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Economy | LATEST STORIES
US News
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Andrew Moran
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.
May 07, 2024
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Andrew Moran
10 hours
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Australia News
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Monica O’Shea
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.
May 07, 2024
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Monica O’Shea
20 hours
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Inflation
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Andrew Moran
Federal Reserve Will ‘Eventually’ Cut Interest Rates: NY Fed’s John Williams
Patience is vital in bringing inflation back to target.
May 07, 2024
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Andrew Moran
23 hours
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US News
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Mary Prenon
Average Credit Card Debt In US Now Soaring Past $6,500
May 06, 2024
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Mary Prenon
May 06
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Business Columnists
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Russ Jones
Non-Compete Agreements Under Scrutiny, Leaders Respond
May 06, 2024
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Russ Jones
May 06
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Economic Policies
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Tom Ozimek
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.
May 04, 2024
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Tom Ozimek
May 04
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China Business & Economy
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Indrajit Basu
Politburo’s Property Destocking Will Not Be Easy, Analysts Say
May 04, 2024
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Indrajit Basu
May 04
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Business Columnists
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J.G. Collins
April Jobs Prints at 175,000, but With Signs of ‘Stagflation’
May 03, 2024
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J.G. Collins
May 03
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Economy
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Tom Ozimek
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.’
May 03, 2024
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Tom Ozimek
May 03
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Economy
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Andrew Moran
US Labor Market Cools Off After Less-Than-Expected 175,000 New Jobs
The unemployment rate ticks up to 3.9 percent.
May 03, 2024
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Andrew Moran
May 03
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Australia News
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Celene Ignacio
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.
May 02, 2024
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Celene Ignacio
May 02
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Business Columnists
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J.G. Collins
Dollar Sanctions in Ukraine Aid Package Risk Dollar Privilege
May 02, 2024
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J.G. Collins
May 02
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Australia News
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Monica O’Shea
Deadline Looms as Major Bank Gears up for Cashless Transition
The investment bank is phasing out all cash and cheque services in 2024.
May 02, 2024
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Monica O’Shea
May 02
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Opinion
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Law Ka-chung
Does Law of Congestion Apply to Hong Kong?
May 02, 2024
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Law Ka-chung
May 02
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US News
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Mark Gilman
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.
May 01, 2024
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Mark Gilman
May 01
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Inflation
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Andrew Moran
Fed Leaves Interest Rates Unchanged as ‘Inflation Risks’ Persist
Fed Chair Powell says his confidence in inflation moving back down is lower than before.
May 01, 2024
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Andrew Moran
May 01
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Business Columnists
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Michael Wilkerson
Japan’s Warning for America
May 01, 2024
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Michael Wilkerson
May 01
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Business & Markets
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Naveen Athrappully
Economic Expectations Gauge Plunges Signaling a Looming Recession
Over the next six months, it is estimated that fewer American consumers plan on buying homes or big-ticket appliances.
May 01, 2024
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Naveen Athrappully
May 01
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US News
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Tom Ozimek
Biden Administration’s New Climate Rules Add $31,000 to Price of New Home, Industry Groups Say
‘This senseless nationwide codes mandate will significantly raise housing costs,’ said NAHB chairman Carl Harris.
Apr 30, 2024
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Tom Ozimek
Apr 30
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US News
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Andrew Moran
Yellen Says Americans Are ‘Better Off’ Despite Higher Price Inflation
The Treasury Secretary refutes the Republican argument that President Joe Biden is raising taxes.
Apr 30, 2024
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Andrew Moran
Apr 30
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