Business A Buoyant Global Economy Is Starting to Sag Nick J Adam Jul 17, 2023 Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is… Read More...
Business Economists Are Cutting Back Their Recession Expectations Nick J Adam Jul 16, 2023 Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Stay connected with… Read More...
Business Markets Appear Convinced the Fed Can Pull Off a Soft Landing Nick J Adam Jul 16, 2023 Stocks surged this past week on evidence that inflation is cooling. Stay connected with us on social media platform… Read More...
Business CPI Report Shows Inflation Eased to 3% in June Nick J Adam Jul 12, 2023 Inflation eased in June to its slowest pace in more than two years, but remained above the Federal Reserve’s goal.… Read More...
Business Amazon’s Prime Day to Test Consumer Demand Nick J Adam Jul 11, 2023 The indicator of shopping patterns arrives this year after a period of slow sales for the company and concerns about the… Read More...
Business Jobs Report Keeps Fed on Track to Raise Rates in July Nick J Adam Jul 9, 2023 The Federal Reserve is on course to raise interest rates to a 22-year high later this month to combat inflation.… Read More...
Business Last Mile of the Inflation Fight Will Be the Hardest Nick J Adam Jul 9, 2023 Lower housing and used-car costs are expected to push down the core index, but progress could then stall so long as the… Read More...
Business Wage Gains, Low Unemployment Keep Pressure on Fed; Hiring Cooled in June Nick J Adam Jul 8, 2023 The latest jobs and wage data add to evidence that economic activity hasn’t slowed as much as Fed officials expected,… Read More...
Business Americans Have Quit Quitting Their Jobs Nick J Adam Jul 6, 2023 Listen to article(2 minutes)The surge in Americans quitting their jobs has abated since peaking during the pandemic,… Read More...
Business Some Fed Officials Supported Raising Rates in June Nick J Adam Jul 6, 2023 Several policy makers favored an increase because inflation and economic activity have proven resilient. Stay… Read More...