Economy
U.S. growth forecast cut sharply by OECD as Trump tariffs...
The U.S. economy is now expected to expand by just 1.6% in 2025, while the global...
Euro zone inflation falls to cooler-than-expected 1.9%...
Economists polled by Reuters had been expecting the May reading to come in at 2%,...
Job openings showed surprising increase to 7.4 million...
Employers increased job openings more than expected in April while hiring and layoffs...
Trump clears Nippon merger with U.S. Steel
President Joe Biden blocked Nippon Steel from purchasing U.S. Steel for $14.9 billion...
Musk says Trump's big bill undermines DOGE; president counters...
Musk criticized President Donald Trump's signature spending bill that recently passed...
Credit default swaps are back in fashion — even if the...
The cost of insuring exposure to U.S. government debt has been rising steadily this...
Trade deficit fell by a record amount in April as demand...
Following a record-breaking surge in the trade imbalance, the deficit slid to $61.6...
Corporate layoffs have ramped up in recent weeks. Here...
Many companies lumped layoffs in with larger cost-cutting strategies. Some have...
Friday's jobs report likely will show hiring cooled in...
Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm...
The world could be facing another ‘China shock,’ but it...
A new round of "China shock" appears to be under way as Beijing doubles down on...
Russia lowers interest rates to 20% in first cut since...
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects...
U.S. payrolls increased 139,000 in May, more than expected;...
Nonfarm payrolls were expected to increase 125,000 in May while the unemployment...
U.S. budget deficit hit $316 billion in May, with annual...
The U.S. government drifted further into red ink during May, with a burgeoning debt...
Vance joins Trump in bashing Powell, says Fed committing...
President Donald Trump and Vice President JD Vance are now double-teaming the Fed...
U.S. inflation rises 0.1% in May from prior month, less...
The consumer price index was expected to rise 0.2% in May, with a 12-month inflation...
