Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.
Signage in the produce section of the Target Corp. flagship store in Edina, Minnesota, US, on Thursday, Sept. 5, 2024. Signage in the produce section of the Target Corp. flagship store in Edina, Minnesota, US, on Thursday, Sept. 5, 2024.
What To Expect From Wednesday's Closely Watched Report On Inflation
By
Diccon Hyatt
Published Sep 09, 2024
Fed Chair Jerome Powell speaks in Washington, D.C. Fed Chair Jerome Powell speaks in Washington, D.C.
Fed Chair Powell Doesn't Need a Unanimous Vote to Cut Rates—But He May Want One
By
Terry Lane
Published Sep 09, 2024
A "For Sale" sign in front of a home in San Jose, California, US, on Thursday, Sept. 5, 2024. A "For Sale" sign in front of a home in San Jose, California, US, on Thursday, Sept. 5, 2024.
Mortgage Rates and Prices Are Falling. People Still Aren't Happy About the Housing Market
By
Elizabeth Guevara
Published Sep 09, 2024
Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024. Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024.
Donald Trump Laid Out His Economic Plan This Week—What You Need to Know
By
Terry Lane
Published Sep 06, 2024
An illustration shows hands holding money, a grocery card, a capitol building and a windmill. An illustration shows hands holding money, a grocery card, a capitol building and a windmill.
Does Job Market Weakness Signal a Recession is Coming? What Economists Say
By
Diccon Hyatt
Updated Sep 06, 2024
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
Here's What Federal Reserve Officials Said After Friday's Jobs Report
By
Terry Lane
Published Sep 06, 2024
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC.
How Will Friday's Jobs Report Affect The Fed's Decision on Interest Rate Cuts?
By
Diccon Hyatt
Updated Sep 06, 2024
A construction worker takes a quick break while digging a trench with a shovel amidst a heat wave in Irvine Thursday, Sept. 5, 2024 A construction worker takes a quick break while digging a trench with a shovel amidst a heat wave in Irvine Thursday, Sept. 5, 2024
Hiring Bounced Back In August, But Not Enough To Erase Fears Of Weakening Job Market
By
Diccon Hyatt
Published Sep 06, 2024
Hiring sign Hiring sign
Why Labor Market Data Has Become The Focus For Investors And The Fed
By
Diccon Hyatt
Published Sep 05, 2024
The sun flares over the headquarters of the U.S. Treasury On January 3, 2024 in Washington, DC. A statue of former Secretary of the Treasury Albert Gallatin sits in the courtyard. The sun flares over the headquarters of the U.S. Treasury On January 3, 2024 in Washington, DC. A statue of former Secretary of the Treasury Albert Gallatin sits in the courtyard.
The Yield Curve Righted Briefly This Week. What Does That Say About Recession Fears?
By
Elizabeth Guevara
Published Sep 05, 2024
A utility line worker is visible Thursday, July 11, 2024, using a chain saw to clear branches from a power line after a large Chinaberry tree fell from the yard of Wendy Morgan in Galveston, Texas. A utility line worker is visible Thursday, July 11, 2024, using a chain saw to clear branches from a power line after a large Chinaberry tree fell from the yard of Wendy Morgan in Galveston, Texas.
What To Expect From Friday's Jobs Report
By
Diccon Hyatt
Updated Sep 05, 2024
A hiring sign in the Soho neighborhood of New York, US, on Saturday, Aug. 10, 2024. A hiring sign in the Soho neighborhood of New York, US, on Saturday, Aug. 10, 2024.
Private Employment Growth Slowed in August, Adding To Signs Of Weakening Job Market
By
Diccon Hyatt
Published Sep 05, 2024
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
Economic Growth is Cooling, But Jobs Market Remains Stable, Fed Report Shows
By
Terry Lane
Published Sep 04, 2024
Wide shot of businessman working on computer at workstation in empty office Wide shot of businessman working on computer at workstation in empty office
Job Seekers Found Fewer Opportunities In July As Labor Market Cooled
By
Diccon Hyatt
Published Sep 04, 2024
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. The Federal Reserve chair last week suggested the US central bank is inclined to hold interest rates steady again at its next meeting while leaving open the possibility of a future hike if policymakers see further signs of resilient economic growth. The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. The Federal Reserve chair last week suggested the US central bank is inclined to hold interest rates steady again at its next meeting while leaving open the possibility of a future hike if policymakers see further signs of resilient economic growth.
This Federal Reserve Official Says The Central Bank Shouldn't Wait ‘Too Long’ to Cut Rates
By
Terry Lane
Published Sep 04, 2024
An empty warehouse space is ready for a new occupant to use. An empty warehouse space is ready for a new occupant to use.
Manufacturing Struggles Persist Under High Interest Rates
By
Terry Lane
Published Sep 03, 2024
Supermarket Supermarket
Sentiment Improves as Inflation Loosens Grip on Consumers in August
By
Terry Lane
Published Aug 30, 2024
A worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024. A worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024.
Fed's Preferred Measure of Inflation Reinforces Likelihood of September Rate Cuts
By
Taylor Tompkins
Updated Aug 30, 2024
A shopper inside a Dollar General Market store in Saddlebrook, New Jersey A shopper inside a Dollar General Market store in Saddlebrook, New Jersey
Dollar General Spotted a Spending Trend That Points Toward 'Struggling' US Consumers
By
David Marino-Nachison
Published Aug 29, 2024
Construction at the site of Micron Technology Inc.'s new high volume 600,000 square foot semiconductor factory in Boise, Idaho. Construction at the site of Micron Technology Inc.'s new high volume 600,000 square foot semiconductor factory in Boise, Idaho.
Why US Factory Construction Is at Its Highest Level in Half a Century
By
Aaron McDade
Published Aug 29, 2024
A customer shops in a Lowe's home improvement store on August 20, 2024 in Los Angeles, California. A customer shops in a Lowe's home improvement store on August 20, 2024 in Los Angeles, California.
What To Expect From Tomorrow's Report On Inflation
By
Diccon Hyatt
Updated Aug 29, 2024
A Lululemon store in New York, US, on Thursday, Aug. 22, 2024. A Lululemon store in New York, US, on Thursday, Aug. 22, 2024.
The Economy Was Healthier in the Second Quarter Than Previously Thought
By
Diccon Hyatt
Published Aug 29, 2024
A home for sale sign in front of a house in Huntington Beach. A home for sale sign in front of a house in Huntington Beach.
Lower Mortgage Rates Didn't Entice Buyers Last Week. What Are They Waiting For?
By
Terry Lane
Published Aug 28, 2024
A woman watches TV on a couch while eating popcorn near a fireplace. A woman watches TV on a couch while eating popcorn near a fireplace.
Cooler Spending On This Popular Service Might Be a Sign of Increasing Consumer Caution
By
David Marino-Nachison
Published Aug 27, 2024
Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023. Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023.
This Coming Change Could Unlock the U.S. Housing Market
By
Elizabeth Guevara
Published Aug 27, 2024
A "Now Hiring" sign at an Advance Auto Parts store in San Leandro, California A "Now Hiring" sign at an Advance Auto Parts store in San Leandro, California
Consumers Are Gaining Confidence In All Economic Areas But This One
By
Terry Lane
Published Aug 27, 2024
A real estate sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. A real estate sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024.
Home Prices Hit Another Record High, But the Increases Are Decelerating
By
Diccon Hyatt
Published Aug 27, 2024
Coco Gauff, left, and Novak Djokovic. Coco Gauff, left, and Novak Djokovic.
The US Open Starts Today—Here's How Its Record Prize Haul Stacks Up to Other Grand Slams
By
Andrew Kessel
Published Aug 26, 2024
Boeing 777 freighters and 777X are built at the Everett Production Facility on June 26, 2024 in Everett, Washington. Boeing 777 freighters and 777X are built at the Everett Production Facility on June 26, 2024 in Everett, Washington.
Aircraft Lifted Durable Goods Orders In July
By
Diccon Hyatt
Published Aug 26, 2024
Customer's shop for groceries at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Customer's shop for groceries at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024.
Economists Have Been Predicting a Spending Slowdown—These Retailers Don't See It
By
Elizabeth Guevara
Published Aug 24, 2024
Completed and under construction new homes at a site in Trappe, Maryland. Completed and under construction new homes at a site in Trappe, Maryland.
New Home Sales Grew at a Surprising Rate in July
By
Elizabeth Guevara
Published Aug 23, 2024
Illustration of various items that depict the economy, including a hand holding dollar bills, a farm and a grocery cart. Illustration of various items that depict the economy, including a hand holding dollar bills, a farm and a grocery cart.
Why Some Economists Are Ignoring Recession Signals
By
Diccon Hyatt
Published Aug 23, 2024
Side-by-side photos of Republican presidential candidate Donald Trump and Democratic candidate Kamala Harris speaking at campaign rallies. Side-by-side photos of Republican presidential candidate Donald Trump and Democratic candidate Kamala Harris speaking at campaign rallies.
What Economists Love and Hate About the Harris and Trump Economic Plans
By
Diccon Hyatt
Published Aug 23, 2024
Jerome Powell, chairman of the US Federal Reserve arrives to a dinner at the Jackson Lake Lodge during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 22, 2024. Jerome Powell, chairman of the US Federal Reserve arrives to a dinner at the Jackson Lake Lodge during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 22, 2024.
Powell Confirms Federal Reserve Pivot To Rate Cuts At Jackson Hole
By
Diccon Hyatt
Updated Aug 23, 2024
Grand Teton National Park during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 22, 2024. Grand Teton National Park during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 22, 2024.
Jackson Hole Symposium Starts Today—What Fed Watchers Are Looking For
By
Taylor Tompkins
Published Aug 22, 2024
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee meeting on the floor of the New York Stock Exchange. A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee meeting on the floor of the New York Stock Exchange.
What to Expect From Federal Reserve Chair Powell's Jackson Hole Speech Friday?
By
Colin Laidley
Published Aug 22, 2024
The US Department of Labor Building on March 26, 2020, in Washington, DC. The US Department of Labor Building on March 26, 2020, in Washington, DC.
Jobless Claims Rose Slightly. Here's Why It Won't Move the Unemployment Rate Much
By
Terry Lane
Updated Aug 22, 2024
A "For Sale" sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. A "For Sale" sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024.
July Existing Home Sales Edged Up From Near Rock Bottom
By
Diccon Hyatt
Published Aug 22, 2024
An illustration shows people meeting around a table that looks like the Federal Reserve crest. An illustration shows people meeting around a table that looks like the Federal Reserve crest.
Federal Reserve Meeting Minutes Show Increasing Support for Interest Rate Cuts
By
Terry Lane
Published Aug 21, 2024
An employee works in the Kawasaki factory in Lincoln, Nebraska, on May 13, 2024. An employee works in the Kawasaki factory in Lincoln, Nebraska, on May 13, 2024.
The Job Market Last Year Wasn't As Hot As Everyone Thought
By
Diccon Hyatt
Published Aug 21, 2024
A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023. With US mortgage rates rising to 15-year highs hovering around 7.2% to start the post-Labor Day period, the difference between new 30-year home loan rates and on all outstanding US mortgage debt has not been this wide since the 1980s. A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023. With US mortgage rates rising to 15-year highs hovering around 7.2% to start the post-Labor Day period, the difference between new 30-year home loan rates and on all outstanding US mortgage debt has not been this wide since the 1980s.
Mortgage Applications Decline on Dip in Refinancing
By
Terry Lane
Published Aug 21, 2024
Federal Reserve governor Michelle Bowman speaks during a Fed Listens event in Washington, DC, on March 22, 2024. Federal Reserve governor Michelle Bowman speaks during a Fed Listens event in Washington, DC, on March 22, 2024.
Fed Officials Not Signaling Interest Rate Cuts Yet
By
Terry Lane
Published Aug 20, 2024
'Now Hiring' sign 'Now Hiring' sign
More Workers Are Seeking New Jobs as Wage Dissatisfaction Grows
By
Terry Lane
Published Aug 20, 2024
President of the European Central Bank Christine Lagarde (L), Bank of Japan Gov. Kazuo Ueda (C), and chair of the Federal Reserve Jerome Powell (R) speak in front of the Tetons during the Jackson Hole Economic Symposium at Jackson Lake Lodge on August 25, 2023 near Jackson Hole, Wyoming. President of the European Central Bank Christine Lagarde (L), Bank of Japan Gov. Kazuo Ueda (C), and chair of the Federal Reserve Jerome Powell (R) speak in front of the Tetons during the Jackson Hole Economic Symposium at Jackson Lake Lodge on August 25, 2023 near Jackson Hole, Wyoming.
The Jackson Hole Economic Symposium Starts This Week—Here's What You Need to Know
By
Terry Lane
Published Aug 19, 2024
Federal Reserve Chairman Jerome Powell takes a question from a reporter at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Federal Reserve Chairman Jerome Powell takes a question from a reporter at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC.
What To Expect From Federal Reserve Chair Powell's Speech at Jackson Hole Friday
By
Diccon Hyatt
Published Aug 19, 2024
Democratic U.S. presidential candidate Vice President Kamala Harris speaks on her policy platform, including improving the cost of living for all Americans, at the Hendrick Center For Automotive Excellence on August 16, 2024 in Raleigh, North Carolina. Democratic U.S. presidential candidate Vice President Kamala Harris speaks on her policy platform, including improving the cost of living for all Americans, at the Hendrick Center For Automotive Excellence on August 16, 2024 in Raleigh, North Carolina.
Here's What's In Kamala Harris's Economic Plan
By
Diccon Hyatt
Updated Aug 19, 2024
A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia.
Lower Inflation Has Consumers Feeling Better About Economy
By
Terry Lane
Published Aug 16, 2024
Townhomes under construction are seen in a new development in Brambleton, Virginia on August 14, 2024. Townhomes under construction are seen in a new development in Brambleton, Virginia on August 14, 2024.
Homebuilders Started Fewer Projects In July Than in Any Month Since 2020
By
Diccon Hyatt
Published Aug 16, 2024
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
Economists Expect a September Rate Cut. Here's What Fed Officials Are Saying
By
Terry Lane
Published Aug 15, 2024
An employee works on new Ford F-150 trucks as they go through the assembly line at the Ford Dearborn Plant An employee works on new Ford F-150 trucks as they go through the assembly line at the Ford Dearborn Plant
Here's Why Manufacturing Was Down in July
By
Terry Lane
Published Aug 15, 2024
Homes under construction at the Pulte Homes Ascent at Montelena development in Rancho Cordova, California, US, on Monday, July 22, 2024. Homes under construction at the Pulte Homes Ascent at Montelena development in Rancho Cordova, California, US, on Monday, July 22, 2024.
High Mortgage Rates Kept Dragging Down Homebuilder Confidence In August
By
Diccon Hyatt
Published Aug 15, 2024
A customer looks at vehicles for sale at an AutoNation Toyota dealership in Hayward, California, US, on Monday, June 24, 2024. A customer looks at vehicles for sale at an AutoNation Toyota dealership in Hayward, California, US, on Monday, June 24, 2024.
Retail Sales Surprisingly Jumped in July
By
Diccon Hyatt
Published Aug 15, 2024
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange
What Latest Inflation Data Says About How Much the Fed Will Cut Interest Rates
By
Terry Lane
Published Aug 15, 2024
woman shopping online for Bitcoin on website with laptop and credit card woman shopping online for Bitcoin on website with laptop and credit card
People Are Growing More Concerned About Paying Their Debts
By
Elizabeth Guevara
Published Aug 14, 2024
Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023. Homes in Hercules, California, US, on Wednesday, Aug. 16, 2023.
Why Mortgage Demand Has Surged to Its Highest Level Since Early 2023
By
Terry Lane
Published Aug 14, 2024
A suburban neighborhood A suburban neighborhood
Rising Housing Costs Cast a Shadow On a Sunny Inflation Outlook
By
Diccon Hyatt
Published Aug 14, 2024
People shop at a grocery store in Brooklyn on July 11, 2024 in New York City. People shop at a grocery store in Brooklyn on July 11, 2024 in New York City.
Inflation Slowed More Than Expected in July, Setting The Stage For Fed Rate Cuts
By
Diccon Hyatt
Updated Aug 14, 2024
Customers using self service check out express lane at Target store, Queens, New York. Customers using self service check out express lane at Target store, Queens, New York.
What to Expect from This Week's Closely Watched Retail Sales Report
By
Terry Lane
Published Aug 13, 2024
A family moving into an apartment A family moving into an apartment
A Cooling Housing Market Is Pushing Down Inflation. Here's Why That's Important
By
Diccon Hyatt
Published Aug 13, 2024
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a Bloomberg Television interview in Atlanta, Georgia, US, on Friday, Nov. 3, 2023. Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a Bloomberg Television interview in Atlanta, Georgia, US, on Friday, Nov. 3, 2023.
This Fed Official Says Rate Cuts Are ‘Coming’—But He Needs More Data to Be Sure
By
Terry Lane
Published Aug 13, 2024