Federal Reserve Predicts High Inflation Will Persist for More than Seven Years Post-Pandemic
Michael Nagle / Bloomberg via Getty Images The Federal Reserve’s latest set of projections foresees inflation as measured…
Agribusiness executive Hayley Gourley appointed to the Reserve Bank’s Monetary Policy Committee
“Hayley Gourley brings extensive experience across corporate, rural, and financial services sectors to the role,” Willis said. “Her…
Top analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ of last 3 years
A leading Wall Street analyst says the wave of government layoffs driven by Elon Musk’s DOGE initiative—the so-called…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
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…
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…
Bond Traders Boost Bets on Half-Point Fed Rate Cuts by Year-End
Bond traders are stepping up options wagers that the Federal Reserve will deliver at least one half-point interest-rate…
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…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.comUK jobs market slows again, offering some inflation relief to…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
Employers added 73,000 jobs in July, falling short of forecasts
Employers across the U.S. added 73,000 jobs in July, a slowdown from previous months and a sign the…
Sticky Inflation, Softer Jobs — Macro Headwinds Stir BTC Tailwinds
Bitcoin BTC$115,872.21 is about 4% higher than it was a week ago—good news for the digital asset but…