Something strange has been happening with jobless claims numbers lately
Calling the state of the U.S. jobs market these days stable seems like an understatement considering the latest data coming…
Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’
One of the International Monetary Fund’s top economists signals little risk of a global recession, despite the ongoing rumblings of…
High company valuations a ‘worry,’ IMF’s capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF’s…
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on…
IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven “surprisingly resilient” despite…
U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says
The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon…
Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn’t deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department…
Surging inflation fears sent markets tumbling and Fed officials scrambling
The early data is in for the path of inflation during the first three months of 2024, and the news…
Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter’ launch
Western boots have a new protector in Beyoncé. The country fashion staple’s sales surged more than 20% in the week…
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
BlackRock CEO Larry Fink predicted Friday that the Federal Reserve likely will still cut interest rates this year but won’t…
