Breaking News: Economy

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…

Why dividend stocks should be a hot play into fall

It appears more investors are eyeing dividend stocks ahead of the Federal Reserve’s interest rate decision in September. Paul Baiocchi…

Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

Federal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact…

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…

Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole

For all the attention being paid to Federal Reserve Chair Jerome Powell’s policy speech Friday, the chances of it containing…

Philadelphia Fed President Harker advocates for interest rate cut in September

Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way…