Bank of England could be about to open the door to interest rate cuts
LONDON — The Bank of England is widely expected to hold interest rates steady at 5.25% on Thursday, but market…
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown…
White House touts highest consumer confidence in more than 2 years
The White House cheered the Conference Board report on Tuesday showing consumer confidence rising to its highest level in more…
IMF warns British government against more tax cuts
LONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as…
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…
Sen. Elizabeth Warren pushes Fed Chair Powell to cut ‘astronomical’ rates, ease housing pressure
Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates…
Workers are sour on the job market — but it may not be warranted
Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index…
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close.…
