Sign In
Free Newsletter
Middle East war economic impact to depend on duration, damage, energy costs, IMF official says
IMF's Dan Katz says the Middle East war's economic impact depends on its duration, infrastructure damage, and energy price trends amid global uncertainty.
Fed’s Miran: Four quarter-point cuts still warranted this year, no “all clear” for job market
Federal Reserve Governor Stephen Miran endorses four quarter-point rate cuts in 2024, citing ongoing labor market risks despite strong job growth and easing inflation.
Trump hails ‘golden age’ in State of the Union as voters sour on economy
President Trump hailed a 'golden age' in his State of the Union, focusing on economic achievements despite low approval and voter frustration over inflation.
US dollar weakens as traders assess economic data; yen set for strong weekly gains
The US dollar declined against major currencies amid mixed economic data, while the Japanese yen is poised for its strongest weekly rise in a year following political developments.
US economists predict Fed rate hold through May, June cut under Warsh
The Federal Reserve is expected to hold interest rates steady through May, with economists forecasting a cut in June under new chair Kevin Warsh, who may adopt looser policy.
Stocks retreat from record high, dollar higher after Fed keeps rates steady
NEW YORK, Jan 28 (Reuters) – Global stocks were on pace to snap a five-session streak of gains on Wednesday, while the U.S. dollar held on to gains after the Federal Reserve kept rates steady, as widely expected. In keeping rates unchanged, the Fed cited still-elevated inflation alongside solid economic growth, and gave little indication […]
Fed leaves rates unchanged, sees ‘elevated’ inflation and stabilizing job market
The Federal Reserve held interest rates at 3.50%–3.75%, citing elevated inflation and steady growth, with little guidance on future cuts.
Tariffs linger over earnings, even as companies get used to them
Early earnings comments show U.S. companies struggling to offset tariffs as consumers push back against higher prices.
US economic growth accelerates in third quarter
US GDP grew at a 4.3% annualized rate in Q3, topping forecasts as consumer spending jumped despite shutdown headwinds.
Wall St closes higher fueled by tech rally, soft inflation data
Dec 18 (Reuters) – Wall Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron’s blowout forecast signaled strong AI demand. The Consumer Price Index report showed that consumer prices increased less than expected in the year to November. The […]
Unemployment rate rises, signaling weakness in the economy
The economy is flashing new warning signs, as the U.S. labor market shed jobs over October and November, and the unemployment rate ticked up to 4.6 percent, the highest level since 2021. Job gains of 64,000 in November exceeded expectations but only partially offset the loss of 105,000 jobs in October. Those losses, the sharpest […]
Investors eager for delayed data to shed light on US economy
Delayed U.S. jobs and inflation reports will give markets fresh clarity after a government shutdown as investors assess Fed policy and year-end risks.
