Breaking News: Economy

Trump tariffs likely to lead to higher U.S. interest rates: IIF chief

Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…

GPC, GM, VZ, PM and more

Check out the companies making headlines in midday trading. Genuine Parts – Shares fell about 20% on the back of…

IMF hikes UK growth outlook amid lower inflation and interest rates

General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty…

Global fight against inflation ‘almost won’ but risks are rising: IMF

Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces…

BA, KVUE, HUM, LUV and more

Check out the companies making headlines before the bell. Kenvue – The consumer health company jumped more than 8% after…

Why inflation may look like it’s easing but is still a huge problem

A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.  Brandon Bell |…

U.S. deficit tops $1.8 trillion in 2024

The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden…

ELV, TSM, EXPE, LCID and more

Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health…

Retail sales rose 0.4% in September, better than expected; jobless claims dip

Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve,…

Stocks making the biggest moves premarket: MS, CSCO, ASML

Check out the companies making headlines before the bell: Cisco Systems — The networking technology stock added nearly 2% on…