Breaking News: Economy

Will the Fed cut rates this year?

Business
Jessica Roberts

It comes as a growing number of market participants have raised the possibility of no rate cuts at all this year, including ...

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Business
Jessica Roberts

“While it is not my baseline outlook, I continue to see the risk that at a future meeting we may need to ...

Gold prices have hit record highs. Here’s why they could rally further

Business
Jessica Roberts

People browsing gold jewelry in Istanbul. Burak Kara | Getty Images News | Getty Images Higher rates tend to reduce the appeal ...

Time running out for rate cuts, Jim Bianco warns before Fed meeting

Business
Jessica Roberts

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president ...

CPI inflation report February 2024:

Business
Jessica Roberts

Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower ...

Valentine’s Day chocolate prices higher as cocoa shortfall spikes

Business
Jessica Roberts

Chocolates packaged for Valentine’s Day sit on a table on February 2, 2024 in Chicago, Illinois.  Scott Olson | Getty Images News ...

China and Russia no longer perceived as top security threats, research finds

World
David Turner

Supporters of the Fridays for Future climate action movement, including one holding a sign showing Russian President Vladimir Putin, in Berlin, Germany. ...

Germany’s economy is on shaky ground and there are few signs of hope

Business
Jessica Roberts

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner ...

IMF ups global growth forecast on U.S. resilience, China policy support

Business
Jessica Roberts

Buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024.  Bloomberg | Bloomberg | Getty Images The International ...

Top Citi strategist says healthier economic growth is coming

Business
Jessica Roberts

Jim Dyson | Getty Images News | Getty Images The global economy does not need a “collapse” in order to bring inflation ...