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  Category: Economy

Economy

Economy

Producer prices report points to softer Fed inflation measure than feared

February 17, 20250

A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are...

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Economy

Unemployment spikes in Washington, D.C., as Trump and Musk begin efforts to shrink the government

February 16, 20250

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin...

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Economy

Retail sales slumped 0.9% in January, down much more than expected

February 15, 20250

Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Departm...

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Economy

Defense stocks drop after Trump says Pentagon spending could be halved

February 14, 20250

U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025.Kevin Lamarque | ReutersDefense stocks drop...

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Economy

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

February 13, 20250

DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump...

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Economy

Consumer price report Wednesday expected to show inflation isn’t going away

February 12, 20250

Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg i...

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Economy

Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats

February 11, 20250

PORTSMOUTH, UNITED KINGDOM - OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on ...

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Economy

Minneapolis Fed’s Kashkari expects lower interest rates later this year

February 10, 20250

Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the economic data continues t...

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Economy

Consumer inflation fears spike in February as tariff worries hit sentiment

February 9, 20250

People shop at a Whole Foods store on Feb. 3, 2025 in New York City.Michael M. Santiago | Getty ImagesConsumers grew dramatically more worried ab...

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Economy

Unemployment spiked for Black men in January as more joined the labor force

February 8, 20250

Jobseekers talk to recruiters during the New York Public Library's annual Bronx Job Fair & Expo at the Bronx Library Center in the Bronx boro...

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