IMF: Outlook for world economy is brighter, though still modest by historical standards

The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing st ... Read More

IMF raises growth forecast for ‘overheated’ US economy and urges caution on rate cuts

The US economy’s standout performance will be a major driver of global growth this year but could make America’s inflation problem harder to solve, according to the International Monetary Fund. Read More

US Economy News Today: Job Loss Fears Reach Nearly Four-Year High

Treasury Secretary Janet Yellen said future discussions between the U.S. and China will focus on having Beijing shift its industrial and economic policies. Economists get some insight into consumers' ... Read More

US Economy News Today: Could Consumer Spending Stall Rate Cuts?

Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ... Read More

Economy

April 12, 2024 • Money makes the world go around ... tracks down the economists, investors and regular folks who are trying to make sense of the rapidly changing global economy. Read More

The economy, and inflation, are revving up at a terrible time for Biden

The booming economy is exacerbating a key vulnerability for President Biden heading into the height of campaign season, as inflation and interest rates could remain higher until deep into the final ... Read More

With inflation back up, the long-predicted storm clouds in the economy may actually be forming

Progress on inflation is moving in the wrong direction. The latest Consumer Price Index, released Wednesday, showed that annual inflation ticked up to 3.5% in March from 3.2% in February. That marked ... Read More

What does conflict in the middle east mean for oil prices and the economy?

Tensions in the middle east escalated over the weekend with Iran’s drone and missile strike on Israel – but oil prices fell lower on Monday morning. What’s next for inflation and the economy? Read More

How Ozempic could change the economy as we know it

Ozempic has taken the world by storm thanks to how it can help people lose weight, but it could also mean so much more for the economy ... prices will come down and make these products more ... Read More

The upside of recessions

Retirees didn't seem to be getting better care, even though rising unemployment rates made it easier for nursing homes to staff up. So what could ... go in striking a healthy balance between ... Read More

This airline updated its premium economy service: How that impacts your next long-haul trip

Confusingly, many airlines also call economy seats that have extra legroom “premium economy” on domestic flights, but here ... up from economy but not so good that people trade down from ... Read More

Mortgage applications are down. Here's why buyers may want to act now.

With mortgage applications down on a weekly basis, it could make more sense to act now. Here's why Find out how affordable your mortgage loan could be now. The probability of your offer being ... Read More