Economy The budget deficit is expanding, and interest payments on the national debt will exceed $1 trillion.businessinvestopedia.comSeptember 12, 2024
Two important inflation reports this week will help determine the size of the Fed’s rate cutsBy businessinvestopedia.comSeptember 10, 20240 People shop at a store in Brooklyn, New York on August 14, 2024. Spencer Pratt | Getty ImagesThe Federal Reserve…
Jamie Dimon said the “worst-case outcome is stagflation,” and he wouldn’t rule that scenario out.By businessinvestopedia.comSeptember 10, 20240 Jamie Dimon, Chairman and CEO of JPMorgan Chase (JPM), speaks at the Economic Club of Manhattan, New York City, USA,…
Draghi calls for radical reform of European Union, requiring an extra 800 billion euros per year in spendingBy businessinvestopedia.comSeptember 9, 20240 Italian Prime Minister Mario Draghi during a press conference at the Prime Minister’s Office Multipurpose Hall on July 12, 2022…
Saudi investment minister encourages green shoring as path to diversificationBy businessinvestopedia.comSeptember 8, 20240 Saudi Arabia’s Minister of Investment Khalid Al Falih during the Bloomberg New Economy Forum in Singapore, Wednesday, Nov. 8, 2023.…
EU economy survived ‘dire prophecies’ and now faces trade challenges with China: EU’s GentiloniBy businessinvestopedia.comSeptember 7, 20240 The European Union has successfully avoided the “dire prophecies” that have threatened its economy in recent years but still must…
Unemployment rate for black workers fell in AugustBy businessinvestopedia.comSeptember 6, 20240 Attendees learn about job opportunities in California during a City Career Fair hiring event on June 5, 2024, in Sacramento,…
August 2024 Employment Report:By businessinvestopedia.comSeptember 6, 20240 The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowdown in the labor market and also…
Friday’s August jobs report will be big news. What to expectBy businessinvestopedia.comSeptember 5, 20240 Andreypov | Istock | Getty ImagesWall Street is preparing for the Labor Department’s jobs report on Friday, one of the…
Private payrolls rose by 99,000 in August, the smallest increase since 2021 and well below expectations, ADP said.By businessinvestopedia.comSeptember 5, 20240 Private sector payrolls grew at the slowest rate in three and a half years in August, according to ADP, a…
Bond market yield curve normalizes after inversion that sparked recession fearsBy businessinvestopedia.comSeptember 4, 20240 A trader signals a sell in the Standard & Poor’s 500 stock index futures trading pit at the CME Group…
