Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.
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The on-off dynamic of the US-China economic relationship so far this year would make the writing rooms of most soap operas blush.
For the first time in decades, recent college grads have a higher unemployment rate than the rest of the economy.
JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink sounded off last week about higher deficit spending in the US.
Does the deficit crunch mean the US has won the first big battle of the trade war? Well, that’s a complicated question
As China tightens its grip on rare earths exports, one of its most crucial bargaining chips, the global supply chain is showing cracks.
The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.
Klarna says the card will offer one free tier and two paid tiers that include discounts and better cashback rates.
The dollar decline comes just as a couple of other key US economic indicators have begun blinking red, too.
A new report by Redfin showed that US home sellers now outnumber by buyers by nearly half a million, the biggest gap on record since 2013.
Keeping track of the Trump’s on-and-off tariff strategy was hard enough — and now the judicial system is having their turn at the switch.
The Fed was already walking a tightrope over a bottomless pit of stagflation before waves of tariffs came to rattle the line.
You can’t bounce back without first getting low. And, in April, consumer confidence according to the Conference Board got real low.
Even before the latest jump in mortgage rates, existing home sales slid 0.5% last month, according to the National Association of Realtors.
After the auction, the yield on the 20-year note rose to 5.125%, the highest level since back in November 2023.
Hanging over the proceedings is the countdown to July 8, when the US is poised to slam its allies with “reciprocal” tariffs.