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Business
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Economy
6/14/2023 11:32:40 AM
The Federal Reserve will announce Wednesday if it will press ahead with an 11th straight interest rate hike to tackle high inflation or skip an increase to give policymakers more time to take stock of the US economy.
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Business
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Economy
5/14/2023 9:34:55 PM
President Joe Biden's administration again warned Sunday of "catastrophic" consequences for the US economy including huge job losses if the country defaults, as negotiations to forge a debt deal are expected to resume this coming week.
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Business
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Markets & Companies
4/5/2023 11:09:04 AM
Asian shares were trading mixed Wednesday following a decline on Wall Street after reports on the U.S. economy came in weaker than expected.
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Business
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Economy
2/28/2023 6:28:16 PM
For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflation was steadily slowing from painful heights. And growth and hiring remained surprisingly sturdy despite ever-higher interest rates imposed by the Federal Reserve.
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World
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International
2/8/2023 6:23:56 PM
Europe's stock markets rose but Wall Street opened lower on Wednesday as investors digested President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.
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Business
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Markets & Companies
2/3/2023 8:02:50 PM
Wall Street's rally hit a wall after a shocking jobs report showed the U.S. economy created a third of a million more jobs last month than expected, fueling worries about inflation and higher interest rates.
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Business
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Economy
12/7/2022 3:17:41 PM
Major stock markets suffered more selling Wednesday on growing fears that Federal Reserve monetary tightening will tip the US economy into recession.
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Business
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Economy
11/30/2022 7:27:58 PM
Despite high interest rates and chronic inflation, the U.S. economy grew at a 2.9% annual rate from July through September, the government said Wednesday in a healthy upgrade from its initial estimate.
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World
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COP 21
11/29/2022 9:42:33 PM
Congressional leaders expressed support Tuesday for quickly ending a threatened rail workers' strike that could sow chaos in the US economy.
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Business
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Economy
10/27/2022 6:57:09 PM
The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy's health has emerged as a paramount issue.
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World
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International
10/5/2022 11:19:04 AM
Asian investors joined their Wall Street and European counterparts in an equity buying spree Wednesday as more data pointing to weakness in the US economy further fanned hopes the Federal Reserve could temper its rate hike campaign.
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World
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International
9/14/2022 10:29:30 AM
lostWorld markets slipped on Wednesday after Wall Street fell the most since June 2020 as a report showed inflation has kept a surprisingly strong grip on the U.S. economy.
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Business
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Economy
9/13/2022 3:26:15 PM
Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.
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Business
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Economy
7/26/2022 9:14:27 PM
By one common definition, the US economy is on the cusp of a recession. Yet that definition isn't the one that counts.
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Business
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Economy
7/26/2022 6:25:47 PM
The United States has only a slim chance of avoiding an economic downturn given the many risks it faces, the IMF said Tuesday.
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Business
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Economy
3/16/2022 8:58:23 PM
The Federal Reserve escalated its battle against the wave of prices increases battering the US economy on Wednesday by raising the benchmark interest even as it acknowledged the risk posed by the war in Ukraine.
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World
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International
1/17/2022 5:50:21 PM
The US economy ``has never worked fairly for Black Americans or, really, for any American of color,'' Treasury Secretary Janet Yellen said in a speech delivered Monday, one of many by national leaders acknowledging unmet needs for racial equality on Martin Luther King Day.
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World
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International
5/6/2021 10:29:57 AM
'I think we have to be very careful about exactly what the nature is of that investment,' Blinken told the BBC in an interview
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World
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International
4/2/2021 5:25:05 PM
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World
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International
1/22/2021 1:00:55 PM
Nearly 10 million jobs have been lost since last February, and nearly 30 million households lack secure access to food
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