Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy. Data released Friday ...
US consumers unexpectedly pulled back on spending on goods like cars in January amid extreme winter weather, and a slowdown ...
Such a scenario entails high inflation and low economic growth, two things that don't normally go hand in hand. Stagflation ...
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
Federal job cuts are unlikely to dent the labor market. Instead, they have hurt consumer confidence and spending.
A string of recent US data showing resurgent inflation and slowing activity is stoking fears the world’s biggest economy ...
The Atlanta Fed’s GDPNow model on Friday lowered its forecast for the U.S. economy to a contraction at a 1.5% annual rate.
The S&P 500 closed 1.6 per cent higher, reversing losses earlier in the session and trimming its decline in February to 1.4 per cent. The tech-heavy Nasdaq Composite index closed 1.6 per cent higher ...
In the bond market, Treasury yields sank again following the data on consumer spending and inflation. The yield on the 10-year Treasury fell to 4.20% from 4.26% late Thursday. It’s down sharply from ...
The latest reading from the Atlanta Fed's widely followed GDPNow indicator has just been published, and it appeared to ...
Bond yields surged as President Donald Trump entered the Oval Office amid fears his economic agenda would prove inflationary.