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  Category: Economy

Economy

Economy

Retail sales fell 0.9% in May, worse than expected, as consumers pulled back

June 20, 20250

Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer spending pulled back sharply in M...

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Economy

The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect

June 18, 20250

Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 0...

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Economy

UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher

June 16, 20250

LONDON, UNITED KINGDOM - MARCH 26, 2025: Britain's Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of the announcement o...

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Economy

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

June 14, 20250

A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia.Sha Hanting | China News Service | Getty ImagesConsumers in the early par...

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Economy

Here are the three reasons why tariffs have yet to drive inflation higher

June 13, 20250

Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread fears to t...

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Economy

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

June 12, 20250

The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023.Saul Loeb | Afp | Getty ImagesThe U.S. government drif...

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Economy

CEO recession expectations decline from April scare, survey says

June 10, 20250

Alexander Spatari | Moment | Getty ImagesBusiness leaders are walking back recessionary expectations for the U.S. that initially spiked in the af...

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Economy

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%

June 8, 20250

Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the Bureau of Lab...

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Economy

Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect

June 6, 20250

A "We're Hiring" sign at a NC Department of Adult Correction booth at a job and resource fair hosted by the Asheville Area Chamber of Commerce in...

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Economy

Job openings showed surprising increase to 7.4 million in April

June 4, 20250

Employers increased job openings more than expected in April while hiring and layoffs also both rose, according to a report Tuesday that showed a...

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