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Breaking News: Economy

177 posts
EEconomy
Treasury Secretary Bessent says GDP could take a hit from the government shutdown
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Treasury Secretary Bessent says GDP could take a hit from the government shutdown

  • October 2, 2025
Treasury Secretary Scott Bessent told CNBC’s on Thursday that U.S. economic growth could be hurt by the government…
EEconomy
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
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Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout

  • October 1, 2025
Private payrolls saw their biggest decline in 2½ years during September, a further sign of labor market weakening…
EEconomy
Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout
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Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout

  • September 30, 2025
Consumer confidence edged lower in September ahead of an expected data blackout caused by the looming federal government…
JJobs
Why the job market has weakened — and what to do about it
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Why the job market has weakened — and what to do about it

  • September 29, 2025
Jobseekers during a Hospitality House career fair in San Francisco on Aug. 13, 2025. David Paul Morris |…
EEconomy
Spectacular AI growth to spark serious jobs issue for Fed: Zervos
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Spectacular AI growth to spark serious jobs issue for Fed: Zervos

  • September 27, 2025
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will…
EEconomy
Jobless claims fall to 218,000, easing labor fears
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Jobless claims fall to 218,000, easing labor fears

  • September 25, 2025
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal…
MMarkets
Powell says slowing labor market prompted rate cut, sees 'challenging situation' ahead
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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

  • September 23, 2025
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…
EEconomy
OECD lifts U.S., global growth forecasts as economies surprise to the upside
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OECD lifts U.S., global growth forecasts as economies surprise to the upside

  • September 23, 2025
Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo…
MMarkets
Fed meeting today: Live updates
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Fed meeting today: Live updates

  • September 17, 2025
With Fed likely to cut, the big questions are: How deep a move? How divided a decision? With…
EEconomy
Sales of heavy trucks are falling like the U.S. is headed for a recession
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Sales of heavy trucks are falling like the U.S. is headed for a recession

  • September 17, 2025
Data tracking the sales volume of large trucks in the U.S. is flashing a warning sign about the…
EEconomy
Trump tariffs fueling inflation: congressional budget chief
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Trump tariffs fueling inflation: congressional budget chief

  • September 15, 2025
Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs appear to have pushed inflation up…
EEconomy
France's borrowing costs rise after Fitch downgrade
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France’s borrowing costs rise after Fitch downgrade

  • September 15, 2025
A protester brandishes a smoke flame by a barricade on fire during a demonstration part of the “Bloquons…
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