Breaking News: Economy

Fed meeting and inflation report both hit Wednesday, and the impact could be huge

Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…

Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse

The main passageway into the Baltimore port was fully restored after the March 26 collapse of the Francis Scott Key…

Here’s where the jobs are for May 2024 — in one chart

Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing…

Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles

Russian President Vladimir Putin said Friday that nearly 40% of the country’s trade turnover is now in rubles as the…

U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%

The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market…

War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine

Russia’s annual economic forum in St. Petersburg used to be known as the country’s “Davos” in a nod to the…

The low-end consumer ‘is really being stretched,’ says Five Below CEO

While inflation is showing signs of easing, consumers in the country may still be feeling its effects for quite some…