Economic events

Trump’s 10% credit card interest cap could hurt borrowers, experts say: ‘Access to credit would dry up’

Former President Donald Trump has made headlines over the past week with yet another surprise economic policy announcement. After promising…

China stimulus calls are growing louder — inside and outside the country

BEIJING — More economists are calling for China to stimulate growth, including those based inside the country. China should issue…

Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’

As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio…

Powell downplays impact of rate cut on Trump-Harris presidential race

Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have a limited effect on the presidential…

Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris…

Presidential debate crib sheet: U.S. economy numbers to know

When Vice President Kamala Harris and former President Donald Trump take the debate stage in Philadelphia on Tuesday night, expect…

Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs

Treasury Secretary Janet Yellen sought to reassure the public on Saturday that the U.S. economy remains strong, despite a string…

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend…