Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says
Federal Reserve Chairman Jerome Powell.Andrew Harnik | Getty ImagesThe U.S. Federal Reserve can afford to make a jumbo 50 basis ...
Tag: U.S. Economy
U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City.Michael ...
How China became the leading car supplier to Mexico and what it means for the U.S.
Blocked from the U.S. by tariffs, Chinese electric vehicle makers have looked elsewhere to sell their high-tech cars. But as ...
Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference
Federal Reserve Chair Jerome Powell delivers his keynote speech Friday morning at the central bank's annual retreat in Jackson Hole, ...
Here’s the deflation breakdown for July 2024 — in one chart
Fotostorm | E+ | Getty ImagesInflation cooled below 3% in July 2024, the first time it dropped beneath that level ...
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti ...
Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut
The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to ...
A ‘soft landing’ is still on the table, economists say
Traders on the floor of the New York Stock Exchange during afternoon trading on Aug. 02, 2024.Michael M. Santiago | ...
Here’s where the jobs are for July — in one chart
People walk through a Manhattan mall on July 05, 2024 in New York City.Spencer Platt | Getty Images News | ...
Here’s why you may get a smaller pay raise next year
Hinterhaus Productions | Stone | Getty ImagesMany workers will see their annual raise shrink next year as the job market ...
