Breaking News: Economy

Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools

Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on…

France’s political chaos casts long shadow over economic growth

A pedestrian crosses a flooded street following heavy rainfall in Paris on October 17, 2024. Joel Saget | Afp |…

Job openings jumped and hiring slumped in October, key labor report for the Fed shows

Available jobs rose in October while hiring fell during a month in which payrolls growth hit its lowest level in…

Fed’s Waller ‘leaning toward’ a rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024.…

Stocks making the biggest moves premarket: GAP, TSLA, STLA

Check out the companies making headlines before the bell. Gap — The clothing retail stock jumped 4.7% after JPMorgan upgraded…

MSTR, AMAT, HOOD and more

Check out the companies making headlines before the bell. MicroStrategy – Shares of the bitcoin development company jumped more than…

Mexico warns Trump tariffs would kill 400,000 U.S. jobs, threatens retaliation

Mexican President Claudia Sheinbaum speaks after reading a letter to be sent to U.S. President-elect Donald Trump, warning that tariffs…

These economists say AI can improve the fiscal health of the U.S.

Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit?…

PCE inflation October 2024:

Inflation edged higher in October as the Federal Reserve is looking for clues on how much it should lower interest…

DELL, ADSK, WDAY and more

Check out the companies making headlines in after-hours trading. Ambarella – Shares of the semiconductor design company soared 20% on…