US hits $38 trillion in gross national debt
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed…
Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says
WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve…
Treasury chief says wars and tariffs are harming the UK’s economic outlook
LIVERPOOL, England — Britain’s Treasury chief warned Monday that “harsh global headwinds” from wars in Ukraine and the…
US Stock Rally Cools as October Turbulence, Earnings Season Loom
US equities have defied virtually every warning in the past five months, clocking one of the best stretches…
Wall Street rises to its first gain in 4 days
NEW YORK (AP) — U.S. stocks climbed Friday and trimmed their losses for the week after a report…
Lessons From How the US Built a Manufacturing Base: New Economy
The New Economy Forum, Bloomberg’s flagship economic conference for global leaders, returns to Singapore this November for three…
Retail sales up 0.6% in August from July even as tariffs lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as…
Democrats push Senate vote to challenge Trump’s tariffs
WASHINGTON (AP) — Democrats are planning to force two Senate votes on President Donald Trump’s tariffs in the…
World shares mostly rise as a cut to US interest rates next week looks more certain
MANILA, Philippines (AP) — World shares mostly rose on Friday, tracking Wall Street’s record-setting run the previous day…
Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest…
Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
Wall Street rises to a record with hopes for cuts to interest rates
NEW YORK (AP) — U.S. stocks rose to a record on Thursday as Wall Street made its final…