Breaking News: Economy

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…

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

The Olympic Games are causing a surge in prices, but French consumers aren’t likely to feel its pinch. Mega events…

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.…

A ‘soft landing’ is still on the table, economists say

Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting a 3% loss…