Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
Economists Expect a September Rate Cut. Here's What Fed Officials Are Saying
By
Terry Lane
Published Aug 15, 2024
An employee works on new Ford F-150 trucks as they go through the assembly line at the Ford Dearborn Plant
Here's Why Manufacturing Was Down in July
By
Terry Lane
Published Aug 15, 2024
Homes under construction at the Pulte Homes Ascent at Montelena development in Rancho Cordova, California, US, on Monday, July 22, 2024.
High Mortgage Rates Kept Dragging Down Homebuilder Confidence In August
By
Diccon Hyatt
Published Aug 15, 2024
A customer looks at vehicles for sale at an AutoNation Toyota dealership in Hayward, California, US, on Monday, June 24, 2024.
Retail Sales Surprisingly Jumped in July
By
Diccon Hyatt
Published Aug 15, 2024
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange
What Latest Inflation Data Says About How Much the Fed Will Cut Interest Rates
By
Terry Lane
Published Aug 15, 2024
woman shopping online for Bitcoin on website with laptop and credit card
People Are Growing More Concerned About Paying Their Debts
By
Elizabeth Guevara
Published Aug 14, 2024
Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023.
Why Mortgage Demand Has Surged to Its Highest Level Since Early 2023
By
Terry Lane
Published Aug 14, 2024
A suburban neighborhood
Rising Housing Costs Cast a Shadow On a Sunny Inflation Outlook
By
Diccon Hyatt
Published Aug 14, 2024
People shop at a grocery store in Brooklyn on July 11, 2024 in New York City.
Inflation Slowed More Than Expected in July, Setting The Stage For Fed Rate Cuts
By
Diccon Hyatt
Updated Aug 14, 2024
Customers using self service check out express lane at Target store, Queens, New York.
What to Expect from This Week's Closely Watched Retail Sales Report
By
Terry Lane
Published Aug 13, 2024
A family moving into an apartment
A Cooling Housing Market Is Pushing Down Inflation. Here's Why That's Important
By
Diccon Hyatt
Published Aug 13, 2024
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a Bloomberg Television interview in Atlanta, Georgia, US, on Friday, Nov. 3, 2023.
This Fed Official Says Rate Cuts Are ‘Coming’—But He Needs More Data to Be Sure
By
Terry Lane
Published Aug 13, 2024
An image of President Biden and former President Trump on a screen during the debate in June.
Why Last Month's Surge in Small-Business Optimism Could Be Short-Lived
By
Diccon Hyatt
Published Aug 13, 2024
A worker in a warehouse moves a refrigerator in a box.
What a Surprising Drop in Wholesale Inflation May Mean For a Potential Fed Rate Cut
By
Terry Lane
Published Aug 13, 2024
An oil pump jack is shown in a field in Nolan, Texas.
IEA Says Global Oil Demand To Slow, Dragged by China
By
Nisha Gopalan
Published Aug 13, 2024
A customer shops for dairy products at a supermarket in Manhattan on July 11, 2024 in New York City.
What to Expect From This Week's Consumer Price Inflation Report
By
Terry Lane
Published Aug 12, 2024
Busy Self checkout vs busy cashier check out at Target Store, Queens, New York.
4 Questions With An Economist: What Consumer Sentiment Says About the Economy
By
Terry Lane
Published Aug 11, 2024
A Red Lobster restaurant in Alexandria, Virginia, US, on Friday, June 7, 2024. Seafood restaurant chain Red Lobster, which filed for bankruptcy last month, will be in bankruptcy court on June 14.
What Do Chain Restaurant Closures Say About the Economy?
By
Diccon Hyatt
Published Aug 10, 2024
Thomas Barkin, president of the Federal Reserve Bank of Richmond, during an interview in New York, US, on Thursday, Feb. 8, 2024.
Fed Official Says Economy Showing Strength, No Need to Rush Interest Rate Cut
By
Terry Lane
Published Aug 08, 2024
The headquarters of home mortgage financial services company Freddie Mac
Mortgage Rates Haven’t Been This Low in More Than a Year, Freddie Mac Says
By
Terry Lane
Published Aug 08, 2024
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida
Weekly Jobless Claims Fall as Labor Market Resilience Continues
By
Terry Lane
Published Aug 08, 2024
A person holds their smartphone to a digital card reader.
Consumer Borrowing Points to Spending Slowdown
By
Terry Lane
Published Aug 07, 2024
couple discussing paperwork and looking at a tablet with a professional
Homeowners Rush To Refinance As Mortgage Rates Drop
By
Terry Lane
Published Aug 07, 2024
container ship sits docked at the Port of Oakland on June 07, 2023
US Trade Deficit Narrows as Domestic Consumer Demand Slows
By
Terry Lane
Published Aug 06, 2024
People shop at a supermarket in Foster City, California, the United States, Jan. 11, 2024
A Majority of Americans Mistakenly Believe the US Economy is in a Recession
By
Elizabeth Guevara
Published Aug 06, 2024
Mary Daly, president of the Federal Reserve Bank of San Francisco, during the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San Francisco in San Francisco, California, US, on Friday, March 29, 2024. I
Fed’s Daly Says Central Bank Must Ensure Labor Slowdown Doesn't Become Downturn
By
Terry Lane
Published Aug 05, 2024
Barista/bartenders working at a store counter.
Services Sector Data a Bright Spot Amid Recent Concerns About US Economy
By
Terry Lane
Published Aug 05, 2024
A shopper carries Target and H&M bags in San Francisco, California, US, on Thursday, July 25, 2024.
Goldman Analysts Say Chance of US Recession in 2025 Has Risen to 25%
By
Andrew Kessel
Published Aug 05, 2024
Chicago Fed President Austan Goolsbee speaks during the Midwest Agriculture Conference at the Federal Reserve Bank of Chicago on Nov. 28, 2023.
Fed’s Goolsbee Says Central Bank Would Respond if Economic Conditions Warrant
By
Terry Lane
Published Aug 05, 2024
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago
The Fed May Need to Turn Focus to Labor Market, Says Chicago Fed's Goolsbee
By
Terry Lane
Published Aug 02, 2024
Federal Reserve Chairman Jerome Powell takes a question from a reporter at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Powell spoke to members of the media after the Federal Reserve held short-term interest rates where they are with broad expectations that the rate with drop in September.
Unemployment Uptick May Pressure Fed To Cut Interest Rates Aggressively
By
Diccon Hyatt
Published Aug 02, 2024
Boeing 777 freighters and 777X are built at the Everett Production Facility on June 26, 2024 in Everett, Washington.
June Factory Orders Fall As Demand For Aircrafts Plummets
By
Terry Lane
Published Aug 02, 2024
Job seekers speak with prospective employers during a City of Los Angeles career fair
US Unemployment Rate Rises to Highest Level Since 2021
By
Diccon Hyatt
Updated Aug 02, 2024
A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024.
New Signs of Weakening Economy Heighten Concerns About High Interest Rates
By
Diccon Hyatt
Published Aug 01, 2024
"Now Hiring" Sign
The Job Market Is Weakening, Says Yet Another Report
By
Terry Lane
Published Aug 01, 2024
Assembly line
Productivity Gains Add To Case for Rate Cuts
By
Terry Lane
Published Aug 01, 2024
Andrew Bailey, governor of the Bank of England (BOE), center, Katie Martin, head of media and stakeholder engagement at the Bank of England, right, and Clare Lombardelli, deputy governor for monetary policy at the Bank of England (BOE), left, during the Monetary Policy Report news conference at the bank's headquarters in the City of London, UK, on Thursday, Aug. 1, 2024.
How a Rate Cut by the Bank of England Could Influence the US Economy
By
Terry Lane
Published Aug 01, 2024
A man uses a credit card at the Pike Place Market in Seattle.
The Rate Cuts the Fed is Signaling Can't Come Soon Enough for Consumers
By
Elizabeth Guevara
Published Aug 01, 2024
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Powell spoke to members of the media after the Federal Reserve held short-term interest rates where they are with broad expectations that the rate with drop in September.
Fed Chair Powell Opens the Door For Lower Interest Rates in September
By
Diccon Hyatt
Published Jul 31, 2024
The Federal Reserve building in Washington
Fed Holds Interest Rate Steady, Stays On Course For September Cut
By
Diccon Hyatt
Published Jul 31, 2024
A "We're Hiring" sign that hangs on their front door of a store
Slow Hiring Begets Slower Wage Growth in the Second Quarter
By
Terry Lane
Published Jul 31, 2024
Hiring sign
Jobs Data Shows Hiring, Wage Growth Slowing
By
Terry Lane
Published Jul 31, 2024
A home for sale in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024.
Mortgage Demand Dips as Fewer Seek Refinancing
By
Terry Lane
Published Jul 31, 2024
An illustration shows people meeting around a table that looks like the Federal Reserve crest.
The Fed's Two-Day Policy Meeting Started Tuesday—Here's What You Need To Know
By
Taylor Tompkins
Published Jul 30, 2024
A worker in an office
Hiring and Firing Slowed to A Crawl in June
By
Diccon Hyatt
Published Jul 30, 2024
People at a job fair in Sunrise, Floa., in June.
Consumers' Views on the Current and Future Economy Are Aligning. Why That May Be Bad
By
Terry Lane
Published Jul 30, 2024
Attendees shake hands at a Veteran Employment and Resource Fair in Long Beach, California, US, on Tuesday, Jan. 9, 2024.
The Job Market Is Getting Tougher—Especially For Recent College Grads
By
Elizabeth Guevara
Published Jul 29, 2024
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Washington event in Washington, DC, US, on Monday, July 15, 2024.
What To Expect on Interest Rates From This Week’s Fed Meeting
By
Diccon Hyatt
Updated Jul 29, 2024
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Washington event in Washington, DC, US, on Monday, July 15, 2024.
Markets Are Betting On Steep Fed Rate Cuts. Will They Be Right For Once?
By
Diccon Hyatt
Published Jul 29, 2024
Woman scanning item at self service checkout, Walmart megastore, North Carolina.
US Consumers Are Increasingly ‘Tapped Out’
By
Terry Lane
Published Jul 27, 2024
Shoppers view shoes at a Sketchers retail store at the Barton Creek Square Mall on July 16, 2024 in Austin, Texas.
US Consumer Sentiment Declines As Low Earners Become More Concerned
By
Terry Lane
Published Jul 26, 2024
Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.
Why The Fed May Need You To Stop Spending So Much Money
By
Taylor Tompkins
Published Jul 26, 2024
An illustration shows various facets of the economy.
US Economy News Today: Consumer Sentiment at Lowest Point Since Last Year
By
Taylor Tompkins
Updated Jul 26, 2024
People shop at a supermarket in Foster City, California, the United States, Jan. 11, 2024.
Slowly And Steadily, the Federal Reserve Is Making Progress on Inflation
By
Taylor Tompkins
Published Jul 26, 2024
A Boeing 777 (front) and a 787-9 Dreamliner are under production at the Boeing Everett Production Facility in Everett, Washington, on June 26, 2024.
How Aircraft Orders Are Keeping the Economy From Gliding
By
Terry Lane
Published Jul 25, 2024
People walk past a Lululemon department store on June 05, 2024 in New York City
Will the US Economy Be Able to Sustain Robust Growth the Rest of 2024?
By
Taylor Tompkins
Published Jul 25, 2024
An illustration shows hands holding money, a grocery card, a capitol building and a windmill.
US Economic Growth Reaccelerated in the Second Quarter, GDP Figures Show
By
Diccon Hyatt
Published Jul 25, 2024
An illustration shows various facets of the economy.
US Economy News Today: The Economy Grew More Than Expected in the Second Quarter
By
Taylor Tompkins
Updated Jul 25, 2024
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024. Powell said "more good data" would strengthen confidence that inflation is moving down toward the US central bank's 2% target, and recent readings point to "modest further progress" on prices.
A Fed Rate Cut Appears Imminent—Not Everyone Thinks It's the Right Time
By
Diccon Hyatt
Published Jul 25, 2024
A home for sale in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024. The National Association of Realtors is scheduled to release existing homes sales figures on June 21.
New-Home Sales Stall Despite Highest For-Sale Supply In 16 Years
By
Diccon Hyatt
Published Jul 24, 2024