The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
US stocks gain, as oil prices head toward monthly decline
Wall Street indexes advanced on Friday, after briefly falling under pressure from a contentious White House meeting with ...
Inflation is easing, but another alarm bell is ringing about the US economy
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
Wall Street drifts toward the close of its worst month since April
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed ...
Bitcoin’s ‘Trump trade’ is over — Traders shift hope to Fed rate cuts, expanding global liquidity
Despite the current market downturn, not all hope is lost, as a massive wave of liquidity expansion could be on the horizon.
US consumers cut spending in January more drastically than at any point in the last four years
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at ...
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Mexico: Open to new tariffs on China to avoid Trump duties
President Donald Trump on Friday accused Ukrainian President Volodymyr Zelenskyy of not being “ready for Peace” as long as the U.S. was “involved” in talks about ending the ...