Economy The budget deficit is expanding, and interest payments on the national debt will exceed $1 trillion.businessinvestopedia.comSeptember 12, 2024
Fed Chairman Powell said keeping interest rates high for too long could jeopardize economic growth.By businessinvestopedia.comJuly 9, 20240 US Federal Reserve Chairman Jerome Powell made the remarks during a hearing of the Senate Committee on Banking, Housing and…
The unemployment rate rose in June for white, black and Hispanic women, while the unemployment rate fell for men in all three racial groups.By businessinvestopedia.comJuly 5, 20240 Job seekers attend the JobNewsUSA.com South Florida Job Fair at Amerant Bank Arena on June 26, 2024 in Sunrise, Florida.Joe…
The number of private sector employees in June increased by just 150,000, below expectations.By businessinvestopedia.comJuly 3, 20240 Private payroll growth fell slightly in June, signaling a possible slowdown in the U.S. labor market, according to a report…
Powell said the Fed has made “significant progress” on inflation but needs more credibility before cutting rates.By businessinvestopedia.comJuly 2, 20240 Federal Reserve Chairman Jerome Powell announces that interest rates will remain unchanged during a press conference at the Federal Reserve…
New AI-powered index measures U.S. economic growth more broadlyBy businessinvestopedia.comJuly 1, 20240 Zeta Global Holdings CEO David A. Steinberg at the New York Stock Exchange.Source: NYSEMeasuring the strength of the expanding US…
FATF removes Turkey from money laundering ‘grey list’By businessinvestopedia.comJune 28, 20240 As the sun sets, a ferry glides across the waters of the Golden Horn, with the Suleymaniye Mosque and the…
The Federal Reserve’s inflation reading is out on Friday. What to expectBy businessinvestopedia.comJune 27, 20240 People buy drinks at a store on a hot afternoon in Brooklyn, New York, on the first day of summer,…
Trade tensions aside, Chinese companies focus on U.S. market: surveyBy businessinvestopedia.comJune 26, 20240 GP: American flag and Chinese flagMatt Anderson Photo | Moment | Getty ImagesA recent survey of Chinese companies based in…
Housing market to remain ‘stagnant’ through at least 2026: Bank of AmericaBy businessinvestopedia.comJune 25, 20240 According to Bank of America economists, the housing market is unlikely to recover for the next few years, and home…
Bank of England Interest Rate Decision June 2024By businessinvestopedia.comJune 20, 20240 Panoramic view of the Bank of England building in London. Sopa Images | LightRocket | Getty ImagesLONDON — The Bank…
