Breaking News: Economy
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Economy
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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Economy
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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Finance
Stocks making the biggest moves premarket: Carvana, Cloudflare, Pentair and more
Check out the companies making headlines before the bell. UniFirst – The stock tumbled more than 10% after Cintas terminated…
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Finance
Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a…
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Economy
Tax revenue collected by the IRS set to plummet, report says
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., February 16, 2025. Annabelle Gordon | Reuters…
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Economy
Investors’ optimism is growing around the UK economy as U.S.-EU trade disputes mount
LONDON — Some investors are expressing a growing optimism about the U.K.’s economic outlook despite the country’s long-standing structural weaknesses,…
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Finance
‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds
Investors may want to get back to the basics when it comes to navigating the stock market volatility. According to…
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Economy
Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are…
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Finance
Tariffs are ‘simply inflationary,’ economist says: Here’s how they fuel higher prices
Fang Dongxu/VCG via Getty Images There was an oft-repeated message in Federal Reserve chair Jerome Powell’s press conference on Wednesday:…
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Economy
Accenture is DOGE’s first corporate casualty as shares dive on warning contracts will be cut
Accenture signage is pictured in Warsaw, Poland, on Aug. 7, 2024. leksander Kalka | Nurphoto | Getty Images Shares of…
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