Just as Americans are getting ready to cast ballots in November, President Joe Biden’s economy will be right around the dividing line that typically separates winning reelection campaigns from losing...
The rally in Japanese stocks toward record highs comes as asset managers increased bearish positions on the yen to the most in more than a year, suggesting investors remain cautious about currency...
US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season.The value of retail purchases, unadjusted for inflation, decreased 0.8% from...
Thousands of Porsche, Bentley and Audi cars have been impounded in US ports after a supplier to parent group Volkswagen found a Chinese subcomponent in the vehicles that breached anti-forced labour...
US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts.The consumer price index rose by more than...
Some Federal Reserve officials, who were surprised by inflation’s rapid descent in 2023, seem to be setting a new bar for interest-rate cuts: a broader pullback in price pressures.Last week, both...
Donald Trump’s China trade war frayed economic ties between the two global superpowers. His second-term plans risk cutting them entirely.The former president is pitching a 60% tariff on all Chinese...
Mention the government’s annual revisions to seasonal adjustment factors for monthly inflation data and you’re likely to make eyes glaze over, even among hardcore economics nerds. Not this year....
China’s consumer prices fell last month at the fastest pace since the global financial crisis, piling pressure on the government to support a stumbling economic rebound that’s roiling markets.The...
Federal Reserve Bank of Minneapolis President Neel Kashkari celebrated the recent pullback in inflation, though he noted the central bank has not yet reached its goal.“We’re not all the way there yet...