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Economy
PCE inflation October 2024
Inflation rose slightly in October as the Federal Reserve looks for guidance on how much it should cut interest rates, the Commerce Department reported…
Inflation within the Eurozone, November 2024
The stands at the 590th Dresden Striezelmarkt are brightly lit for the opening.Sebastian Kahnert | Picture Alliance | Getty ImagesThe annual inflation rate in…
India's quarterly development falls to a close to two-year low, nicely beneath expectations
Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty ImagesIndia's economy grew just 5.4% in the second fiscal quarter…
These economists say AI can enhance U.S. monetary well being
Can artificial intelligence be so transformative that it solves one of the U.S. economy's biggest problems: its skyrocketing budget deficit? According to…
Goldman Sachs estimates Trump's proposed tariff will increase would enhance inflation by…
President-elect Donald Trump speaks at the U.S.-Mexico border south of Sierra Vista, Arizona, on August 22, 2024. Rebecca Noble | Getty Images News | Getty…
Markets are hailing Bessent's success as head of Trump's Treasury Division
Scott Bessent, Founder and CEO of Key Square Group LP, during an interview in Washington, DC, June 7, 2024.Stefani Reynolds | Bloomberg | Getty ImagesThe U.S.…
Can Saudi Arabia sustain with its megaproject shopping for spree?
Digital representation of the NEOM project The Line in Saudi ArabiaThe line, NEOMIn Saudi Arabia's northwestern desert lies a sprawling construction site…
Trump might later nominate Kevin Warsh as Treasury secretary and later as Fed chair, a report says
Kevin WarshJin Lee | Bloomberg | Getty ImagesAccording to a Wall Street Journal report, President-elect Donald Trump is considering nominating Kevin Warsh as…
Donald Trump chooses hedge fund supervisor Scott Bessent as Treasury Secretary
Scott Bessent, Founder and CEO of Key Square Group LP, during an interview in Washington, DC, USA, on Friday, June 7, 2024.Stefani Reynolds | Bloomberg | Getty…
Trump and Fed Chairman Powell may very well be on a collision course in relation to rates of…
Jerome Powell and President Donald Trump during a nomination announcement in the Rose Garden of the White House in Washington, DC, USA, on Thursday, November 2,…