Economy
Economy | LATEST STORIES
Biden on Economy: Americans Are ‘Personally in Good Shape’
‘The polling data has been wrong all along,’ the president said in a rare appearance on CNN.
Sen. Jon Tester Proposes Balanced Budget Amendment to Address Growing Debt
Washington should not ‘pass an unpayable bill onto our kids and grandkids,’ the democrat senator says.
Billionaire Ken Griffin Doesn’t See Fed Achieving 2 Percent Inflation Without ‘Real Recession’
Hedge fund manager expects central bank to cut interest rates in December.
Victoria’s Debt to Reach $190 Billion, About 25 Percent of Gross State Product
Treasurer Tim Pallas says the budget is about helping families and address inflation.
Federal Reserve Will ‘Eventually’ Cut Interest Rates: NY Fed’s John Williams
Patience is vital in bringing inflation back to target.
Elon Musk Issues Warning on Biden Admin’s Massive Deficit Spending
‘We need to do something about our national debt or the dollar will be worth nothing,’ Mr. Musk said.
Responding to Job Numbers, Trump Says He Expects Economy to Get Worse
‘Our economy’s bad,’ President Trump said. ‘And it’ll only get worse.’
US Labor Market Cools Off After Less-Than-Expected 175,000 New Jobs
The unemployment rate ticks up to 3.9 percent.
Australian Plant-Based Meat Sales Surge 47 Percent Between 2020 and 2023
Yet retail sales were slow due to ‘expectations around taste’ and the ‘higher price point’ of plant-based products.
Deadline Looms as Major Bank Gears up for Cashless Transition
The investment bank is phasing out all cash and cheque services in 2024.
Home Prices and Mortgages Aren’t Dropping Anytime Soon, Say Experts
Industry experts warn that buyers closing deals out of ‘fear of missing out’ may be ruining their financial futures.
Fed Leaves Interest Rates Unchanged as ‘Inflation Risks’ Persist
Fed Chair Powell says his confidence in inflation moving back down is lower than before.
