Economy

Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting

Federal Reserve Chair Jerome Powell expressed satisfaction Tuesday with the progress on inflation over the past year but said he…

Watch Fed Chair Powell, ECB’s Lagarde speak live at central bank policy forum

[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a…

Euro zone inflation eases to 2.5% as core print misses estimate

Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the…

A new index is using AI tools to measure U.S. economic growth in a broader way

Measuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in…

Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks…