Powell balances inflation and jobs, yields stay above 4%
The FED has spoken and we got the 25 bps we expected. The future path remains just a…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Top analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ of last 3 years
A leading Wall Street analyst says the wave of government layoffs driven by Elon Musk’s DOGE initiative—the so-called…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
Retail sales up 0.6% in August from July even as tariffs lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.com UK jobs market slows again as payrolls, wage growth…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
WASHINGTON (AP) — In a sign of how unusual this week’s Federal Reserve meeting is, the decision it…
U.S. Producer Inflation Posts Unexpected Drop in August
(MENAFN) U.S. producer prices posted an unforeseen monthly decline in August, signaling a potential easing in consumer inflation…
Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
US Fed expected to cut rates amid cooling labour market, surging inflation | Donald Trump News
New York, USA – Next week, the United States Federal Reserve will hold a two-day policy meeting to decide…
Jobless claims highest in 4 years as tariff-driven layoffs, price hikes wreak havoc on US workers
Unemployment documentation from Michigan and Nevada, 2025. More than 260,000 Americans filed initial unemployment claims last week, the…