Latest Economics News
Markets are now wondering whether the Fed might cut by half a point in September
With Federal Reserve Chair Jerome Powell all but…
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi…
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
An Aldi supermarket in Alhambra, California, US, on…
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than…
U.S. job growth revised down by the most since 2009. Why this time is different
People line up as they wait for the…
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for…
Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay
Job seekers attends the JobNewsUSA.com South Florida Job…
Here’s how a week’s worth of huge economic news will affect the Fed’s decision-making
The past week's data deluge left behind a…
Egg prices are rising once again as bird flu limits supply
Luke Sharrett/Bloomberg via Getty ImagesEgg prices are climbing,…
Consumer spending jumped in July as retail sales were up 1%, much better than expected
Consumer spending held up even better than expected…