Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.
Shoppers carry Macy's bags outside the company's flagship store in New York, on Sept. 13, 2024
Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs Data
By
Andrew Kessel
Published Oct 07, 2024
Lower Manhattan Skyline
The New York City Economy Tracker
By
Hiranmayi Srinivasan and Adrian Nesta
Updated Oct 04, 2024
An employee works in Kawasaki factory in Lincoln, Nebraska
A Recession? Not Likely With This Job Market
By
Diccon Hyatt
Published Oct 04, 2024
A worker stocks shelves at the George J. Falter Company Inc. warehouse in Baltimore, Maryland, US, on Tuesday, April 9, 2024.
September Jobs Report Shows Big Jump in Hiring as Labor Market Stays Resilient
By
Diccon Hyatt
Updated Oct 04, 2024
Workers picket outside the APM container terminal at the Port of Newark in Newark, New Jersey on Oct. 1, 2024
US Dockworkers Suspend Strike After Reaching Tentative Agreement on Wages
By
Kara Greenberg
Published Oct 04, 2024
Shipping containers are seen at the Port of Houston Authority on September 19, 2024 in Harris County, Texas. A potential strike by Port of Houston longshoremen looms as contract negotiations between the International Longshoreman's Association and the United States Maritime Alliance continue.
What to Expect in Friday's Jobs Report—The First Since the Fed Cut Rates
By
Diccon Hyatt
Updated Oct 03, 2024
A CVS pharmacy in Miami, Florida, US, on Tuesday, Oct. 1, 2024. CVS Health Corp. plans to cut roughly 2,900 jobs to reduce costs, the health-care company said, as it conducts a strategic review of its operations that includes a possible breakup.
Layoffs Unusually High for This Time of Year, New Report Shows. Should You Worry?
By
Diccon Hyatt
Published Oct 03, 2024
McDonald's McDouble Meal Deal for Fast food value meals for Trend feature in Food photographed for Food in Washington, DC on August 26, 2024.
What McNuggets Tell The Fed About Inflation
By
Diccon Hyatt
Published Oct 02, 2024
Amazon Dublin
Remote Work Might Be Disappearing Faster Than You Think
By
Nisha Gopalan
Published Oct 02, 2024
A man working at a computer
Has The Job Market Hit Bottom? Private Payroll Growth Rebounded In September
By
Diccon Hyatt
Published Oct 02, 2024
In an aerial view, the Port of Houston Authority is seen during a strike on October 01, 2024 in Houston, Texas. Members of the International Longshoreman's Association have begun a nationwide strike, consisting of more than 50,000 workers at ports along the East Coast and Texas.
Dockworkers' Strike Could Cost the Economy $4.5B Per Day—and Rekindle Inflation
By
Elizabeth Guevara
Published Oct 01, 2024
Dockworkers strike at the Bayport Container Terminal in Seabrook, Texas, on October 1, 2024.
How the Ongoing US Port Strike Could Affect You
By
Elizabeth Guevara
Published Oct 01, 2024
Coal on barges on the Monongahela River near the United States Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, US, on Monday, Sept. 9, 2024.
Manufacturing Firms Wait For Rate Cuts To Take Hold
By
Terry Lane
Published Oct 01, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr.
Will the Federal Reserve Stick a Soft Landing?
By
Terry Lane
Published Oct 01, 2024
A worker removes a vinyl record from a press at the Third Man Pressing manufacturing facility in Detroit, Michigan, US, on Friday, Feb. 2, 2024.
There Were More Job Openings In August, But Hiring Slowed
By
Diccon Hyatt
Published Oct 01, 2024
Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, US, on Tuesday, Oct. 1, 2024.
US Dockworkers Start Massive Strike
By
Nisha Gopalan
Published Oct 01, 2024
Jerome Powell, chairman of the US Federal Reserve, during the National Association of Business Economics (NABE) annual meeting in Nashville, Tennessee, US, on Monday, Sept. 30, 2024.
The Federal Reserve Is In No Rush To Cut Rates, Powell Says
By
Diccon Hyatt
Updated Sep 30, 2024
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California
Homes Are Changing Hands at Historically Low Rates. Here's Why
By
Andrew Kessel
Published Sep 30, 2024
Federal Reserve Chairman Jerome Powell at a news conference in Washington, D.C., March 2024
What To Expect in the Markets This Week
By
Terry Lane
Published Sep 29, 2024
Photo collage of modern high-rise buildings and Federal Reserve Chair Jerome Powell.
Will the Fed's Rate Cuts Save Commercial Real Estate?
By
Colin Laidley
Published Sep 28, 2024
Shipping containers at the Port of Houston Authority in September 2024
How a U.S. Port Strike Could Affect You
By
Lyle Niedens
Published Sep 28, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.
How Low Will Interest Rates Go? Powell Speech Monday Could Give Clues
By
Diccon Hyatt
Published Sep 27, 2024
A man pushes his cart down a grocery aisle while shopping for groceries.
Consumer Sentiment Rises Amid Cooling Inflation
By
Terry Lane
Published Sep 27, 2024
A customer shops for groceries at a grocery store on September 10, 2024 in San Rafael, California.
Inflation Falls to Lowest Level Since 2021, Boosting Hopes for More Interest Rate Cuts
By
Diccon Hyatt
Published Sep 27, 2024
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
After ‘Jumbo’ Rate Cut, This Fed Official is Pumping The Brakes on Expectations
By
Terry Lane
Published Sep 27, 2024
A "For Sale" sign in front of a home in Atlanta, Georgia, US, on Wednesday, Sept. 18, 2024.
Pending Home Sales Barely Rose From Record Low In August
By
Diccon Hyatt
Published Sep 26, 2024
Construction workers build a new apartment complex in Atlanta, Georgia, US, on Monday, Sept. 16, 2024.
The Job Market is Weakening. So Why Are Fewer People Filing For Unemployment?
By
Diccon Hyatt
Published Sep 26, 2024
Construction workers work on the roof of a house being built in Alhambra, California on September 23, 2024.
New Home Sales Slowed Less Than Expected In August
By
Diccon Hyatt
Updated Sep 25, 2024
Workers are seen on an assembly line for compactors at Volvo Construction Equipment plant on June 6, 2024 in Shippensburg, PA
US Economic Growth To Slow in 2025, OECD Says
By
Nisha Gopalan
Published Sep 25, 2024
Aerial view of rows of houses over Centerville, Maryland.
Expecting a Raise? Here's Why It Might Not Help You Buy a House
By
Diccon Hyatt
Published Sep 24, 2024
A "We're Hiring" sign in Atlanta, Georgia, US, on Wednesday, Sept. 18, 2024.
Consumers' Confidence in the Economy Just Dropped the Most in Three Years
By
Terry Lane
Published Sep 24, 2024
Left: Neel Kashkari, Middle: Raphael Bostic, Right: Austan Goolsbee
How Upcoming Economic Data Could Affect Fed's Decisions on Interest Rates
By
Terry Lane
Published Sep 23, 2024
Discounted meat is displayed at a grocery store on September 10, 2024 in San Rafael, California. According to Adobe’s Digital Price Index, prices for online groceries fell 3.7% in August compared to a month earlier, the largest month-over-month drop since 2014.
Another Key Inflation Report Is Due Friday. Here's What to Expect.
By
Diccon Hyatt
Published Sep 23, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
By
Diccon Hyatt
Published Sep 21, 2024
An illustration shows a mortgage being pulled from a home by a giant hand.
What Does The Fed Rate Cut Mean For the Housing Market?
By
Elizabeth Guevara
Published Sep 21, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
By
Terry Lane
Published Sep 20, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.
Jumbo Rate Cut Was To Defend ‘Basically Fine’ Economy, Powell Says
By
Diccon Hyatt
Updated Sep 19, 2024
Housing in San Jose, California, US, on Thursday, Sept. 5, 2024. The median home price in Silicon Valley topped $2 million in the second quarter, the first time a US metropolitan area has exceeded that threshold and symptom of the nation's persistent affordability challenge.
Home Sales Fell In August Despite Lower Mortgage Rates, More Inventory
By
Diccon Hyatt
Published Sep 19, 2024
A "Now Hiring" sign at an Advance Auto Parts store in San Leandro, California
Jobless Claims Fall to Lowest Levels Since May
By
Terry Lane
Published Sep 19, 2024
The Federal Reserve building and fed chair Jerome Powell
Federal Reserve Cuts Interest Rates For The First Time Since 2020
By
Diccon Hyatt
Updated Sep 19, 2024
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC.
Detangling the Dot Plot: The Fed Sees More Cuts Coming
By
Terry Lane
Published Sep 18, 2024
US Federal Reserve chairman Jerome Powell holds a press conference in Washington, DC, on September 18, 2024.
Federal Reserve Cut Its Influential Interest Rate Today (Live)
By
Taylor Tompkins
Updated Sep 18, 2024
A television station broadcasts the Federal Reserve's interest-rate cut on the floor of the New York Stock Exchange.
The Fed Went Big With Its First Rate Cut—Here's What Markets Think Will Happen Next
By
Colin Laidley
Published Sep 18, 2024
US Vice President Kamala Harris, right, and former US President Donald Trump during the second presidential debate at the Pennsylvania Convention Center in Philadelphia, Pennsylvania, US, on Tuesday, Sept. 10, 2024. Trump and Harris enter Tuesday's debate in search of the same goal, a moment that will help them gain the edge in a race polls show is essentially tied.
How the Plans of Kamala Harris and Donald Trump Could Affect the Deficit
By
Diccon Hyatt
Published Sep 17, 2024
Builders work on new house construction on September 03, 2024 in Old Bethpage, New York.
Homebuilding Outlook Improves As Mortgage Rates Fall
By
Diccon Hyatt
Published Sep 17, 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
What To Expect From Wednesday's Pivotal Federal Reserve Meeting
By
Diccon Hyatt
Updated Sep 17, 2024
An illustration shows people meeting around a table that looks like the Federal Reserve crest.
The Fed's Next Interest Rate Move Is Anyone's Guess—That's Unusual
By
Diccon Hyatt
Updated Sep 17, 2024
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Will Tuesday's Retail Sales Data Affect the Fed's Decision?
By
Terry Lane
Published Sep 17, 2024
A shopper walks through an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024.
Which US Cities Have the Highest and Lowest Inflation?
By
Terry Lane
Published Sep 16, 2024
The apartment building at 5800 Harold Way in Los Angeles, CA is under rent control.
The Cost of Renting Rose Last Year—by the Most in More Than a Decade
By
Elizabeth Guevara
Published Sep 16, 2024
A view of a bus shelter at Independence Avenue and 9th St's SW where an electronic billboard and a poster display the current U.S. National debt
A Record $1.2 Trillion Interest Payments Are Blowing Up The Federal Budget
By
Diccon Hyatt
Published Sep 13, 2024
A shopper takes a carton of eggs from the cooler in a grocery store in Washington, D.C., on Saturday, April 6, 2024.
Egg Prices Are Soaring Again. Here's Why
By
Lyle Niedens
Published Sep 13, 2024
Televisions at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024.
Consumers See Prices Dropping—And They Feel Better About the Economy
By
Terry Lane
Published Sep 13, 2024
Federal Reserve Chair Jerome Powell, during an Economic Club of Washington event in Washington, DC, on July 15, 2024.
Has The Federal Reserve Waited Too Long to Cut Interest Rates?
By
Terry Lane
Published Sep 12, 2024
A worker uses a computer to assemble printed circuit board at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania
Believe It Or Not, Incomes Rose 4% Last Year
By
Terry Lane
Published Sep 12, 2024
An empty warehouse space is ready for a new occupant to use.
Wholesale Inflation Report Keeps Fed on Course for Rate Cuts
By
Terry Lane
Published Sep 12, 2024
Former President Donald Trump and Vice President Kamala Harris at their debate on Tuesday.
The Harris-Trump Debate Led With an Economy Question. Here's What They Said
By
David Marino-Nachison
Published Sep 11, 2024
Traders on the New York Stock Exchange floor in early September.
What Traders Think Wednesday's Inflation Numbers Mean for Interest Rates
By
Taylor Tompkins
Published Sep 11, 2024
Side-by-side photos of Republican presidential candidate Donald Trump and Democratic candidate Kamala Harris speaking at campaign rallies.
Harris and Trump Could Clash Over These Economic Issues In Tuesday's Debate
By
Diccon Hyatt
Updated Sep 11, 2024
Customers shop at a supermarket on August 14, 2024 in Arlington, Virginia
Inflation Fell In August, With One Major Exception
By
Diccon Hyatt
Published Sep 11, 2024