Economy

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…

Financial crimes watchdog removes Turkey from money laundering ‘gray list’

The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on Friday…

Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says

In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are…

Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected

An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…