Economy
-
U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll
Vithun Khamsong | Moment | Getty Images It is becoming harder for Americans to come up with money in case…
Read More » -
‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts
The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the…
Read More » -
Bank of America’s CEO says economic growth is ‘better than people think’ and the Fed should stay on hold
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid…
Read More » -
Bank of England expected to keep rates on hold amid headwinds it can’t fully predict or control
The Bank of England in London on Feb. 12, 2024. Henry Nicholls | Afp | Getty Images The Bank of…
Read More » -
Trump policies ‘promise’ an economic downturn, says prominent forecaster in first-ever ‘recession watch’
U.S. Vice President JD Vance (C) exits the Oval Office in the opposite direction as U.S. President Donald Trump and…
Read More » -
The Fed will update its rate projections Wednesday. Here’s what to expect
US Federal Reserve Chairman Jerome Powell reacts as he speaks during a news conference at the end of the two-day…
Read More » -
Retail sales increased 0.2% in February, though spending up less than expected
Consumers spent at a slower than expected pace in February, though underlying readings indicated that sales still grew at a…
Read More » -
OECD cuts U.S. and global economic outlooks as Trump’s trade tariffs weigh on growth
Undiscouraged by the rain, shoppers and visitors out on Oxford Street braving the bad weather from the latest storm using…
Read More » -
‘See you in four years’: Canada flexes economic muscle as tariff negotiations continue
A “Shop Canadian” sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. …
Read More » -
Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners
Ryan Christiansen, president and head distiller at Caledonia Spirits, giving a tour in Montpelier, VT. Courtesy: Ryan Christianse | Caledonia Spirits…
Read More »
