Economy

bg
WEF president:  'We haven't seen this kind of debt since the Napoleonic Wars'

WEF president: 'We haven't seen this kind of debt since...

Borge Brende, president of the World Economic Forum, gave a stark outlook for the...

bg
UK economy posts 0.1% growth in February in further sign of recession rebound

UK economy posts 0.1% growth in February in further sign...

The U.K. economy fell into a recession last year but showed slight growth in January.

bg
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

Jamie Dimon warns that inflation, wars and Fed policy pose...

Taken together, Dimon said the three issues pose substantial unknowns.

bg
BlackRock's Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal

BlackRock's Larry Fink sees Fed cutting rates twice this...

The head of the world's largest money manager said it's unlikely the central bank...

bg
Beyoncé bounce: Western boot sales jump more than 20% week over week since 'Cowboy Carter' launch

Beyoncé bounce: Western boot sales jump more than 20% week...

The iconic shoe is getting a lift from Beyoncé's latest album.

bg
Consumer prices rose 3.5% from a year ago in March, more than expected

Consumer prices rose 3.5% from a year ago in March, more...

The consumer price index in March was expected to increase 3.4% from a year ago,...

bg
WTO forecasts rebound in global trade but keeps geopolitical risks in focus

WTO forecasts rebound in global trade but keeps geopolitical...

The World Trade Organization said Wednesday that it expects global trade to rebound...

bg
Hot inflation data pushes market’s rate cut expectations to September

Hot inflation data pushes market’s rate cut expectations...

March's consumer price index release Wednesday helped verify worries that inflation...

bg
Wholesale prices rose 0.2% in March, less than expected

Wholesale prices rose 0.2% in March, less than expected

The producer price index was expected to increase 0.3% in March, according to the...

bg
European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty

European Central Bank gives strong signal that cuts are...

The euro zone's central bank held interest rates steady for a fifth straight meeting.

bg
Something strange has been happening with jobless claims numbers lately

Something strange has been happening with jobless claims...

For five of the past six weeks, the level of initial jobless filings totaled exactly...

bg
All the data so far is showing inflation isn't going away, and is making things tough on the Fed

All the data so far is showing inflation isn't going away,...

The last batch of inflation news that Federal Reserve officials will see before...

bg
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

Key Fed inflation measure rose 2.8% in March from a year...

The core personal consumption expenditures price index was expected to increase...

bg
Slowing growth plus stubborn inflation add up to a headache for Fed officials

Slowing growth plus stubborn inflation add up to a headache...

The data spell at least a mild stagflationary environment that will make policymaking...

bg
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations

GDP growth slowed to a 1.6% rate in the first quarter,...

Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted...

bg
GDP increased at a 1.6% rate in the first quarter, less than expected

GDP increased at a 1.6% rate in the first quarter, less...

Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted...