Economic News

By Geoffrey Smith  Investing.com -- Global markets steady after initially falling in response to the Federal Reserve's press conference on Wednesday. U.S. fourth-quarter GDP and...

(Bloomberg) -- Jerome Powell made clear the Federal Reserve would act as needed to cool the hottest inflation in almost 40 years, endorsing interest-rate liftoff in March and...

By Yasin Ebrahim Investing.com – The Federal Reserve on Wednesday signalled a sense of urgency to begin raising rates, and reining in crisis-era monetary policy measures to bring...

(Bloomberg) -- Sales of new U.S. homes rose in December to a nine-month high, indicating firmer demand at the end of 2021 despite high prices and still-limited inventory. Purchases...

By Noreen Burke Investing.com -- The Federal Reserve is expected to lay the groundwork for a March rate hike as it grapples with high inflation, setting aside concerns over the...

(Bloomberg) -- Employment is back at or above pre-pandemic levels in a dozen U.S. states. Compared with February 2020, Arizona has added the most nonfarm jobs on its payrolls,...

(Bloomberg) -- More than one-third of U.S. employers still plan to implement a vaccine mandate despite the Supreme Court’s rejection of a federal rule that would have required...

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The International Monetary Fund cut its world economic growth...

By Geoffrey Smith Investing.com --It can be easy to lose sight of it, but whether the number of Russian soldiers that ends up permanently in Ukraine is zero, or 100,000, or...

By Geoffrey Smith  Investing.com -- The selloff in  U.S. equities looks set to resume at the open, despite Monday's violent short squeeze. Microsoft (NASDAQ:MSFT), Johnson &...

(Bloomberg) -- Jerome Powell’s first four years as Federal Reserve chair were defined by saving the U.S. economy from the historic challenge of the pandemic. His second term -- and...

(Bloomberg) -- President Joe Biden will on Monday highlight his administration’s efforts to combat inflation as the fastest price increases in four decades endangered Democrats’...

(Bloomberg) -- U.S. business activity came close to stalling in early January, depressed by lingering capacity constraints and a wave of coronavirus infections that deflated...

By Geoffrey Smith  Investing.com -- Bitcoin and other cryptocurrencies lead risk assets lower as concerns about war in Ukraine trigger a broad selloff. That's stopping U.S. futures...

(Bloomberg) -- Looser monetary policy in China won’t be sufficient to stabilize the economy and a faster increase in government spending is needed, according to a former adviser to...

By Noreen Burke Investing.com -- It’s set to be a major week for markets, between the Federal Reserve meeting and an avalanche of big-name earnings. Fed Chair Jerome Powell is...

(Bloomberg) -- Goldman Sachs Group Inc. (NYSE:GS) economists said they see a risk the Federal Reserve will tighten monetary policy at every policy meeting from March, a more...

(Bloomberg) -- U.S. Treasury Secretary Janet Yellen delivered a rosy outlook for the U.S. economy, of fading inflation and the potential for higher long-term growth. While...

(Bloomberg) -- The annual Davos gathering of political leaders, top executives and celebrities has set new dates for an in-person event, forsaking the ski season for a balmier week...

By Geoffrey Smith  Investing.com -- Netflix's (NASDAQ:NFLX)'s profit warning issues the clearest challenge yet to growth stock valuations, while Peloton (NASDAQ:PTON) and wind...

(Bloomberg) -- China’s central bank will further ease monetary policy in the first half of 2022 to stave off headwinds and ensure economic stability, according to a Bloomberg...

(Bloomberg) -- Immigration, which slowed during the pandemic, could help ease a shortage of workers in the U.S. that’s pushed job vacancies to an all-time high, according to policy...

By Geoffrey Smith  Investing.com -- Joe Biden admits that his economic reform agenda is stalled, but said he supports the Federal Reserve's intentions to get inflation down. He was...

(Bloomberg) -- Chinese lenders lowered borrowing costs for a second straight month after the central bank cut policy loan rates and pledged more easing to stabilize the...

(Bloomberg) -- The Port of Long Beach moved record cargo volumes last year amid an import surge and supply-chain snarl brought on by the pandemic. The West Coast port handled 9.38...

By Geoffrey Smith  Investing.com -- Bond yields and oil prices march higher on signs of what Goldman Sachs (NYSE:GS) CEO David Solomon called "wage inflation everywhere" as he...

(Bloomberg) -- Money markets are reflecting increased speculation that the Federal Reserve might opt for its first super-sized boost to borrowing costs in more than two...

By Geoffrey Smith Investing.com -- Russia is on the verge of invading a European neighbor for the third time in 14 years. Unlike the last two, this one could have a real economic...

By Geoffrey Smith  Investing.com -- U.S. market have a severe attack of the post-holiday weekend grumps as inflation fears push bond yields to their highest in two years. Oil...

(Bloomberg) -- The Bank of Japan stood pat on policy and adjusted its view of inflation risks for the first time since 2014 in a move that suggests the economy is not entirely...

By Noreen Burke Investing.com -- Earnings season kicks into high gear in the coming week, with the financial sector particularly in focus. Earnings results will test growth stocks...

(Bloomberg) -- Newly released transcripts of Federal Reserve policy meetings in 2016 show then-Governors Jerome Powell and Lael Brainard were quick to pivot away from planned...

(Bloomberg) -- The Federal Reserve might raise its benchmark interest rate as many as seven times to fight rising inflation, JPMorgan Chase & Co. (NYSE:JPM) Chief Executive Officer...

(Bloomberg) -- Germany is headed for its second recession of the pandemic after the emergence of the coronavirus’s omicron strain compounded drags on output from supply snarls and...

By Geoffrey Smith  Investing.com -- Retail sales data will give a fresh indication of how much the market has to worry about rising interest rates and the strength of the economy....