UK economy expands 0.6% in second quarter; June growth stalls
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday,…
Annual inflation rate slows to 2.9% in July, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department…
Wholesale inflation measure rose 0.1% in July, less than expected
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…
Three-year inflation outlook hits record low in New York Fed consumer survey
Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to…
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate…
Trump says he should get a say on Federal Reserve interest rate decisions
Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its…
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.…
No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…
