Economy News Us Economy Holds Firm In Early Q4 Inflation Stuck Above Fed S Target
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Here’s what the latest inflation and spending data reveals about the US economy
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More
Stocks Settle Higher as US Economic News Lifts Fed Rate Cut Expectations
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up by +0.91%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +1.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.58%. December E ... Read More
Fed cuts key rate by quarter percentage point for second time this year
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains have slowed this ... Read More
No recession risk for US economy as a whole after $11 billion shutdown hit, Bessent says
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he ... Read More
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