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Economics
How a Debt Default Could Cascade Across the Globe
"No corner of the global economy will be spared."
Featured
Economics
Fed Officials Split About What to Do Next on Inflation
The outlook is cloudier than at any time since a streak of 10 straight rate hikes began last spring.
May 19, 2023
Economics
Little Progress Made in Curbing Inflation, Fed Governor Says
Philip Jefferson also said turmoil in the financial system would likely have only a limited impact on the economy.
May 15, 2023
Economics
China's Manufacturing Contracts
The declining activity signals some recovery concerns.
May 1, 2023
Economics
Small Business Owners Feel the Credit Crunch
An overall tightening of credit will help slow down the economy and ease inflation, and small business will suffer the most.
April 11, 2023
Economics
Fed's Tough Challenge: Confront Inflation and Bank Jitters
Recent banking troubles have intensified fears that the economy could tumble into recession.
March 21, 2023
Top Headlines
U.S. Consumer Confidence Declines Again, 4th Time in 5 Months
May 30, 2023
Treasury Secretary Says 'No Good Options' if Congress Fails to Act on Debt
May 8, 2023
U.S. Adds a Solid 253,000 Jobs Despite Fed's Rate Hikes
May 5, 2023
Unemployment Claims Jump, But Remain Low
May 4, 2023
Latest
Economics
U.S. Wholesale Inflation Pressures Eased Sharply Last Month
Inflationary pressures in the economy are easing.
April 13, 2023
Economics
Cheaper Gas and Food Provide Some Relief from U.S. Inflation
Positive signs suggest that inflation pressures are cooling.
April 12, 2023
Economics
U.S. Adds a Healthy 236,000 Jobs Despite Fed's Rate Hikes
The unemployment rate fell to 3.5%.
April 7, 2023
Economics
U.S. Economic Growth Revised Down
The report suggested that the economy was losing momentum at the end of 2022.
March 30, 2023
Economics
U.S. Wholesale Inflation Fell Last Month on Lower Food Costs
A significant driver of last month's wholesale inflation slowdown was a huge drop in the prices of eggs.
March 15, 2023
Economics
Inflation Eases but Stays High
The numbers pose a challenge for the Federal Reserve.
March 14, 2023
Economics
Government Moves to Stop Potential Banking Crisis
The swift and stunning collapse of two banks prompted fears of a broader upheaval.
March 13, 2023
Economics
Business Economists Push Recession Forecasts Back
Only a quarter of recently surveyed economists think a recession will have begun by the end of March.
February 27, 2023
Economics
U.S. Revises Down Last Quarter's Economic Growth
While overall growth was solid, business spending barely rose and consumers spent cautiously.
February 23, 2023
Economics
Plunging Natural Gas Prices Relieve Inflation Pressure
A mild winter is bringing some relief to consumers.
February 17, 2023
Economics
Retail Sales Jump as Americans Defy Inflation
Driving the gain was a jump in car sales, along with healthy spending at restaurants, electronics stores and furniture outlets.
February 15, 2023
Economics
Tyson Posts Disappointing Q1 Profit
The meat producer took in nearly $13.3 billion in revenue.
February 7, 2023
Economics
Apple Suffers 1st Quarterly Sales Decline in Nearly 4 Years
CEO says supply headaches are over.
February 3, 2023
Economics
Fed Lifts Rate by Quarter-Point
But the central bank acknowledged that the pace of inflation has cooled.
February 2, 2023
Supply Chain
Chinese Factory Activity Rebounds
This adds to signs the world’s second-largest economy might be recovering from a painful slump.
January 31, 2023