Economy

Weak manufacturing measures raise specter of U.S. economic slowdown

U.S. factories remained in slowdown mode in August, fueling fears about where the economy is headed, according to separate manufacturing…

The Fed’s favorite inflation indicator increased 0.2% in July, as expected

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…

Euro zone inflation falls to 3-year low of 2.2%, backing September rate cut case

Euro zone inflation dropped to a three-year low of 2.2% in August, flash figures from statistics agency Eurostat showed Friday,…

The Fed’s preferred inflation indicator is out Friday. Here’s what to expect

Federal Reserve officials will get the latest look at their favorite inflation indicator Friday, a data snapshot that could influence…

Increased sausage demand could be worrying signal on the economy

An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with…

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for…

A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist

Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a…

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…