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…
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back…
Watch Fed Chair Powell speak live during a policy forum in Washington
[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…
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…
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…
