The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years,…
Tag: Economy
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
A trader signals an offer in the Standard & Poor’s 500 stock index futures pit at…
Stocks making the biggest moves midday: Intel, Elastic NV, MongoDB and more
Check out the companies making headlines in midday trading: Intel — The chipmaker jumped about 9.5%…
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the…
The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting |…
Increased sausage demand could be worrying signal on the economy
A meat counter showing a variety of sausages at a Fred Meyer grocery store, a sub…
Markets are now wondering whether the Fed might cut by half a point in September
With Federal Reserve Chair Jerome Powell all but confirming that an interest rate cut is imminent,…
How China became the leading car supplier to Mexico and what it means for the U.S.
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their…
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead…
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising…
Stocks making the biggest moves premarket: AMD, Estée Lauder, Dutch Bros, HP and more
These are the stocks posting the largest moves in premarket trading. Source link
Trump, Harris inflation arguments are questionable, Chicago Fed president says
Austan Goolsbee speaking at Jackson Hole on Aug. 8, 2023. David A. Grogan | CNBC Chicago…
Blinken to arrive in Israel as U.S. pushes for Gaza ceasefire
U.S. Secretary of State Antony Blinken talks onboard the plane during his visit to Israel as…
Here’s how a week’s worth of huge economic news will affect the Fed’s decision-making
The past week’s data deluge left behind a few distinct impressions: Inflation is on the run,…
Stocks making the biggest moves midday: Rocket Lab, Bavarian Nordic, H&R Block and more
Check out the companies making headlines in midday trading: Rocket Lab — The space company soared…