Economy


Fed Chair Powell Says Chinese And European Economies Have Slowed 'substantially'

AMERICA - Published date: .

Weakening Chinese and European economies are acting as a deterrent to U.S. growth, Federal Reserve Chairman Jerome Powel... Read more

Fed Gives Market What It Wanted — It's Ending Its Balance Sheet Reduction In September

AMERICA - Published date: .

The Fed's program to reduce the bonds it holds on its balance sheet will end in six months, a move scrutinized by financ... Read more

Fed Holds Line On Rates, Says No More Hikes Ahead This Year

AMERICA - Published date: .

In a unanimous move, the central bank's policymaking committee took a sharp dovish turn from policy projections just thr... Read more

The Market Could Be Setting Itself Up For A Letdown From Wednesday's Fed Decision

AMERICA - Published date: .

Should the policymaking Federal Open Market Committee not deliver on market expectations, the result may not be pretty. Read more

US Economic Growth Is Likely To Slow Sharply This Year And Next, According To CNBC's Fed Survey

AMERICA - Published date: .

The average forecast for GDP growth this year is just 2.3 percent because of the trade battle and slowing global growth,... Read more

White House Touts Trump's Economic Policies, Warns Against 'Medicare-for-all' And Wealth Tax

AMERICA - Published date: .

The Council of Economic Advisors says Trump's tax cuts led to millions receiving bonuses and cautions that progressive p... Read more

'The One Report That Everyone In Washington Watches' Just Showed A Big Gain In Job Openings

AMERICA - Published date: .

Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fil... Read more

US Manufacturing Output Falls For A Second Straight Month

AMERICA - Published date: .

U.S. manufacturing output fell for a second straight month in February. Read more

New Home Sales Drop 6.9% In January, In Sign Govt Shutdown May Have Hurt Buying

AMERICA - Published date: .

Sales of new U.S. homes slumped 6.9 percent in January. Read more

US Import Prices Rose More Than Expected In February As Fuel Prices Surge

AMERICA - Published date: .

Prices of imported goods rose more than expected in February, boosted by a jump in fuel costs. Read more

US Weekly Jobless Claims Increase More Than Expected

AMERICA - Published date: .

The jobless data suggested the labor market was slowing, but probably not to the extent implied by a near-stall in job g... Read more

No-deal Brexit Rejected By MPs: What Does This Mean?

Hedge Fund - Published date: .

After rejecting Prime Minister's Brexit plan twice, the British Parliament on Wednesday voted to reject a no deal Brexit... Read more

US Wholesale Inflation Remained Tame In February

AMERICA - Published date: .

U.S. wholesale prices barely increased last month after falling for three straight months, a sign there is little inflat... Read more

Orders For Big-ticket Factory Goods Rose A Modest 0.4% In January

AMERICA - Published date: .

Orders to U.S. factories for big-ticket manufactured goods edged up slightly in January, but the strength came from a bi... Read more

US Consumer Prices Rise For The First Time In 4 Months

AMERICA - Published date: .

U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, result... Read more

The Changing Environment In Engineering Spurred Me To Recession-proof Myself

FinTech - Published date: .

Robert Garvey joined Interxion Ireland in 2015 and is now a senior site electrical engineer with the organisation. Garv... Read more

US Retail Sales Edge Up In January, But December Is Revised Sharply Lower

AMERICA - Published date: .

U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretiona... Read more

Fed Chair Powell: 'The Law Is Clear,' Trump Can't Fire Me

AMERICA - Published date: .

Fed Chairman Jerome Powell tells "60 Minutes" that President Trump cannot remove him from office. Read more

Stalled Out Job Growth Could Be Warning Of Slowdown But No Signal Of Recession

AMERICA - Published date: .

February's job growth slowed to a crawl, but it is temporarily sluggish growth and not a sign of recession. Read more

Larry Kudlow Says The Weak Jobs Report Is 'very Fluky,' And He Wouldn't Pay Attention To It

AMERICA - Published date: .

Kudlow's comments came after the Labor Department's employment report showed U.S. job growth came to a near halt in Febr... Read more