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  Category: Economy

Economy

Economy

Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

September 25, 20250

Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere t...

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Economy

U.S. and global growth forecast lifted by OECD as economies surprise to the upside

September 24, 20250

Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPho...

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Economy

Fed Chief Powell says stock prices appear ‘fairly highly valued’

September 23, 20250

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee's statement...

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Economy

Trump’s pressure on Europe to slap 100% tariffs on India and China raises eyebrows

September 22, 20250

U.S. President Donald Trump and President of the European Commission Ursula von der Leyen shake hands as they announce a US-EU trade deal after a...

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Economy

European Central Bank leaves rates unchanged as tariff fallout lingers

September 21, 20250

The European Central Bank held interest rates steady on Thursday as economic uncertainty persists in the wake of U.S. Donald Trump's aggressive t...

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Economy

Steve Bannon floats idea of Bessent running both Treasury and the Fed

September 20, 20250

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Mad...

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Economy

Germany was billed as Europe’s growth driver. Now economists are saying: Not so fast

September 19, 20250

German Chancellor Friedrich Merz addresses the Bundestag during a debate over the 2025 federal budget on September 17, 2025 in Berlin, Germany.Na...

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Economy

Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut

September 18, 20250

The Federal Reserve's decision to cut its key borrowing rate by a quarter percentage point seems to be sitting well with the White House, if Nati...

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Economy

Sticky UK inflation unlikely to move the needle for Bank of England

September 17, 20250

Interior of cheese monger specialist cheese shop, Mons cheese mongers, East Dulwich, London, England, UK. Geography Photos | Universal Images Gro...

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Economy

Bessent sees trade deal likely with China before November deadline on reciprocal tariffs

September 16, 20250

Treasury Secretary Scott Bessent expressed confidence Tuesday that a trade deal with China is near.With so-called reciprocal tariffs set to take ...

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