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 Chair Jerome Powell
What's Next for the Fed's Fight Against Inflation?
By
Taylor Tompkins
Published Jul 11, 2024
A shopper enters an Aldi supermarket in Alhambra, Calif., in June.
Companies Are Seeing a Challenged U.S. Consumer as Earnings Season Starts
By
David Marino-Nachison
Published Jul 11, 2024
Hiring sign
Jobless Claims Lower as Fed Watches Labor Market Strength
By
Terry Lane
Published Jul 11, 2024
An illustration shows various facets of the economy.
US Economy News Today: Jobless Claims Lower as Fed Watches Labor Market Strength
By
Taylor Tompkins and Diccon Hyatt
Updated Jul 11, 2024
father son looking at a smartphone
Nearly Half of Gen Z Adults Say They're Getting Family Financial Help
By
Trina Paul
Published Jul 11, 2024
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary Policy Report at the U.S. Capitol on July 10, 2024
Americans Want Prices to Fall—The Fed Doesn't Want That to Happen
By
Diccon Hyatt
Updated Jul 11, 2024
A shopper makes his way down an aisle at Vons market in Westchester, California on July 10, 2024.
Inflation Fell in June, Giving Consumers a Break and Adding to Fed Rate-Cut Hopes
By
Diccon Hyatt
Published Jul 11, 2024
Staff Working Behind Counter In Busy Coffee Shop
Minimum Wage Increases Could Result in Pay Raises, Layoffs, AI Adoption
By
Terry Lane
Published Jul 10, 2024
worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024.
What You Need to Know Ahead of Thursday's Key CPI Inflation Report
By
Diccon Hyatt
Updated Jul 10, 2024
An illustration shows various facets of the economy.
US Economy News Today: Mortgage Demand Drops as High Rates Discourage Refinancing
By
Taylor Tompkins and Diccon Hyatt
Updated Jul 10, 2024
A worker in a warehouse moves a refrigerator in a box.
US Wage Growth Shouldn't Spur Inflation, OECD Says
By
Aaron McDade
Published Jul 09, 2024
U.S. Secretary of the Treasury Janet Yellen testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on July 9, 2024 on Capitol Hill in Washington, DC.
US Treasury Secretary Says Housing Prices May Take More Time to Fall
By
Terry Lane
Published Jul 09, 2024
An illustration shows various facets of the economy.
US Economy News Today: Yellen Says Housing Prices Will Take More Time to Fall
By
Taylor Tompkins and Diccon Hyatt
Updated Jul 09, 2024
A man uses a credit card at the Pike Place Market in Seattle.
After Slowing in March, April, Outstanding Consumer Credit Grows in May
By
Terry Lane
Published Jul 08, 2024
Travelers make their way through Orlando International Airport during the busy 2023 Labor Day holiday weekend
July 4 Air Travel Breaks Records as TSA Says It Screened 3 Million People Sunday
By
Aaron McDade
Published Jul 08, 2024
Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024
What To Expect From Fed Chair Powell's Testimony in Congress This Week
By
Diccon Hyatt
Updated Jul 08, 2024
An illustration shows various aspects of the economy including a home, gold, the Federal Reserve building, paychecks, a now hiring sign and a manufacturing conveyor belt.
Labor Market Cooling Boosts Hopes That Federal Reserve Will Cut Rates
By
Stephen Wisnefski
Published Jul 07, 2024
Construction workers in Austin, Texas, US, on Tuesday, July 2, 2024.
US Job Growth Slowed in June as Unemployment Rate Rose to 4.1%
By
Terry Lane
Published Jul 05, 2024
"Now Hiring" sign at a FedEx in New York City on June 7, 2024.
What To Expect From the Monthly Jobs Report Friday
By
Terry Lane
Updated Jul 04, 2024
Federal Reserve Building in Washington D.C
Fed Minutes Show Officials See Inflation Slowing, Economy Cooling
By
Terry Lane
Published Jul 03, 2024
Lower Manhattan Skyline
The New York City Economy Tracker
By
Hiranmayi Srinivasan and Adrian Nesta
Updated Jul 03, 2024
Barbers cutting customers' hair
This Sector Is the Latest To Fall Because of the Fed's Inflation Fight
By
Terry Lane
Published Jul 03, 2024
Image of Federal Reserve building
Are the Federal Reserve's High Interest Rates Working as Intended?
By
Taylor Tompkins
Published Jul 03, 2024
An illustration shows various facets of the economy.
US Economy News Today: Services Sector Activity Drops on Declining New Orders
By
Taylor Tompkins
Updated Jul 03, 2024
Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024
Federal Reserve Officials Now See Balanced Risks in Fight Against Inflation
By
Terry Lane
Updated Jul 03, 2024
A 'Join Our Team' sign is posted outside a coffee shop on January 03, 2024 in Los Angeles, California.
Why Data on Job Openings is Closely Watched by the Federal Reserve
By
Taylor Tompkins
Published Jul 02, 2024
An illustration shows various facets of the economy.
US Economy News Today: Job Openings Surprise By Changing Little in May
By
Taylor Tompkins
Updated Jul 02, 2024
Accredited journalists follow onscreen from the pressroom Jerome Powell, Chair, Board of Governors of the Federal Reserve System, delivering remarks during the Policy Panel with the President of the European Central Bank Christine Lagarde and Roberto Campos Neto, Governor, Banco Central do Brasil, and moderated by Sara Eisen, Anchor, CNBC, at the afternoon session during the second day of the 2024 European Central Bank Forum on Central Banking on July 02, 2024, in Sintra, Portugal.
Fed Chair Sees ‘Significant Progress’ on Inflation. What Does That Mean?
By
Terry Lane
Published Jul 02, 2024
Construction in Pershing Square across from the Biltmore Hotel continues in Pershing Square Wednesday, June 19, 2024 in Los Angeles, CA.
The Fed's High Interest Rates Are Hampering Construction
By
Terry Lane
Published Jul 01, 2024
An illustration shows various facets of the economy.
US Economy News Today: Construction Spending Declines on Fewer Projects
By
Taylor Tompkins
Updated Jul 01, 2024
Metal workers using grinders on an assembly line
Here's How the Fed's High Interest Rates Have Affected Manufacturing
By
Terry Lane
Published Jul 01, 2024
A bag is open to money and consumer goods.
Will The Pace of Consumer Spending Slow in the Second Half of 2024?
By
Terry Lane
Published Jun 30, 2024
Drivers sit in traffic on southbound Interstate 5 during the afternoon commute heading into downtown San Diego on May 29, 2024 in San Diego, California
A Record 70.9M People Are Expected To Travel July 4th Week, AAA Forecasts
By
Kevin George
Published Jun 29, 2024
For Sale sign hangs in front of a house in Patchogue, New York
Homebuyers Are Fed Up With High Prices
By
Elizabeth Guevara
Published Jun 28, 2024
A woman works from home with the number "35%" overlayed on top in a blue box.
Remote Work Is Here To Stay, New Data Shows
By
Diccon Hyatt
Published Jun 28, 2024
An illustration shows various facets of the economy.
US Economy News Today: Inflation Slowed in May, Buoying Rate Cut Hopes
By
Taylor Tompkins
Updated Jun 28, 2024
An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024.
What Friday's Inflation Report Tells Us About Future Interest Rate Cuts
By
Taylor Tompkins
Published Jun 28, 2024
An airplane mechanic checking the jet engine while working on a private jet inside the hangar of a small general aviation airport in California.
What Orders on Items Like Planes and Computers Tell Us About the Economy
By
Terry Lane
Published Jun 27, 2024
An illustration shows various facets of the economy.
US Economy News Today: Durable Goods Orders Higher in May, But Show Signs of Slowing Economy
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 27, 2024
Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.
Why You Should Care About A Revision To the Country's Economic Growth Measure
By
Diccon Hyatt
Published Jun 27, 2024
Joe Biden, 2020 Democratic presidential nominee, right, and U.S. President Donald Trump speak during the U.S. presidential debate at Belmont University in Nashville, Tennessee, U.S., on Thursday, Oct. 22, 2020.
Trump and Biden Could Clash On These Money Matters In the First Debate Thursday
By
Diccon Hyatt
Published Jun 26, 2024
An illustration shows various facets of the economy.
US Economy News Today: New Home Sales Plunged in May
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 26, 2024
An American flag flies outside the U.S. Capitol building on a clear, fall day on November 06, 2023 in Washington DC.
This Measure of National Debt is Highest Since World War II, Study Shows
By
Terry Lane
Published Jun 26, 2024
Workers in an office.
Middle-Income Earners Turn To Spending Cuts, Second Jobs To Deal With Inflation
By
Terry Lane
Published Jun 26, 2024
Two people looking at stock charts on a laptop and smartphone
More People Are Investing Money as Recession Fears Ease, Survey Shows
By
Elizabeth Guevara
Published Jun 25, 2024
An illustration shows various facets of the economy.
US Economy News Today: Home Prices Hit Another All-Time High
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 25, 2024
A customer shops at a Safeway store on June 11, 2024 in San Francisco, California.
What To Expect in Friday's Report on the Fed's Preferred Measure of Inflation
By
Diccon Hyatt
Published Jun 25, 2024
An illustration shows various facets of the economy.
US Economy News Today: Federal Reserve's Goolsbee Sees Inflation Progress as Rents Cool
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 24, 2024
Lower Manhattan Skyline
The New York City Economic Tracker: May 6, 2024
By
Adrian Nesta and Hiranmayi Srinivasan
Published Jun 22, 2024
Home for sale in Seattle, Washington, US on June 18, 2024.
Home Prices Reach Record High as Sales Fall
By
Bill McColl
Published Jun 21, 2024
A home under construction at The Grove housing development in Napa, California, on May 6, 2024
Leading Economic Index Declines Again But 'Doesn't Currently' Signal Recession
By
Bill McColl
Published Jun 21, 2024
An illustration shows various facets of the economy.
US Economy News Today: Mortgage Rates Fall For the Third Consecutive Week
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 20, 2024
Construction crews work to build new homes in a subdivision by Tri Pointe Homes Colorado in Aurora Highlands, Colorado on April 8, 2024.
High Mortgage Rates Are Holding Back Homebuilding, Locking Up Housing Market
By
Diccon Hyatt
Published Jun 20, 2024
Houses in Aldie, Virginia, US
The US Housing Shortage Is Getting Worse, Report Shows
By
Diccon Hyatt
Updated Jun 19, 2024
The Federal Reserve building
Fed Officials Still Uncertain About Rate Cuts Despite Inflation Improvements
By
Terry Lane
Published Jun 18, 2024
An illustration shows various facets of the economy.
US Economy News Today: Industrial Production Shows Strength in Manufacturing
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 18, 2024
A woman in a furniture store
Retail Sales Fall Short of Expectations in May
By
Diccon Hyatt
Published Jun 18, 2024
An illustration shows various facets of the economy.
US Economy News Today: Harker, Kashkari Point to One Rate Cut Near End of Year
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 17, 2024
An illustration shows various facets of the economy.
US Economy News Today: Fed Officials See Positive Development in Latest Inflation Report
By
Taylor Tompkins and Diccon Hyatt
Updated Jun 14, 2024
Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the Federal Reserve on June 12, 2024, in Washington, D.C
What's Next for the Federal Reserve as Expectations for Interest Rate Cuts Mount?
By
Taylor Tompkins
Published Jun 14, 2024