The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession

Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ... Read More

You’re welcome, world: U.S. tariffs may cool inflation for the rest of the global economy

President Donald Trump’s tariffs haven’t hiked prices as much as expected, so far, but inflation in the U.S. is still ticking higher, representing an obstacle for highly anticipated rate cuts from the ... Read More

Rate cuts don't stimulate growth, U.S. economy is ‘slowing slowly' – JPMorgan

JPMorgan’s David Kelly discusses why U.S. economic growth is slowing, the limits of Fed rate cuts, and how policy uncertainty impacts markets. Read More

Global economy takes Trump shocks in stride, for now

One of the deepest early fears - of a trade war of steadily rising tariffs and a halt to global shipping - has not materialized. Read More

Why Trump's sweeping new tariffs are fueling stagflation concerns among economists

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ... Read More

Prices climbed less than expected in July, despite Trump's tariffs

Prices rose in recent months as Trump's tariffs took hold. Consumer prices rose 2.7% in July compared to a year ago, clocking in lower than economists expected and holding steady from the previous ... Read More

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this ... Read More

Week Ahead for FX, Bonds: U.S. PCE Inflation Data in Focus as Fed Rate Cut Looks Likely

U.S. PCE inflation data for July will be the key economic indicator in the coming week as investors anticipate that the Federal Reserve will probably cut interest rates next month. In Europe, ... Read More

Stock market may be obscuring 'important realities' about the U.S. economy

The U.S. stock market closed mostly lower Wednesday, as investors assessed minutes of the Federal Reserve's July meeting. The U.S. stock market remains not far off its record peak even after stumbling ... Read More

Prices climbed less than expected in July, despite Trump's tariffs

WASHINGTON -- Consumer prices rose 2.7% in July compared to a year ago, clocking in lower than economists expected and holding steady from the previous month. The reading defied fears of further price ... Read More