Tag: Breaking News: Economy
‘Transitory’ is back as the Fed doesn’t expect tariffs to have...
The "good ship Transitory," despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central bank released Wednesday...
Bank of America’s CEO says economic growth is ‘better than people...
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this...
Bank of England expected to keep rates on hold amid headwinds...
The Bank of England in London on Feb. 12, 2024.Henry Nicholls | Afp | Getty ImagesThe Bank of England is widely expected to...
Trump policies ‘promise’ an economic downturn, says prominent forecaster in first-ever...
U.S. Vice President JD Vance (C) exits the Oval Office in the opposite direction as U.S. President Donald Trump and Elon Musk (R)...
The Fed will update its rate projections Wednesday. Here’s what to...
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on "The Semiannual Monetary Policy Report...
Frontier Airlines offers free checked bags promotion in swipe at Southwest
Frontier Airlines took a swipe at Southwest Airlines' plan to start charging for seat assignments and checked luggage by doing the opposite.Budget carrier...
Retail sales increased 0.2% in February, though spending up less than...
Consumers spent at a slower-than-expected pace in February, though underlying readings indicated that sales still grew at a solid pace despite worries over...
U.S. and global economic outlooks cut by OECD as Trump’s trade...
Undiscouraged by the rain, shoppers and visitors out on Oxford Street braving the bad weather from the latest storm using umbrellas on 28th...
Treasury Secretary Bessent says White House is heading off a ‘guaranteed’...
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a...
‘See you in four years’: Canada flexes economic muscle as tariff...
A "Shop Canadian" sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. Liang Seng | Xinhua...