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S&P Global’s investment manager index survey says most sectors are losing favor with investors. What’s going on?
Goldman Sachs economists predict rate reductions next year based on declining inflation, which would make high rates unnecessary.
The July retail sales report found that Americans are spending more than last year in most categories. Will that be a problem?
Households feel their finances have been improving, the New York Fed says. But Americans appear to be racking up more credit card debt.
Year-over-year inflation figures grab a lot of attention when the Labor Department reports its monthly consumer price index. But those 12-month figures can gloss over the recent slowdown in inflation.
China is the world’s top exporter, and its trade data is a barometer for consumer spending around the world.
After China lifted its zero-COVID policy, economists expected the economy to come roaring back. That hasn’t quite happened.
Manufacturing slowed in July, but consumer demand and a strong service sector are shoring up the U.S. economy.
The investor and college president calls the Fed’s stance backward-looking and worries that more rate hikes may lead to a recession.
The Labor Department says worker output is up while average hours worked is down. That could help bring down inflation going forward.