Retail sales rose 0.6% in December, topping expectations for holiday shopping
Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a…
Corporate debt defaults soared 80% in 2023 and could be high again this year, S&P says
Corporate debt defaults soared last year and could be a problem again in 2024 as cash-strapped companies deal with the…
Fed’s Christopher Waller advocates moving ‘carefully’ with rate cuts
Federal Reserve Governor Christopher Waller acknowledged Tuesday that interest rate cuts are likely this year, but said the central bank…
Trump is a ‘transactional president’ but may not rock the boat on China, Standard Chartered CEO says
Former U.S. President Donald Trump would be a “transactional president” if he returns to power, but is unlikely to blow…
Germany skirts recession at the end of 2023 but faces prolonged slump
Europe’s largest economy contracted by 0.3% year-on-year in 2023, as high inflation and firm interest rates bit into growth, the Federal Statistical…
Deflation: Here’s where prices fell in December 2023, in one chart
As inflation continues to throttle back across the broad U.S. economy, some consumer categories have sunk into outright deflation. In…
Wholesale prices unexpectedly fall 0.1% in December in positive inflation sign
Wholesale prices unexpectedly declined in December, providing a positive signal for inflation, the Labor Department reported Friday. The producer price…
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
The U.S. government ran up another half a trillion dollars in red ink in the first quarter of its fiscal…
Here’s the inflation breakdown for December 2023 — in one chart
The annual inflation rate edged higher in December following two months of declines. However, that reversal likely isn’t cause for…
Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
Prices that consumers pay for a variety of goods and services rose more than expected in December, according to a…
