|
Sep 29, 2023
The personal consumption expenditures (PCE) price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain.
|
|
Sep 27, 2023
If Latinos were an independent country their GDP would rank fifth in the world, the study found.
|
|
Sep 27, 2023
The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to the former chairman of the agency's Sovereign Rating Committee.
|
|
Sep 26, 2023
"I am not sure if the world is prepared for 7%," he told The Times of India in an interview.
|
|
Sep 26, 2023
JPMorgan Chase & Co. CEO Jamie Dimon says geopolitics in light of Russia's invasion in Ukraine is the biggest risk is a much larger risk than high inflation or a U.S. recession.
|
|
Sep 25, 2023
Certain agricultural commodities have climbed in recent months, driven by weather-related damage around the globe and tighter supplies.
|
|
Sep 25, 2023
China's relationship with the European Union needs to change, as the bloc's trade chief asks for more openness and fairness from Beijing.
|
|
Sep 22, 2023
Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.
|
|
Sep 20, 2023
A looming government shutdown could prevent the Federal Reserve from raising rates in November, Bank of America says.
|
|
Sep 18, 2023
So far, the UAW stoppage has impacted just a small portion of the workforce with limited implications for the broader economy.
|
|
Sep 14, 2023
The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.
|
|
Sep 14, 2023
The new container ship has two engines: one moved by traditional fuels and another run with green methanol.
|
|
Sep 14, 2023
The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.
|
|
Sep 14, 2023
Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol.
|
|
Sep 13, 2023
The consumer price index was expected to increase 0.6% in August and 3.6% from a year ago, according to the Dow Jones consensus estimate.
|
|
Sep 11, 2023
Respondents indicating that the ability to get credit is harder now than it was a year ago rose to nearly 60%.
|
|
Sep 08, 2023
An analysis found hotels in states Swift visited did notably better than the national average.
|
|
Sep 08, 2023
An analysis found hotels in states Swift visited did notably better than the national average.
|
|
Sep 04, 2023
Italy's shock tax on banks continues to prove controversial, even as the government insists it can "improve" it.
|
|
Sep 01, 2023
The jobless rate ran higher overall but slid for Black workers.
|
|
Sep 01, 2023
Health care and social assistance was again the top area for job growth in August.
|
|
Sep 01, 2023
Nonfarm payrolls were expected to increase 170,000 in August, according to a Dow Jones consensus estimate.
|
|
Aug 31, 2023
Morgan Stanley sees a potential unwinding from these events, as well as the resumption of student loan payments, in the fourth quarter.
|
|
Aug 30, 2023
Economists surveyed by Dow Jones were expecting 200,000 jobs added in August.
|
|
Aug 21, 2023
The average "reservation wage," or the minimum acceptable salary offer to switch jobs, rose to $78,645 during the second quarter of 2023.
|
|
Aug 17, 2023
China's economic model is "washed up on the beach" and "not going to take off again," which will have a big impact on global markets, says veteran investor David Roche.
|
|
Aug 15, 2023
The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate
|
|
Aug 14, 2023
Friday figures showed Russia's GDP expanded by a yearly 4.9% in the second quarter.
|
|
Aug 14, 2023
Friday figures showed Russia's GDP expanded by a yearly 4.9% in the second quarter.
|
|
Aug 11, 2023
The producer price index rose 0.3% for the month, slightly higher than expectations.
|
|
Aug 10, 2023
The consumer price index in July was expected to rise 0.2% from the prior month and 3.3% from a year ago, according to Dow Jones.
|
|
Aug 10, 2023
The consumer price index in July was expected to rise 0.2% from the prior month and 3.3% from a year ago, according to Dow Jones.
|
|
Aug 10, 2023
Veteran economist Jim O'Neill says central banks will need to keep interest rates up around 5% across major economies for longer than the market expects, even as inflation subsides.
|
|
Aug 09, 2023
History has shown that inflation is stubborn and can last longer than expected.
|
|
Aug 08, 2023
Credit card debt 30 or more days late rose to 7.2% in the second quarter, up from 6.5% in Q1 and the highest rate since the first quarter of 2012.
|
|
Aug 04, 2023
Economists at the country's largest bank bailed on their recession call, joining a growing chorus that now thinks a contraction is no longer inevitable.
|
|
Aug 04, 2023
Nonfarm payrolls were expected to increase by 200,000 in July, according to the Dow Jones consensus estimate.
|
|
Aug 04, 2023
Americans are expected to spend a record amount of school supplies this year. They're feeling sticker shock as inflation continues to push up prices.
|
|
Aug 04, 2023
The jobless rate for Black workers fell to 5.8% in July, Labor Department data showed Friday.
|
|
Aug 04, 2023
The health care and social assistance category grew by 87,100 jobs last month, continuing a hot streak.
|
|
Aug 04, 2023
Nonfarm payrolls were expected to increase by 200,000 in July, according to the Dow Jones consensus estimate.
|
|
Aug 03, 2023
Wall Street expects that nonfarm payrolls increased by 200,000 in July, the smallest gain since December 2020
|
|
Aug 03, 2023
"It does not take a grand sovereign and analytics genius to understand that the fiscal profile of the U.S. is much worse than it has been," said Elliot Hentov.
|
|
Aug 02, 2023
Fitch Ratings' Richard Francis told CNBC that the rating agency would need to see a long-term fiscal solution and a reduction of its debt.
|
|
Aug 02, 2023
That total was well above the Dow Jones consensus estimate for 175,000, though it marked a decrease from the downwardly revised 455,000 in June.
|
|
Aug 02, 2023
Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States' long-term credit rating, but top economists say there is nothing to worry about.
|
|
Aug 01, 2023
Employment openings totaled 9.58 million for the month, edging lower from the downwardly revised 9.62 million in May.
|
|
Jul 31, 2023
The International Monetary Fund had dubbed Riyadh the fastest growing economy in the Group of 20 in 2022.
|
|
Jul 28, 2023
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely.
|
|
Jul 28, 2023
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely.
|
|
Jul 28, 2023
The Bank of Japan loosened its yield curve control in an unexpected move with ramifications across global financial markets.
|
|
Jul 27, 2023
Turkey's central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said in her debut news conference Thursday.
|
|
Jul 27, 2023
The European Central Bank on Thursday announced a new rate increase of 25 basis points, bringing its main rate to 3.75%
|
|
Jul 27, 2023
Gross domestic product was expected to increase at a 2% annualized pace in the second quarter.
|
|
Jul 25, 2023
The Chinese economy could be facing a period of lower growth, which may have global ramifications after 45 years of rapid expansion and globalization.
|
|
Jul 20, 2023
The system will be available 24 hours, seven days a week and is open to interested banks and credit unions.
|
|
Jul 19, 2023
U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually.
|
|
Jul 18, 2023
Michael S. Barr said AI technology has potential, but also can be used for nefarious means.
|
|
Jul 18, 2023
The investment bank, however, expects some deceleration in subsequent quarters as a result of sequentially slower real disposable personal income growth.
|
|
Jul 17, 2023
Despite recent signs that inflation is cooling, the fight to bring down the meteoric price increases of the past three years is far from over.
|
|
Jul 13, 2023
The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting a rise of 0.2%.
|
|
Jul 13, 2023
Central banks will "change the goalposts without really saying so," on monetary policy, according to veteran strategist David Roche.
|
|
Jul 12, 2023
The consumer price index was expected to increase 0.3% in June and 3.1% from a year ago.
|
|
Jul 10, 2023
Top Societe Generale economist Kokou Agbo-Bloua said: "The central banks need to trigger a recession ... but we're not there yet."
|
|
Jul 10, 2023
Heather Boushey is a member of President Joe Biden's Council of Economic Advisers.
|
|
Jul 07, 2023
Goolsbee said he's confident inflation can be tamed without a recession, even with additional rate increases likely.
|
|
Jul 07, 2023
The overall U.S. unemployment rate inched lower in June, but a negative trend in employment among Black workers may be developing.
|
|
Jul 07, 2023
Nonfarm payrolls were expected to increase by 240,000 and the unemployment rate to fall to 3.6% in June.
|
|
Jul 06, 2023
The consensus estimate is that payrolls rose by another 240,000 in June and the unemployment rate is projected to nudge lower to 3.6%.
|
|
Jul 06, 2023
The closely watched JOLTS report showed that listings fell to 9.82 million, down 496,000 from April.
|
|
Jul 06, 2023
The U.S. labor market showed no signs of letting up in June, as companies created far more jobs than expected.
|
|
Jul 06, 2023
The U.S. will enter a downturn in the fourth quarter, followed by a "year of contraction and a European recession in 2024," according to HSBC Asset Management.
|
|
Jul 04, 2023
In January, with one eye on a critical general election in 2024, U.K. Prime Minister Rishi Sunak vowed to halve inflation by the end of the year.
|
|
Jun 30, 2023
LGBTQ-owned businesses reported more rejections than non-LGBTQ businesses that applied for funding, according to a 2022 report.
|
|
Jun 30, 2023
The personal consumption expenditures price index excluding food and energy was expected to increase 0.3% in May and 4.7% from a year ago.
|
|
Jun 29, 2023
The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought.
|
|
Jun 27, 2023
The U.S. will enter a downturn in the fourth quarter, followed by a "year of contraction and a European recession in 2024," according to HSBC Asset Management.
|
|
Jun 27, 2023
Major central banks will have to hold rates high for much longer than some investors expect, the IMF's Gita Gopinath told CNBC Tuesday.
|
|
Jun 25, 2023
The corporate default rate is up and rising as interest rates remain elevated, making it more expensive for companies to refinance debt.
|
|
Jun 24, 2023
The corporate default rate is up and rising as interest rates remain elevated, making it more expensive for companies to refinance debt.
|
|
Jun 23, 2023
S&P Global's Chris Williamson described the numbers as "worrying" as the euro zone's flash composite PMI dropped to 50.3 in June.
|
|
Jun 20, 2023
The Bank of England is "caught between a rock and a hard place" as it prepares for a key monetary policy decision.
|
|
Jun 19, 2023
Economic freedom has been more elusive for Black people. Veteran portfolio manager Jim Casselberry is trying to do something about that.
|
|
Jun 19, 2023
The average two-year fixed rate rose above 6% on Monday as experts warned of chaos in a market with fewer available products.
|
|
Jun 19, 2023
Major central banks are taking very different approaches to monetary policy, as the global economy "is no longer synchronized," an expert said.
|
|
Jun 13, 2023
The consumer price index was expected to rise 0.1% in May, according to the Dow Jones consensus estimate.
|
|
Jun 13, 2023
The two-year gilt yield hit its highest level since late August 2008.
|
|
Jun 12, 2023
The consumer price index is expected to show that all-items inflation increased just 0.1% last month, equating to a 4% annual rate.
|
|
Jun 12, 2023
The Survey of Consumer Expectations for May showed one-year inflation expectations down 0.3 percentage point to a 4.1% rate.
|
|
Jun 08, 2023
Initial filings for unemployment benefits totaled a seasonally adjusted 261,000 for the week ended June 3, an increase of 28,000.
|
|
Jun 08, 2023
The euro zone entered a recession in the first quarter of this year and economists are not optimistic for the coming months.
|
|
Jun 06, 2023
Growth forecasts for advanced economies project just 0.7% increase this year, down from 2.6% estimated growth in 2022.
|
|
Jun 02, 2023
The U.S. unemployment rate rose overall in May, but declined for Latino workers, according to the latest nonfarm payrolls report.
|
|
Jun 02, 2023
Professional and business services led job creation for the month with 64,000 new hires.
|
|
Jun 02, 2023
Nonfarm payrolls were expected to increase by 190,000 in May, according to Dow Jones.
|
|
Jun 01, 2023
Economists surveyed by Dow Jones expect job growth in May of 190,000, a decline from the 253,000 in April.
|
|
Jun 01, 2023
The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well above expectations.
|
|
May 26, 2023
The core personal consumption expenditures price index was expected to increase 0.3% in April, according to a Dow Jones estimate.
|
|
May 26, 2023
A U.S. recession may prevent a steep market downturn in the second half of 2023, according to Michael Yoshikami, founder and CEO of Destination Wealth Management.
|
|
May 25, 2023
Whether it's personalized shopping or self-driving cars, AI will become a factor in virtually everyone's lives.
|
|
