Despite blockbuster earnings from giants such as Alphabet and Microsoft, layoffs continue to ripple through the…
Continue ReadingTag: Economy
‘We haven’t seen this kind of debt since the Napoleonic Wars’
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy…
Continue ReadingAll data shows inflation isn’t going away, making things tough on Fed
A customer shops for food at a grocery store on March 12, 2024 in San Rafael,…
Continue ReadingStocks making the biggest moves midday: MSFT, GOOGL, XOM, SNAP
Check out the companies making headlines in midday trading: Microsoft — Shares added 1.8% after the…
Continue ReadingU.S., China to hold first AI talks, TikTok stalemate ongoing
U.S. Secretary of State Antony Blinken waves as he prepares to depart Shanghai Hongqiao International Airport…
Continue ReadingKey Fed inflation measure rose 2.8%
Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve…
Continue ReadingTrump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Former US President Donald Trump speaks to members of the media at Manhattan criminal court in…
Continue ReadingSlowing growth plus stubborn inflation add up to a headache for Fed officials
The slowing growth and stubborn inflation picture emerging in the U.S. economy may not be quite…
Continue ReadingEconomy increased at a 1.6% rate
U.S. economic growth was much weaker than expected to start the year and prices rose at…
Continue ReadingGDP report Thursday likely to show economy still growing at solid pace
The U.S. economy likely expanded at a solid pace in the first three months of the…
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