US Housing Starts Fall From A 12-year High
U.S. homebuilding tumbled from a more than a 12-year high in September, but single-family home construction rose for a f... Read more
Fed's Evans Says No More Rate Cuts Are Needed Through 2020
The Chicago Fed president says that policy is probably appropriate given an economy that is softening but still in good ... Read more
US Retail Sales Unexpectedly Decline In A Sign That Consumer Economy Could Be Cracking
Retail sales dropped 0.3% last month as households cut back spending on motor vehicles, building materials, hobbies and ... Read more
Weekly Mortgage Refinance Applications Rise, Even As Home Purchase Demand Falls
Mortgage interest rates rose last week, but that didn't throw any cold water on the mini-refinance boom that's been goin... Read more
'Awfully High' Risks Of A Global Recession In The Next 12-18 Months, Moody's Chief Economist Says
"Even if we don't have a recession ... I think it's pretty clear that we're going to have a much weaker economy," says M... Read more
IMF Says Trade War Will Cut Global Growth To Lowest Since Financial Crisis A Decade Ago
The U.S.-China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the Inter... Read more
Fed's Bullard Warns Risks Remain High And US Economy May Slow More Sharply Than Expected
St. Louis Federal Reserve Bank President James Bullard said global trade and other risks remain high for a U.S. economy ... Read more
Larry Summers: US Economy Is Just One Bad Recession Away From Zero Rates Or Worse
"I fear that's what we're headed into" here in America, warns the former Treasury secretary. Read more
Millennials Are About To Trigger A Major 'changeover Point' For The US Economy, Asset Manager Says
U.S. adults aged between 21 and 38 years old will prioritize "necessity spending" over the next decade, Bill Smead told ... Read more
Do You Know What A Recession Is? Here's How We'll Know When The Next One Hits
Not all economists agree that GDP is the best way to measure the economy. Read more
US Weekly Jobless Claims Unexpectedly Fall
The number of Americans filing applications for unemployment benefits unexpectedly fell last week. Read more
US Consumer Prices Were Unchanged In September, The Weakest Reading Since January
U.S. consumer prices were unchanged in September and underlying inflation retreated. Read more
Market May Be Expecting More Rate Cuts Than The Fed Will Deliver, Meeting Minutes Show
The Fed's meeting minutes also showed that the trade war dragging down the economy was an overriding concern. Read more
Former Trump Campaign Advisor Stephen Moore: 'We Knew We Weren't Going To Get 5% Growth'
Former Trump campaign advisor Stephen Moore says President Donald Trump knew he couldn't achieve the 5% growth he promis... Read more
Weekly Mortgage Refinances Jump 10% As Rates Drop To The Lowest Level Since August
An unexpected decline in mortgage interest rates had homeowners calling their lenders last week, looking to save money o... Read more