1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
Threat of stagflation bears down on world’s largest economy as Federal Reserve decision looms
The US Federal Reserve — the world’s largest central bank — is now less than 24 hours from…
Bank of Japan set to hold rates steady even as inflation remains high
The Bank of Japan is expected to sit tight at its two-day policy meeting this week due to…
Spain Economy to Grow More Strongly in 2025, New Forecasts Show
Spain’s government and central bank raised their economic-growth forecasts for 2025, cementing the country’s status as the region’s…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.comUK pay growth stays high – but Britons are feeling…
Gold Rises Above $3,700 for First Time on Fed Rate Cut Optimism
Gold hit a fresh record as investors bet on a US Federal Reserve rate cut this week and…
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…
Why after Trump tariffs, the US and world economy are still holding up
New York: At the start of this year, there was consensus among economists, bankers, investors and business community…
The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
WASHINGTON (AP) — In a sign of how unusual this week’s Federal Reserve meeting is, the decision it…
Markets Gear Up for Series of Fed Cuts With Bullish Bets at Risk
A key question for investors this week is whether Federal Reserve officials push back against market bets on…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…
World Economy Latest: Jobs Revisions, Steady Inflation Seal Fed Rate Cut
A record downward revision to annual US job growth, paired with no surprises in the latest inflation data,…