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  Category: Economy

Economy

Economy

Weak manufacturing measures raise specter of U.S. economic slowdown

September 4, 20240

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.&nb...

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Economy

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

September 2, 20240

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor market data sparked a reasses...

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Economy

The Fed’s preferred inflation indicator is out Friday. Here’s what to expect

September 1, 20240

A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia.Sha Hanting | China News Service | Getty ImagesFederal Reserve offici...

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Economy

The Fed’s favorite inflation indicator increased 0.2% in July, as expected

August 31, 20240

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest ra...

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Economy

Nonfarm payroll growth revised down by 818,000, Labor Department says

August 29, 20240

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wed...

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Economy

Increased sausage demand could be worrying signal on the economy

August 27, 20240

A meat counter showing a variety of sausages at a Fred Meyer grocery store, a sub of Kroger, in Palmer, Alaska.Michael Siluk | UCG | Universal Im...

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Economy

A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist

August 25, 20240

An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Getty ImagesContrary to what many bel...

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Economy

No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy

August 24, 20240

Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia is moving full steam ahead with its focus on domestic investment — and with that...

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Economy

U.S. job growth revised down by the most since 2009. Why this time is different

August 23, 20240

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...

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Economy

Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay

August 21, 20240

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedl...

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