Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.
Federal Reserve Board Chairman Jerome Powell departs after giving remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, D.C. Federal Reserve Board Chairman Jerome Powell departs after giving remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, D.C.
Fed Holds Interest Rate Steady To Fight Still-Too-High Inflation
By
Diccon Hyatt
Updated May 01, 2024
Thomas Barwick / Getty Images Thomas Barwick / Getty Images
The Job Market Is Getting Stuck: Hiring, Firing, And Quitting All Fell In March
By
Diccon Hyatt
Published May 01, 2024
Federal Reserve Chairman Jerome Powell speaks at the Thomas Laubach Research Conference on key issues in monetary policy and the economy held by the Federal Reserve Board of Governors May 19, 2023 in Washington, D.C. Federal Reserve Chairman Jerome Powell speaks at the Thomas Laubach Research Conference on key issues in monetary policy and the economy held by the Federal Reserve Board of Governors May 19, 2023 in Washington, D.C.
US Economy News Today: Powell Dismisses the Need for Additional Rate Hikes
By
Taylor Tompkins and Diccon Hyatt
Updated May 01, 2024
Workers in an office setting Workers in an office setting
Wages and Benefits Growth Deals Yet Another Blow to Fed's Inflation Fight
By
Terry Lane
Published Apr 30, 2024
A "For Sale" sign outside of a home in Washington, DC, US, on Sunday, Nov. 19, 2023. The National Association of Realtors is scheduled to release existing homes sales figures on November 21. A "For Sale" sign outside of a home in Washington, DC, US, on Sunday, Nov. 19, 2023. The National Association of Realtors is scheduled to release existing homes sales figures on November 21.
US Economy News Today: Consumer Confidence Drops for Third Month in a Row
By
Diccon Hyatt and Taylor Tompkins
Updated Apr 30, 2024
Now hiring sign Now hiring sign
What To Expect From Tomorrow's Report on Jobs
By
Diccon Hyatt
Updated May 02, 2024
Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high. Federal Reserve Board Chairman Jerome Powell delivers remarks at a news conference following a Federal Open Market Committee meeting on May 3, 2023 in Washington, DC. The Federal Reserve announced a 0.25 percentage point interest rate increase bringing the key federal funds rate to more than 5%, a 16-year high.
US Economy News Today: Don't Hold Your Breath For Interest Rate Cuts This Week
By
Taylor Tompkins and Diccon Hyatt
Published Apr 29, 2024
US President Joe Biden speaks during the North America's Building Trades Unions (NABTU) 2024 Legislative Conference in Washington, DC, US, on Wednesday, April 24, 2024. US President Joe Biden speaks during the North America's Building Trades Unions (NABTU) 2024 Legislative Conference in Washington, DC, US, on Wednesday, April 24, 2024.
Biden Administration Expands Push to Shift Workplace Rules in Favor of Workers
By
Diccon Hyatt
Published Apr 28, 2024
Federal Reserve Board Chairman Jerome Powell Federal Reserve Board Chairman Jerome Powell
What You Need to Know Ahead of The Federal Reserve's Interest Rate Policy Meeting
By
Diccon Hyatt
Updated May 01, 2024
customer selects goods at a supermarket in Foster City, California, the United States, Feb. 28, 2024. customer selects goods at a supermarket in Foster City, California, the United States, Feb. 28, 2024.
The Federal Reserve's Preferred Measure Of Inflation Heated Up In March
By
Diccon Hyatt
Published Apr 26, 2024
Federal Reserve building in Washington, DC Federal Reserve building in Washington, DC
US Economy News Today: Fed's Preferred Inflation Measure Shows Stubborn Inflation Increasing
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 26, 2024
Customers shop at a Home Depot store in Arlington, Virginia, on March 14, 2024. Customers shop at a Home Depot store in Arlington, Virginia, on March 14, 2024.
Is The U.S. Economy Headed For A Bout Of Stagflation?
By
Diccon Hyatt
Updated Apr 26, 2024
"Shopping" signage in New York, US, on Thursday, April 11, 2024. "Shopping" signage in New York, US, on Thursday, April 11, 2024.
Today's GDP Report Not Only Showed Weak Economic Growth But Worrisome Inflation
By
Diccon Hyatt
Published Apr 25, 2024
New York City New York City
Economic Growth Surprisingly Slowed To 1.6% In First Quarter
By
Diccon Hyatt
Updated Apr 25, 2024
A worker uses a brushing machine to refinish reclaimed wooden siding at The Hudson Company sawmill in Pine Plains, New York, US, on Wednesday, April 10, 2024. A worker uses a brushing machine to refinish reclaimed wooden siding at The Hudson Company sawmill in Pine Plains, New York, US, on Wednesday, April 10, 2024.
US Economy News Today: Economy Was 'Worst of Both Worlds' in First Quarter
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 25, 2024
A home is offered for sale on March 22, 2024 in Chicago, Illinois A home is offered for sale on March 22, 2024 in Chicago, Illinois
US Economy News Today: What Will Tomorrow's Measure of Economic Growth Tell Us?
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 24, 2024
Photo taken on Oct. 19, 2022 shows a house for sale in Washington, D.C. Photo taken on Oct. 19, 2022 shows a house for sale in Washington, D.C.
US Economy News Today: Fed's Uncertainty Is Acutely Impacting Home Buyers and Sellers
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 23, 2024
A man working on a production line A man working on a production line
Will The Economy's Hot Streak Continue? What To Expect From Tomorrow's GDP Report
By
Diccon Hyatt
Updated Apr 24, 2024
Consumers shop at a retail chain store in Rosemead, California, on December 12, 2023. Consumers shop at a retail chain store in Rosemead, California, on December 12, 2023.
What To Expect From Friday's Closely Watched Report On Inflation
By
Diccon Hyatt
Updated Apr 25, 2024
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017.
How an Escalation in Middle East Tensions Could Affect the U.S. Economy
By
Terry Lane
Published Apr 22, 2024
Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank's William McChesney Martin building on March 20, 2024 in Washington, DC. Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank's William McChesney Martin building on March 20, 2024 in Washington, DC.
US Economy News Today: Policy Uncertainty Could Be Growing Risk to US Financial Stability
By
Taylor Tompkins and Diccon Hyatt
Published Apr 22, 2024
Illustration of how housing shortages are affecting potential buyers Illustration of how housing shortages are affecting potential buyers
The Housing Shortage Is Hurting Almost Every Part of the Economy
By
Diccon Hyatt
Published Apr 21, 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
US Economy News Today: Fed Officials' Last Comments Before Meeting Paint Murky Picture
By
Taylor Tompkins
Published Apr 19, 2024
Woman trying on sunglasses Woman trying on sunglasses
3 Reasons High Interest Rates Haven't Stopped People From Spending
By
Diccon Hyatt
Published Apr 18, 2024
Two engineers looking at a robotic arm working in a factory. Two engineers looking at a robotic arm working in a factory.
US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 18, 2024
Christopher Waller, governor of the Federal Reserve; from left, Philip Jefferson, vice chair of the Federal Reserve System; Jerome Powell, chairman of the Federal Reserve; Michelle Bowman, governor of the Federal Reserve; and Lisa Cook, governor of the Federal Reserve, during a Fed Listens event in Washington, D.C., on March 22, 2024. Christopher Waller, governor of the Federal Reserve; from left, Philip Jefferson, vice chair of the Federal Reserve System; Jerome Powell, chairman of the Federal Reserve; Michelle Bowman, governor of the Federal Reserve; and Lisa Cook, governor of the Federal Reserve, during a Fed Listens event in Washington, D.C., on March 22, 2024.
The Fed Cares What You Think About Inflation
By
Terry Lane
Published Apr 17, 2024
A charts shows the companies in the S&P 500 that gained and lost the most on April 17, 2024. A charts shows the companies in the S&P 500 that gained and lost the most on April 17, 2024.
S&P 500 Gains and Losses Today: United Airlines Stock Soars After Earnings Beat
By
Michael Bromberg
Published Apr 17, 2024
Biden in Oval Office. Biden in Oval Office.
Biden Seeks Steep Tariffs Hike on Some Chinese Steel, Aluminum Imports
By
Fatima Attarwala
Published Apr 17, 2024
A for sale sign is posted in front of a home. A for sale sign is posted in front of a home.
US Economy News Today: Higher-For-Longer Interest Rates Push Homebuyers Into Market
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 17, 2024
International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas and IMF Research Department Deputy Director Petya Koeva Brooks hold a press briefing as the IMF publishes its global economic forecasts at the IMF-World Bank Group spring meetings at IMF headquarters in Washington, DC on April 16, 2024. International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas and IMF Research Department Deputy Director Petya Koeva Brooks hold a press briefing as the IMF publishes its global economic forecasts at the IMF-World Bank Group spring meetings at IMF headquarters in Washington, DC on April 16, 2024.
IMF Credits Strong US Economy, But Cites Financial Risks of Rising Debt
By
Diccon Hyatt
Published Apr 16, 2024
U.S. Federal Reserve Chairman Jerome Powell U.S. Federal Reserve Chairman Jerome Powell
US Economy News Today: Powell Says Recent Inflation Data Does Not Offer Confidence
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 16, 2024
Yoshitomo and Ota owner Dave Utterback serving nigiri for guests at Ota during his Omakase in Omaha, Nebraska on November 28, 2023. Yoshitomo and Ota owner Dave Utterback serving nigiri for guests at Ota during his Omakase in Omaha, Nebraska on November 28, 2023.
Why Have Forecasters Underestimated The US Economy Lately?
By
Diccon Hyatt
Published Apr 15, 2024
A shopper carries Hollister Co. bags outside of Macy's flagship store in the Herald Square neighborhood of New York, US, on Thursday, April 11, 2024. A shopper carries Hollister Co. bags outside of Macy's flagship store in the Herald Square neighborhood of New York, US, on Thursday, April 11, 2024.
Consumers Spent Heavily In March, Fueling An Already Hot Economy
By
Diccon Hyatt
Published Apr 15, 2024
Business woman sitting at a desk working in an office Business woman sitting at a desk working in an office
US Economy News Today: An Old Economic Idea is Being Revived—It Could Impact Your Job
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 15, 2024
Illustration of the 32-hour work week Illustration of the 32-hour work week
What Would Happen To The Economy If Thursday Became The New Friday?
By
Diccon Hyatt
Published Apr 14, 2024
JPMorgan Chase Chair and CEO Jamie Dimon at a Senate Banking Committee hearing on Dec. 6, 2023 in Washington, D.C. JPMorgan Chase Chair and CEO Jamie Dimon at a Senate Banking Committee hearing on Dec. 6, 2023 in Washington, D.C.
What Bank Executives Are Saying About the US Economy in Earnings Calls
By
Aaron McDade
Published Apr 12, 2024
Ralph Lauren Ralph Lauren
US Economy News Today: Consumers Predict Higher Inflation
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 12, 2024
Cranes working on construction site in Beijing. Cranes working on construction site in Beijing.
Developing Asia To Grow Faster in 2024 Despite China Slowdown, ADB Says
By
Fatima Attarwala
Published Apr 11, 2024
Senior engineer explaining machine functioning to new engineer and how to operating an Injection Molding machine. Senior engineer explaining machine functioning to new engineer and how to operating an Injection Molding machine.
US Economy News Today: Wholesale Price Index Adds to Inflation Equation
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 11, 2024
A woman managing finances A woman managing finances
Stubborn Inflation Means Higher Interest Rates for Longer
By
Diccon Hyatt
Published Apr 10, 2024
A Mobil gas station in Los Angeles, California, US, on Tuesday, April 2, 2024. US crude futures hit $85 a barrel in New York for the first time since October, as OPEC+ supply cuts underpin a steadily strengthening market. A Mobil gas station in Los Angeles, California, US, on Tuesday, April 2, 2024. US crude futures hit $85 a barrel in New York for the first time since October, as OPEC+ supply cuts underpin a steadily strengthening market.
Inflation Rose Faster Than Expected For Third Consecutive Month In March
By
Diccon Hyatt
Updated Apr 10, 2024
Construction site in Shanghai, China. Construction site in Shanghai, China.
Fitch Cuts China’s Outlook as Real Estate Downturn Hurts Public Finances
By
Fatima Attarwala
Published Apr 10, 2024
Food shoppers search for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. The inflation rate for food and other durable goods was 9.7% in May, 2023. Food shoppers search for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. The inflation rate for food and other durable goods was 9.7% in May, 2023.
US Economy News Today: Inflation Signals Get Even Murkier on Hotter-Than-Expected Increases
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 10, 2024
What is a small business and why it matters What is a small business and why it matters
Sales Worries Drive Small Business Optimism to Lowest Levels Since 2012
By
Terry Lane
Published Apr 09, 2024
A man works in a manufacturing plant. A man works in a manufacturing plant.
Why Half Of The New US Manufacturing Jobs in the Next Decade Could Go Unfilled
By
Kathleen Marshall
Published Apr 09, 2024
Roberty Findley prepares freshly boiled crawfish at Crawfish Nick's Lake Conroe, Wednesday, Jan. 24, 2024, in Conroe. Roberty Findley prepares freshly boiled crawfish at Crawfish Nick's Lake Conroe, Wednesday, Jan. 24, 2024, in Conroe.
US Economy News Today: Federal Reserve Officials Double Down on Murkier Forecasts
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 09, 2024
A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California. A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California.
Some Home Buyers Resigning Themselves to High Interest Rates, Survey Shows
By
Terry Lane
Published Apr 08, 2024
A chart shows the companies in the S&P 500 that gained and lost the most on April 8, 2024. A chart shows the companies in the S&P 500 that gained and lost the most on April 8, 2024.
S&P 500 Gains and Losses Today: Paramount Sinks as Shareholder Critiques Skydance Bid
By
Michael Bromberg
Published Apr 08, 2024
This photo taken on Feb. 14, 2023 shows a house for rent in Washington, D.C., the United States. This photo taken on Feb. 14, 2023 shows a house for rent in Washington, D.C., the United States.
US Economy News Today: Job Loss Fears Reach Nearly Four-Year High
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 08, 2024
Map of solar eclipse path Map of solar eclipse path
What's the Economic Impact of the Solar Eclipse?
By
Diccon Hyatt
Updated Apr 06, 2024
Produce on sale at a grocery store. Produce on sale at a grocery store.
What to Expect From This Week's Inflation Report
By
Diccon Hyatt
Updated Apr 09, 2024
US Treasury Secretary Janet Yellen speaks to Chinese Vice Premier. US Treasury Secretary Janet Yellen speaks to Chinese Vice Premier.
Yellen Says China’s Overcapacity Poses Risks to World Economy
By
Fatima Attarwala
Published Apr 05, 2024
A man and woman enter a large, light filled interior space through rotating doors. A man and woman enter a large, light filled interior space through rotating doors.
Employers Hired Far More Than Expected in March
By
Diccon Hyatt
Updated Apr 05, 2024
Wide shot rear view of business people crossing downtown street during evening commute Wide shot rear view of business people crossing downtown street during evening commute
US Economy News Today: Bowman Sees Risk of Another Rate Hike If Inflation Progress Stalls
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 05, 2024
Christopher Waller, governor of the US Federal Reserve, from left, Philip Jefferson, vice chair of the Federal Reserve System, Jerome Powell, chairman of the US Federal Reserve, Michelle Bowman, governor of the US Federal Reserve, and Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Christopher Waller, governor of the US Federal Reserve, from left, Philip Jefferson, vice chair of the Federal Reserve System, Jerome Powell, chairman of the US Federal Reserve, Michelle Bowman, governor of the US Federal Reserve, and Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024.
US Economy News Today: Federal Reserve's Path Forward May Get Murkier
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 05, 2024
Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California. Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California.
What Recent Fed Official Comments Tell Us About the Future of Interest Rates
By
Diccon Hyatt
Updated Apr 04, 2024
A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California. A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California.
US Economy News Today: Will the Federal Reserve Still Cut Rates Three Times This Year?
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 03, 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
US Economy News Today: Job Openings Remain Above Pre-Pandemic Levels
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 02, 2024
People walk to their jobs. People walk to their jobs.
What You Need Know Ahead of Friday's Closely Watched Monthly US Jobs Report
By
Diccon Hyatt
Updated Apr 04, 2024
People shopping at mall. People shopping at mall.
US Economy News Today: Could Consumer Spending Stall Rate Cuts?
By
Taylor Tompkins and Diccon Hyatt
Updated Apr 01, 2024