2+ hour, 53+ min ago   (31+ words) Japan’s economy grew an annualized rate of 1.1% in the April-June quarter, even as private consumption stayed flat and the growth of exports declined. The Cabinet Office said Monday that Japan’s......

1+ week, 2+ day ago   (796+ words) The June jobs numbers from the Labor Department Friday marked a sharp setback for the American labor market and for President Donald Trump less than three months before his Republican party seeks to keep full control of Congress in the…...

3+ week, 1+ day ago   (793+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...

3+ week, 2+ day ago   (337+ words) Chron The quarter-point cut to 14% shows the bank slowing its pace of rate cuts from a peak of 21% last year The bank had been cutting by at least a half-percentage point until a quarter-point cut on June 19 The slowing pace…...

1+ mon, 1+ day ago   (405+ words) Following a monetary policy meeting, the Bank of Korea raised its benchmark policy rate by a quarter percentage point from 2.5% to 2.75% in the first hike since January 2023. The bank had kept rates steady or lowered them in recent years despite…...

1+ mon, 1+ week ago   (488+ words) They are among the co-leaders of five different task forces announced by Fed Chair Kevin Warsh last month. The other leaders are a mix of public officials and business leaders. Warsh called for “regime change” at the Fed last year…...

1+ mon, 3+ week ago   (439+ words) Chron...

1+ mon, 4+ week ago   (905+ words) The unexpectedly aggressive tilt toward higher rates would disappoint President Trump and suggests heightened concerns about persistent inflation among Fed officials. In an unusually short statement after their two-day meeting, the officials dropped language that had suggested their next move…...

2+ mon, 2+ week ago   (1092+ words) The energy price spike triggered by the Iran war has seeped into the price of bonds that help fund the U.S. government. Interest rates on a 10-year U.S. Treasury note are topping 4.44%, up from 3.95% before the war started at the end of…...

3+ mon, 16+ hour ago   (783+ words) “He’s returning to a dumpster fire,” said Lindsay Owens, executive director of Groundwork Collaborative, a liberal think tank focused on economic issues. “The president will not have the faith and confidence of the American people — the economy is their top…...