High Inflation Improved In September—But Spending Slowed
Topline Spending slowed down for a second-straight month in September as inflation improved slightly, according to federal data…
Bessent says Fed rate cuts needed, China making good on soybean purchases
NEW YORK, Dec 3 (Reuters) – U.S. Treasury Secretary Scott Bessent on Wednesday expressed optimism about the economic…
Fed Beige Book: Employers are leaning on AI, freezing hiring, changing hours to avoid layoffs
If a company wants to reduce its headcount, there are several levers it can pull. It could freeze…
No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says
Bessent says inflation due to services economy, not tariffs Treasury secretary says Republicans should end filibuster in event…
Global Economic Outlook 2026: U.S. Resilience to Lead Growth
The year ahead brings an unusually broad range of possibilities for inflation and global growth. Global gross domestic product…
Wrong-way news is driving market selloff, says Macquarie, as Fed cut hopes fade
As markets head towards Black Friday, the mood among investors echoes the gloom from which the shopping holiday…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
Markets brace for life after global easing cycle
ORLANDO, Florida, Nov 6 (Reuters) – The global interest-rate cutting cycle has likely peaked. The question now is…
US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress households Government shutdown may impact food benefits, healthcare costs Fed monitors…
Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…
Nikkei average hits 50,000 for 1st time on US-China deal, likely Fed cut – Nikkei Asia
Nikkei average hits 50,000 for 1st time on US-China deal, likely Fed cut Nikkei Asia Asian stocks rally as…