US Economy News Today: Consumer Sentiment at Lowest Point Since Last Year

Today, inflation cooled and we look ahead to what that means for the Federal Reserve's upcoming meeting. Read More

What you need to know about America’s shockingly good economic report

The US economy ... even as economic growth accelerated. That’s a crucial development for the Federal Reserve, which is widely expected to pare back interest rates from a 23-year high in the coming ... Read More

China’s Gloomy Economy Makes US, Europe Oil Costly in Asia

China’s lackluster economy is helping to make oil from the US and Europe increasingly uncompetitive in Asia, where refiners are set to favor supply that’s closer to home. Read More

US economy regains speed in second quarter; price pressures easing

The U.S. economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ... Read More

US Economy News Today: Fed Chair Jerome Powell is Looking More Dovish

China's central bank cut its lending rate in a surprise move and economy watchers attempt to digest what Kamala Harris' candidacy would mean on the fiscal policy front. Read More

News updates from July 25: US economy grows 2.8% in second quarter; Ackman slashes IPO fundraising target

Boeing on Wednesday pleaded guilty to one count of fraud, in an agreement that laid out how the company failed to meet the terms of an earlier deal with prosecutors. Read More

Why US offshore wind power is struggling – the good, the bad and the opportunity

Two new wind farms began producing power in 2024, but several canceled contracts have left a dark cloud over the industry. A wind power expert explains why US offshore wind has been slow to scale up. Read More

Is Milan becoming Europe's new financial hub?

The well-heeled are increasingly fleeing Europe’s traditionalfinancial hubs for Italy’s, such as Milan. It’s not hard to see why ... Read More

Bill Ackman’s Pershing Square to Go Ahead With IPO

The NYSE says that the listing was “pending on a date to be announced.” ... Read More

US Trade Deficit with China Smallest Since 2010?

This claim has appeared on social media platforms, especially on X, since February 2024. A country's trade surplus or deficit is the result of a simple subtraction: exported goods minus imported ... Read More

Live news: US new home sales fall unexpectedly in June

EasyJet reassured investors that demand for travel was strong as it reported rising profits and forecast that airfares would hold steady during the key summer months. Read More

Voters in crucial blocs reveal why they’re done with Biden ahead of 2024 presidential debate

“I’m Mexican, and my family immigrated to the US. So in 2016 ... “There’s no way I would ever vote again for the man behind such a weak economy. I care too much about my kids,” Lansing ... Read More