Economy

Economist El-Erian says the Fed has turned into a play-by-play commentator

The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief…

Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says

Decades of trade deficits and a strong dollar created too many “losers” in the U.S. economy who turned to Donald…

‘Biggest mistake’ bond investors may make ahead of Fed rate cuts

Investors may want to stick with fixed income investments — possibly even adding to them — despite the Federal Reserve’s…

Job gains expected again in March. Here are all the things to look for in Friday’s report

The March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the…

Watch Fed Chair Powell speak live at Stanford policy conference economic forum

[The stream is slated to start at 12:10 p.m. ET. Please refresh the page if you do not see a…

Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates

Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of…

Private payrolls increased by 184,000 in March, better than expected, ADP says

Private sector job growth expanded in March at its fastest pace since July 2023, indicating continuing buoyance in the U.S.…