Economy The budget deficit is expanding, and interest payments on the national debt will exceed $1 trillion.businessinvestopedia.comSeptember 12, 2024
Weak manufacturing data raises concerns about slowing U.S. economyBy businessinvestopedia.comSeptember 3, 20240 Workers assemble the second-generation R1 vehicle at electric vehicle maker Rivian’s manufacturing plant in Normal, Illinois, USA, on June 21,…
The Federal Reserve’s preferred inflation gauge rose 0.2% in July, as expected.By businessinvestopedia.comAugust 30, 20240 Inflation rose slightly in July, according to the Federal Reserve’s preferred measure, as the central bank prepares to cut interest…
Eurozone inflation, August 2024By businessinvestopedia.comAugust 30, 20240 A woman takes a selfie with the Eiffel Tower in the background on Rue de Surcouf in Paris on July…
The Fed’s favorite inflation gauge is out on Friday. What to expectBy businessinvestopedia.comAugust 29, 20240 Customers shop at a supermarket in Arlington, Virginia, on August 14, 2024. Sha Han Ting | China Newspaper | Getty…
The Fed will now focus on the jobs part of its mission, and for good reason.By businessinvestopedia.comAugust 28, 20240 Federal Reserve officials have made it clear that they are turning at least equal concern to unemployment, rather than focusing…
Rising demand for sausages could be a sign of concern for the economyBy businessinvestopedia.comAugust 26, 20240 A variety of sausages are on display in the meat section of a Kroger-owned Fred Meyer grocery store in Palmer,…
Markets are now worried that the Fed could cut rates by half a percentage point in September.By businessinvestopedia.comAugust 23, 20240 With Federal Reserve Chairman Jerome Powell effectively acknowledging that a rate cut is imminent, market attention on Friday quickly shifted…
Saudi Arabia’s spending adopts a clear shift in strategyBy businessinvestopedia.comAugust 23, 20240 Riyadh, Saudi Arabia.Xavier Nau | E+ | Getty ImagesSaudi Arabia’s focus on inward investment has led to stricter requirements for…
Labor Department lowers nonfarm payroll growth by 818,000By businessinvestopedia.comAugust 21, 20240 The U.S. Labor Department said Wednesday that the U.S. economy added 818,000 fewer jobs in the 12 months ending in…
Goldman Sachs lowers chance of US recession to 20% based on latest dataBy businessinvestopedia.comAugust 19, 20240 A customer shops for groceries at a Walmart store in Secaucus, New Jersey, USA, Tuesday, March 5, 2024.Gabby Jones |…
