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  Category: Economy

Economy

Economy

CEO recession expectations decline from April scare, survey says

June 20, 20250

Alexander Spatari | Moment | Getty ImagesBusiness leaders are walking back recessionary expectations for the U.S. that initially spiked in the af...

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Economy

World Bank sharply cuts global growth outlook on trade turbulence

June 19, 20250

Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Ger...

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Economy

The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect

June 18, 20250

Federal Reserve Chair Jerome Powell.Chip Somodevilla | Getty ImagesFederal Reserve officials get to voice their outlook this week on the future p...

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Economy

Retail sales fell 0.9% in May, worse than expected as consumers pulled back

June 17, 20250

Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumers spending pulled back sharply in ...

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Economy

U.S. inflation rises 0.1% in May from prior month, less than expected

June 16, 20250

Consumer prices rose less than expected in May as President Donald Trump's tariffs had yet to show significant impact on inflation, the Bureau of...

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Economy

UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher

June 15, 20250

LONDON, UNITED KINGDOM - MARCH 26, 2025: Britain's Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement o...

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Economy

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

June 14, 20250

A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia.Sha Hanting | China News Service | Getty ImagesConsumers in the early par...

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Economy

Here are the three reasons why tariffs have yet to drive inflation higher

June 13, 20250

Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread fears to t...

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Economy

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

June 12, 20250

The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023.Saul Loeb | Afp | Getty ImagesThe U.S. government drif...

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Economy

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

June 11, 20250

U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersP...

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