Macroeconomic news — GDP, inflation, employment, and the indicators shaping economic policy.
Analysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged
Fed Chairman Christopher Warsh faces investor skepticism after the central bank left interest rates unchanged while long-term Treasury yields spiked s…
Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision
The U.S. government's borrowing costs have reached their highest level in two decades following the Federal Reserve's latest rate decision, signaling …
What to know about the Fed’s decision.
# Federal Reserve Holds Rates Steady Amid Economic Crosscurrents The Federal Reserve kept its benchmark interest rate unchanged at the latest policy …
Morning Bid: Bond markets doing the Fed’s work
# Bond Markets Doing the Fed's Work Bond markets are tightening financial conditions faster than the Federal Reserve needs to act, forcing policymake…
4 Takeaways From the Federal Reserve Meeting
The Federal Reserve held its benchmark interest rate at 4.25% to 4.5% at its latest meeting, keeping borrowing costs frozen as policymakers grapple wi…
Germany flash manufacturing PMI rises to 4-month high of 43.2
Germany's manufacturing sector showed modest recovery signs as the flash purchasing managers index climbed to 43.2 in December, reaching its highest l…
Trump Will End Subsidies for Medicare Drug Premiums
President Trump plans to eliminate federal subsidies that currently help Medicare beneficiaries afford prescription drug premiums, according to report…
Arabica Coffee Prices Hit Record on U.S., Colombia Tariff Spat
Arabica coffee futures surged to all-time highs as markets reacted to the resolution of trade tensions between the United States and Colombia. Preside…
Trump’s Trade Negotiator Doubles Down on Tariffs Before Global Duties Expire
Jamieson Greer, Trump's lead trade negotiator, reaffirmed the administration's commitment to tariffs before temporary duties expire following a Suprem…
Dollar hits one-month high on lingering chances of Fed hike
The U.S. dollar climbed to its highest level in a month as investors priced in continued uncertainty over Federal Reserve policy. The Dollar Index, wh…
RBA’s Bullock keeps door open to more rate hikes as inflation risks persist
Reserve Bank of Australia Governor Michele Bullock maintained hawkish messaging on interest rates Tuesday, signaling the central bank retains flexibil…
Dallas Fed Manufacturing: Improved Business Conditions In July
# Dallas Fed Manufacturing Survey Shows Improvement in July The Dallas Federal Reserve's manufacturing index rose in July, signaling renewed confiden…
Laredo’s Future Rides on Trump’s Next Trade Move
Laredo, Texas has become the unexpected beneficiary of the Trump administration's tariff policies, with the border city's economy surging as companies…
White House Cheers Inflation Data While Iran War Sparks New Price Surge
The White House celebrated June's consumer price data showing inflation cooling to 3 percent year-over-year, marking progress toward the Federal Reser…
China industrial profit growth slows again in June as retreating oil prices sap earnings lift
China's industrial profit growth decelerated in June, reversing momentum from the year's stronger earnings recovery. Corporate profits had surged into…
Trump to Impose 50% Tariff on Many Canadian Goods
The Trump administration plans to impose a 50% tariff on many Canadian goods, leveraging an untested legal provision to implement substantial duties o…
Trump Administration to Impose New Tariffs on Brazil
The Trump administration plans to impose fresh tariffs on Brazil, replacing duties the Supreme Court previously invalidated over unfair trade practice…
Australia to challenge Trump’s new 12.5% tariff, says PM Albanese
Australia's Prime Minister Anthony Albanese announced the country will formally challenge President Trump's newly imposed 12.5% universal tariff under…
Figuring Out The Fed
# Figuring Out The Fed The Federal Reserve faces mounting pressure to clarify its interest rate path as inflation data sends conflicting signals and …
Trump sued hours after new tariffs take effect, as experts say they may not hold up
Trump's new tariff regime faces immediate legal challenge. Hours after the administration imposed 25% duties on Brazilian imports and announced 50% ta…
A Global Economy Jolted by an Oil Shock Now Gets a Tariff Reminder
The global economy faces a dual shock: surging oil prices and the return of trade barriers. Oil breached $100 per barrel amid escalating tensions in t…
What's New This Tax Season That Can Save You Money
Tax season 2024 introduces several changes that reshape deduction strategies and filing requirements. The IRS has modified reporting thresholds for th…
Economy context
Macroeconomic news — GDP, inflation, employment, and the indicators shaping economic policy.