024
Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices
April 17, 2024
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year because “recent data have clearly not given us greater confidence” that price increases are under control
April 16, 2024
Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation
April 16, 2024
Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks
April 16, 2024
Americans increased their spending pace in March at a better-than-expected pace from February, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges
April 15, 2024
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year
April 12, 2024
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates
April 11, 2024
Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut
April 11, 2024
Asian shares are mixed after U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend
April 11, 2024
An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year
April 09, 2024
Asia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve
April 09, 2024
Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates
April 06, 2024
The American economy is thought to have added 200,000 jobs in March — a more-than-respectable increase though one that would mark a slowdown from February’s vigorous gain of 275,000 and last year’s monthly average increase of 251,000
April 04, 2024
Inflation has fallen again in Europe, to 2.4% in March
April 03, 2024
Many Americans are in a sour mood about the economy for one main reason: Prices feel too high
March 30, 2024
A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease
March 29, 2024
It may not be too “appeeling,” but the price of some bananas are rising by a few cents
March 27, 2024
A study by an environmental scientist and the European Central Bank finds that food prices and overall inflation will rise as temperatures climb with climate change
March 21, 2024
Asian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year
March 21, 2024
The Czech Republic's central bank has cut its key interest rate for a third straight time amid falling inflation and an effort to help the economy
March 20, 2024
Price rises in the U.K. eased by more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months
March 20, 2024
The latest measures of U.S. inflation have turned out to be hotter than expected
March 19, 2024
Shares are mixed in Asia after the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, ending a longstanding negative rate policy
March 19, 2024
Asian stocks have gained ahead of policy decisions this week by Japan's central bank and the Federal Reserve
March 18, 2024
Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates
March 17, 2024
Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing
March 15, 2024
Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and
March 15, 2024
Shoppers picked up their spending in February after a pullback the previous month, reflecting the mixed feelings Americans have in an economy where prices are up, but jobs are plentiful
March 14, 2024
Asian shares are mostly rising, encouraged by a record rally on Wall Street
March 13, 2024
Consumer prices likely rose last month at a pace that would exceed the Federal Reserve’s inflation target, underscoring why the Fed is being cautious as it considers when to cut interest rates and suggesting that inflation will remain a potent issue in President Joe Biden’s re-election race
March 11, 2024
The nation’s economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease
March 08, 2024
Europe's outburst of inflation is receding
March 07, 2024
Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion
March 06, 2024
Federal Reserve Chair Jerome Powell begins two days of testimony to Congress on Wednesday, with two issues likely to dominate the questions he'll face: When will the Fed start cutting interest rates, and by how much
March 05, 2024
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month
February 29, 2024
Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle
February 27, 2024
Nigeria’s government employees and other union workers have begun a new nationwide strike that threatens to shut down key services while people are angry about soaring inflation and growing economic pain
February 27, 2024
This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago
February 26, 2024
Inflation has changed the way many Americans shop
February 24, 2024
Most brokerages have forecast a 25 basis points interest rate cut by the U.S.
February 23, 2024
Germany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europe’s largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling
February 23, 2024
Japan’s exports have grown nearly 12% in January as shipments jumped in vehicles, auto parts and machinery
February 21, 2024
Asian shares are trading mixed on the second day Chinese markets are open after the Lunar New Year break
February 20, 2024
A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after years of gloom
February 16, 2024
Wholesale prices in the United States accelerated in January, the latest sign that some inflation pressures in the economy remain elevated
February 16, 2024
In Algeria, people have long relied on foreign currencies to buy imported items in short supply or finance their children's educations abroad
February 16, 2024
Both Japan and the United Kingdom said Thursday their economies weakened during the final three months of 2023
February 15, 2024
Asian shares have declined after disappointingly high U.S. inflation data sent shares sliding on Wall Street and raised prospects that interest rates will remain elevated for longer
February 14, 2024
Inflation may have fallen below a 3% annual rate last month, which would be the lowest level in nearly three years and a potentially significant milestone as the Biden administration seeks to bolster Americans’ views of the economy before the November elections
February 12, 2024
The Czech Republic’s central bank has cut its key interest rate for the second straight time in an effort to help the struggling economy
February 08, 2024
Turkey's new central bank chief says the work to tame inflation — namely through interest rate hikes — will continue “with determination.”
February 08, 2024
Noticeable pockets of Americans — renters, the poor and middle-income borrowers — are running up their credit cards balances, and increasing numbers are falling behind on their debts
February 02, 2024
The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels
February 01, 2024
Inflation is headed down in Europe
February 01, 2024
The Bank of England is expected to keep its main interest rate at near 16-year highs and indicate that lower borrowing costs aren't imminent because inflation is stuck too high for comfort
February 01, 2024
Asian shares are mixed after Wall Street fell to its worst loss since September as the Federal Reserve indicated cuts to interest rates are not imminent
February 01, 2024
The central bank is ‘really in risk management mode,‘ its chairman said.
February 01, 2024
Europe’s economy failed to expand at the end of 2023
January 30, 2024
The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his economic stewardship
January 26, 2024
Asian shares are mostly lower despite upbeat news on the U.S. economy, with Japan’s benchmark falling after the latest data showed inflation has been slowing faster than expected
January 26, 2024
The European Central Bank will likely keep interest rates unchanged Thursday
January 25, 2024
The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households
January 25, 2024
After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes
January 24, 2024
The U.S.
January 23, 2024
Asia markets mostly advanced Friday after Wall Street recouped most of the week’s earlier losses and Japan reported slowing inflation, which may keep its ultra-low interest rates steady
January 18, 2024
European Central Bank head Christine Lagarde says cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged the economy
January 17, 2024
Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely
January 17, 2024
Treasury Secretary Janet Yellen is making an election-year pitch that the current state of the economy “vindicates” Democrats’ decision to pass a $1.9 trillion coronavirus pandemic response package back in 2021
January 17, 2024
A top Federal Reserve official said he's increasingly confident that inflation will continue falling this year back to the Fed’s 2% target level, after two years of accelerating price spikes that hurt millions of American households
January 16, 2024
Two important inflation indicators are trending in different directions. What gives?
January 11, 2024
The number of Americans applying for unemployment benefits inched down to its lowest level in nearly three months last week as the U.S. labor market continues to flex its muscle in spite of elevated interest rates
January 11, 2024
Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target will likely remain a bumpy one
January 10, 2024
The U.N. Food and Agriculture Organization says global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022
January 05, 2024
Inflation is on the rebound in Europe
January 05, 2024
President Joe Biden's administration is providing $162 million to Arizona high-tech manufacturer Microchip Technology to support the domestic production of computer chips
January 04, 2024
America’s employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021
January 03, 2024
A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world's second-largest economy remains sluggish
January 01, 2024
The IPO market limped ahead in 2023 and analysts expect a steadier recovery ahead
December 28, 2023
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy
December 28, 2023
Mastercard SpendingPulse said Tuesday that holiday sales rose this year
December 26, 2023
The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates
December 21, 2023
Asian shares have slipped after Wall Street slammed the brakes on its big rally following disappointing corporate profit reports and warnings that the market had simply gone too far, too fast
December 21, 2023
It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts
December 16, 2023
The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years
December 15, 2023
President Joe Biden goes into next year’s election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it
December 11, 2023
With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring
December 11, 2023
Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said
December 01, 2023
Stocks gained ground on Wall Street as the market comes off its best month in more than a year
December 01, 2023
Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years
November 30, 2023
Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years
November 30, 2023
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
November 29, 2023
Asian shares are mostly higher ahead of the release of U.S. consumer inflation data
November 29, 2023
A key Federal Reserve official raised the possibility that the Fed could decide to cut its benchmark interest rate as early as spring if inflation keeps declining steadily
November 28, 2023
President Joe Biden has opened the first meeting of his supply chain resilience council by warning companies against price gouging and saying that his administration is working to lower costs for U.S. families
November 27, 2023
Federal Reserve officials concluded earlier this month that inflation was steadily falling and agreed to closely monitor incoming data to ensure that the pace of price increases would continue slowing toward their 2% target, according to the minutes of their meeting
November 21, 2023
Shares are mostly lower in Asia after Wall Street’s rally ran out of momentum
November 21, 2023
More Americans filed for jobless claims last week, and while the labor market remains broadly healthy, there have been recent signs that it may finally be cooling
November 16, 2023
Macy’s third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street’s expectations
November 16, 2023
Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars
November 15, 2023
The European Union’s executive commission has lowered growth its expectations for this year and next, saying the economy “has lost momentum” as inflation discourages consumers and higher interest rates deter borrowing for purchases and investment
November 15, 2023
Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison
November 15, 2023
Asian shares have retreated after Wall Street added a bit more to its big rally from a day before
November 15, 2023
Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates
November 01, 2023
Asian shares are surging after the U.S. Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy
November 01, 2023
The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead
November 01, 2023
American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated
October 31, 2023
Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month
October 31, 2023
The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors
October 30, 2023
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period
October 27, 2023
Asian shares have risen after the latest tumble on Wall Street
October 26, 2023
The European Central Bank has taken a break from interest rate increases
October 26, 2023
The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace
October 26, 2023
An estimated 17 million households reported problems finding enough food last year
October 25, 2023
Asian shares are mixed after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%
October 23, 2023
Federal Reserve Chair Jerome Powell said inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market
October 19, 2023
Applications for U.S. unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy and labor market
October 19, 2023
Inflation in the U.K. held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs for motorists
October 18, 2023
U.S. stocks mostly fell after getting pulled in opposite directions by competing waves of optimism and fear
October 13, 2023
The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
October 12, 2023
Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace
October 11, 2023
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate
October 11, 2023
U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates
October 11, 2023
Germany's government says it expects the country’s economy to shrink by 0.4% this year
October 11, 2023
Asian shares are mostly higher as investors await the release of U.S. consumer price data and keep a cautious watch on the war between Israel and the Palestinian militant group Hamas
October 11, 2023
The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts
October 10, 2023
Two Federal Reserve officials have suggested that the central bank may leave interest rates unchanged at its next meeting in three weeks
October 09, 2023
Asian shares are mostly higher in cautious trading after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market
October 06, 2023
An unforeseen burst of hiring last month has lifted hopes that the economy will prove durable once again, even as an array of threats lie ahead
October 05, 2023
Asian shares are mostly higher in cautious trading after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market
October 05, 2023
Treasury yields surged in September and sapped the energy from a strong stock market as investors came to terms with the likelihood that interest rates will remain high well into next year
October 04, 2023
An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices
September 29, 2023
Inflation has dropped sharply in Europe
September 29, 2023
Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly less affordable housing market
September 28, 2023
The head of the European Central Bank says interest rates will stay high long enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
September 25, 2023
The Bank of England has paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises
September 21, 2023
Sweden’s central bank has raised its key interest rate, saying the “inflationary pressures in the Swedish economy are still too high.”
September 21, 2023
News of a soft landing may be premature.
September 21, 2023
Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine
September 20, 2023
Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought
September 20, 2023
The Federal Reserve left its benchmark interest rate unchanged for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased
September 19, 2023
Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools
September 18, 2023
Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school
September 14, 2023
U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve
September 14, 2023
The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before
September 14, 2023
Shares are mostly higher in Asia after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected
September 13, 2023
Cambodian archaeologists discover a dozen centuries-old sandstone statues at Angkor UNESCO site
More spending and tax hikes expected in the first budget from Britain's Labour government
Most Gulf markets gain in early trade, Qatar falls
North Korea's top diplomat set to hold talks in Moscow amid reports of troop deployment
French economy expanded 0.4% in Q3, INSEE says
Democrats are leaning on celebrity star power. Will it matter?