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  Category: Economy

Economy

Economy

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

March 31, 20250

U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom dur...

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Economy

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

March 30, 20250

The Federal Reserve's key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected incr...

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Economy

Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows

March 29, 20250

A shopper pays with a credit card at the farmer's market in San Francisco on March 27, 2025.Bloomberg | Bloomberg | Getty ImagesThe deterioration...

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Economy

#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online

March 28, 20250

Christina Locopo | CNBCFor economists, harbingers of a recession can include a slowdown in consumer spending and rising unemployment.For the chro...

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Economy

Trump’s tariffs are making the ECB’s interest rate path ‘more complicated,’ policymaker says

March 27, 20250

U.S. President Donald Trump's tariff policies are making the path ahead for European Central Bank interest rates "more complicated," according to...

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Economy

British businesses pile on the pressure on U.K. Financial Minister Reeves ahead of budget update

March 26, 20250

Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday...

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Economy

The probability of a recession is approaching 50%, Deutsche markets survey finds

March 25, 20250

U.S. dollar banknotes and a label with the word "Recession" are seen in this illustration taken March 19, 2025.Dado Ruvic | ReutersChances that t...

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Economy

Investors’ optimism is growing around the UK economy as U.S.-EU trade disputes mount

March 24, 20250

LONDON — Some investors are expressing a growing optimism about the U.K.'s economic outlook despite the country's long-standing structural weakne...

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Economy

U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll

March 23, 20250

Vithun Khamsong | Moment | Getty ImagesIt is becoming harder for Americans to raise funds in case of an emergency, according to a recent survey f...

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Economy

Chicago Fed President Goolsbee sees rate cuts depending on inflation progress

March 22, 20250

Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that outlo...

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