Economy The budget deficit is expanding, and interest payments on the national debt will exceed $1 trillion.businessinvestopedia.comSeptember 12, 2024
How the week’s biggest economic news stories will affect Fed decision-makingBy businessinvestopedia.comAugust 17, 20240 Last week’s deluge of data left some clear impressions: inflation is trending upwards, the labor market looks OK if not…
Consumer spending surges more than expectedBy businessinvestopedia.comAugust 15, 20240 Consumer spending held firmer than expected in July as inflationary pressures showed signs of easing, the Commerce Department said Thursday.Retail…
UK Q2 GDPBy businessinvestopedia.comAugust 15, 20240 The UK economy grew 0.6% in the second quarter of this year, continuing its cautious recovery from recession, the Office…
Annual inflation slows to 2.9%, the lowest since 2021By businessinvestopedia.comAugust 14, 20240 The Labor Department reported on Wednesday that inflation rose as expected in July due to rising housing costs, making interest…
Wednesday’s CPI report could signal a change in Fed thinkingBy businessinvestopedia.comAugust 13, 20240 Product prices seen at Walmart. Provided by: WalmartTuesday’s news was good for inflation, and investors are hoping for an even…
New York Fed survey of consumers finds three-year inflation outlook hits lowest on recordBy businessinvestopedia.comAugust 12, 20240 People shop at a grocery store in Brooklyn, New York on July 11, 2024.Spencer Pratt | Getty ImagesConsumers became more…
Taylor Swift says Europe’s inflation surge is linked to Olympics: UBSBy businessinvestopedia.comAugust 11, 20240 A panoramic view of the Eiffel Tower, decorated with the Olympic rings and the flags of the participating countries, from…
President Trump says he should have a say in Federal Reserve interest rate decisionsBy businessinvestopedia.comAugust 9, 20240 Republican presidential candidate and former President Donald Trump held a press conference at his Mar-a-Lago resort in Palm Beach, Florida,…
Jeremy Siegel Withdraws Call for Emergency Fed Rate CutBy businessinvestopedia.comAugust 8, 20240 Jeremy SiegelScott Mullin | CNBC Wharton professor Jeremy Siegel doesn’t think it’s important for the Fed to make emergency interest…
Weekly jobless claims fall to 233,000, lower than expected, a positive sign for the labor marketBy businessinvestopedia.comAugust 8, 20240 New claims for jobless benefits last week came in lower than expected, offsetting other signs of a weakening labor market.The…
