Interest payments on the national debt top $1 trillion as deficit swells

[ad_1] A view shows a bronze seal beside a door at the U.S. Treasury building in…

Wholesale prices rose 0.2% in August, in line with expectations

[ad_1] Wholesale prices rose in August about in line with expectations, the final inflation data point…

Draghi urges radical European Union reform requiring extra 800 billion euros a year

[ad_1] Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the…

5 things to know before the stock market opens Monday

[ad_1] Here are the most important news items that investors need to start their trading day:…

CNBC Daily Open: Why markets aren’t always a good barometer for the economy

[ad_1] A trader works on the floor at the New York Stock Exchange (NYSE) in New…

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

[ad_1] The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent…

Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears

[ad_1] A trader signals an offer in the Standard & Poor’s 500 stock index futures pit…

Stocks making the biggest moves midday: Intel, Elastic NV, MongoDB and more

[ad_1] Check out the companies making headlines in midday trading: Intel — The chipmaker jumped about…

The Fed’s favorite inflation indicator increased 0.2% in July, as expected

[ad_1] Inflation edged higher in July, according to a measure favored by the Federal Reserve as…

The Fed’s preferred inflation indicator is out Friday. Here’s what to expect

[ad_1] 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

[ad_1] A meat counter showing a variety of sausages at a Fred Meyer grocery store, a…

Markets are now wondering whether the Fed might cut by half a point in September

[ad_1] With Federal Reserve Chair Jerome Powell all but confirming that an interest rate cut is…

How China became the leading car supplier to Mexico and what it means for the U.S.

[ad_1] Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell…

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

[ad_1] Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam…

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

[ad_1] Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after…

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