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Economy
A big inflation report is on the way Wednesday. Here’s what to expect
A person browses a grocery store following the announcement of tariffs on Canadian and Mexican goods by U.S. President Donald Trump, in Toronto, Ontario, Canada, on March 4, 2025.Arlyn Mcadorey | ReutersWith concerns running high that…
Kugler says Fed should hold interest rates amid inflation risks
Adriana Kugler, member of the Board of Governors of the US Federal Reserve, speaks on the economy in Washington, DC, US, on Wednesday, Feb. 7, 2024. Al Drago | Bloomberg | Getty ImagesInflation could prove sticky while prices might pick…
Trump ‘an agent of chaos and confusion,’ economists warn — but a U.S. recession…
U.S. President Donald Trump attends the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | ReutersGlobal market volatility and geopolitical turbulence in the wake of President Donald…
Trump says a transition period for the economy is likely: ‘You can’t really watch the
President Donald Trump and other senior White House officials have spent the past several days bracing Americans for a potential economic slowdown that they say will then lead to stronger growth ahead.With fears brewing over the…
European Central Bank cuts rates again, says policy is becoming ‘meaningfully less
The European Central Bank on Thursday cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive."The cut brings the ECB's deposit facility rate, its…
‘Very concerned’ about Europe’s struggling economy, European Central Bank…
Europe's struggling economy has economists worried — and senior European Central Bank policymaker Mário Centeno, echoes that view."I am very concerned about the European economy," Centeno, who is also governor of the Bank of Portugal,…
Treasury Secretary Bessent says economy could be ‘starting to roll a little bit’
U.S. Treasury Secretary Scott Bessent attends at an Economic Club of New York event in New York City, U.S., March 6, 2025.Jeenah Moon | ReutersTreasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S.…
Here’s where the jobs are for February 2025 – in one chart
Getty Images | CNBC | Getty ImagesFebruary marked another strong month for health care despite job growth overall coming in weaker than expected but stable.Last month, health care and social assistance led the way for job creation,…
Starting the day with a healthy breakfast is becoming a pricey luxury
domoyega | E+ | Getty ImagesAlicia Love typically purchases the most popular beans for Coffee Labs Roasters in a one-year deal with her coffee importer. But at the end of last year, prices were so high that she decided to wait the market…
Unemployment rate in February drops for Black men, but rises for Hispanic women
A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia. Anna Rose Layden | Getty ImagesThe unemployment rate among Black men saw a significant improvement in February – even as the rate ticked…