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  Category: Economy

Economy

Economy

UK economy expands 0.6% in second quarter; June growth stalls

August 19, 20240

A guided tour in the center of in York, UK, on Friday, June 7, 2024.Bloomberg | Bloomberg | Getty ImagesThe U.K. economy grew by 0.6% in the seco...

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Economy

Egg prices are rising once again as bird flu limits supply

August 18, 20240

Luke Sharrett/Bloomberg via Getty ImagesEgg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned n...

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Economy

Consumer spending jumped in July as retail sales were up 1%, much better than expected

August 16, 20240

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported ...

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Economy

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

August 14, 20240

Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even better Wedn...

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Economy

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

August 12, 20240

A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the Place du Trocadero ahead ...

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Economy

Trump says he should get a say on Federal Reserve interest rate decisions

August 10, 20240

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in ...

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Economy

Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

August 9, 20240

Jeremy SiegelScott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it's vital for the Federal Reserve to implement an emergen...

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Economy

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

August 8, 20240

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand remains robust, the com...

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Economy

‘The summer job is back’: Teens enter the labor force as employers dish out higher wages, perks

August 6, 20240

A lifeguard works at the beach at Coney Island on June 15, 2023 in the Brooklyn borough of New York City.Spencer Platt | Getty ImagesDailey Jogan...

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Economy

Jobless rates fall in July for Asian Americans, bucking the overall trend

August 4, 20240

A sign for a health-care career fair at Cape Fear Community College in Wilmington, North Carolina, on Feb. 28, 2023.Allison Joyce | Bloomberg | G...

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