Economy
Economy & Macroeconomics News
Fed policy, inflation data, GDP growth, employment reports, and global economic trends.
Economy
Core CPI beats forecasts, Fed rate hike odds climb past 73%
Core CPI rose 0.3% in August, above the 0.2% forecast, while headline matched expectations. Fed rate hike odds now excee
Economy
Trump's $5,000 dividend plan: $1.2T cost sparks debt and inflation worries
Trump's $5,000 dividend plan for 240M adults could cost $1.2T, raising debt, inflation, and funding concerns. Congress a
Economy
US producer prices climb 0.4% in August as energy costs rebound
US producer prices rose 0.4% in August, matching forecasts, as energy costs rebounded. Core PPI increased 0.2%, below ex
Economy
Anthropic's 2030 AI scenarios: GDP swings from +1.6% to +32%
Anthropic's new research sketches three AI adoption scenarios through 2030, ranging from modest GDP gains to extreme dis
Economy
August CPI report set to guide Fed's next rate move
August CPI data due Friday will likely shape the Fed's September rate decision. Core inflation expected to ease to 2.4%,
Economy
Jobless claims edge up to 206K as labor market stays in slow-hire mode
Initial jobless claims rose slightly to 206,000, reflecting a labor market that remains stable but cautious, with employ
Economy
US layoffs jump 58% in August but hit lowest level for month since 2022
US employers announced 52,881 job cuts in August, up 58% from July but down 38% from a year ago, marking the lowest Augu
Economy
ADP: US private payrolls add just 38K in August, weakest since January
US private employers added just 38,000 jobs in August, the smallest increase since January, signaling a cooling labor ma
Economy
US job openings edge up to 7.27M in July, but hiring slows sharply
Job openings rose to 7.27 million in July, but hiring dropped sharply. Layoffs remained low, pointing to a cautious labo
Economy
Why investors should track payrolls, claims, ADP, and JOLTS data
Jobless claims, ADP, payrolls, and JOLTS each measure distinct aspects of the labor market. Understanding them helps inv
Economy
Warsh: Persistent Inflation May Force More Fed Rate Hikes
Fed Chair Kevin Warsh signaled more rate hikes may be needed if inflation doesn't cool, with PCE at 3.7% and broad price
Economy
Core PCE Stays Sticky at 3.3% as Wholesale Prices Signal Persistent Inflation
Core PCE inflation remains stuck at 3.3%, far above the Fed's 2% target, while core PPI at 4.2% signals persistent whole