Morning Bid: Red Hot Retail Readout Drives US Economy and Dollar

A look at the day ahead in U.S. and global markets from Mike Dolan With Middle East anxiety still brewing in the background, the red hot ... Tuesday's news of a spluttering March for China's ... Read More

The U.S. economy hasn’t been on a hot streak like this in two decades

The U.S. economy is guilty of speeding. After another burst of growth in early 2024, the economy is on track to expand by at least 2% for the seventh quarter in a row. Just how impressive an ... Read More

Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says

Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other ... Read More

The U.S. economy is looking red-hot this year while China is showing signs of fatigue, top economists say

The U.S. economy is hot, and China’s is so not ... “Astonishingly, the U.S. economy has already surged past its prepandemic trend,” economists for the IMF wrote. Meanwhile, China’s ... Read More

Investors increasingly expect 'no landing' for US economy

A growing number of investors believe the US economy is headed for a "no landing" scenario, in which inflation doesn't reach the Fed's 2% target, but the US economy keeps growing. Thirty-six ... Read More

Fund managers bullish on global economy, shifting to stocks, commodities – BofA

Cash levels in April fell to 4.2% of assets under management from 4.4% a month prior, while investors unloaded bonds at a pace not seen since July 2003. Indeed, investors reported they were a net ... Read More

Economy News

cut red tape, and transform our city from the ground up." The Fed's unlikely to slash interest rates when inflation remains elevated and the economy's in good shape, Bridgewater's Karen Karniol ... Read More

Stock moves suggest belief in 'no landing' economy, Morgan Stanley says

NEW YORK (Reuters) - Recent action in the U.S. stock market suggests ... For months, investors have been bracing for a "soft landing" for the economy, which sees tepid growth alongside inflation ... Read More