Economy
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Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows
A shopper pays with a credit card at the farmer’s market in San Francisco, California, US, on Thursday, March 27,…
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Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller than…
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#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
For economists, harbingers of a recession can include a slowdown in consumer spending and rising unemployment. For the chronically online,…
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Trump’s tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
The White House’s protectionist policies could hit the U.S. harder than Europe in the short term, Banco Santander‘s executive chair…
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Trump’s tariffs are making the ECB’s interest rate path ‘more complicated,’ policymaker says
U.S. President Donald Trump’s tariff policies are making the path ahead for European Central Bank interest rates “more complicated,” according…
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Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
Treasury Secretary Janet Yellen speaking with CNBC’s Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8th, 2024.…
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Treasury Department is set to lay off a ‘substantial’ number of employees, official says
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025. Mandel Ngan | AFP…
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British businesses pile on the pressure on U.K. Financial Minister Reeves ahead of budget update
Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London,…
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Consumer confidence in where the economy is headed hits 12-year low
Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.…
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The probability of a recession is approaching 50%, Deutsche markets survey finds
U.S. dollar banknotes and a label with the word “Recession” are seen in this illustration taken March 19, 2025. Dado…
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