Category: Economy News

Atlanta Federal Reserve President Raphael Bostic suggested on Wednesday that he is prepared to begin lowering Interest rates despite ongoing Inflation exceeding the Central bank‘s target. Previously considered a more

China’s property market saw a significant decline in new home prices in August, marking the fastest fall in over nine years. Official data revealed a 5.3% decrease in new home

Job openings reached a 3 1/2 year low in July, according to the latest data from the Labor Department, indicating slack in the labor market. The Job Openings and Labor

Water shortages in Cuba are causing increasing unrest, particularly in Havana, as residents already struggling with food, fuel, and electricity shortages now face additional challenges. Around 600,000 people, representing more

The relationship between the 10-year and 2-year Treasury yield briefly normalized on Wednesday, reversing a classic recession indicator. Economic news showed a sharp decline in job openings, and dovish remarks

Goldman Sachs reiterated its prediction for a 0.25% interest rate cut at the upcoming Federal Open Market Committee meeting, countering speculations of a more aggressive reduction. Former New York Federal

In August, layoffs reached their highest level in 15 years, according to outplacement firm Challenger, Gray & Christmas. Announced job cuts totaled 75,891 for the month, a 193% increase from

US Stocks rose on Friday, with gold hitting record highs, as investors speculated on the possibility of the Federal Reserve making a more aggressive move to cut rates at its

Private sector payrolls saw the slowest growth in over three and a half years in August, with ADP reporting that companies added just 99,000 workers during the month. This figure

The Federal Reserve is poised to make a decision on Interest rates, with expectations split between a 25 or 50 basis point cut. While Inflation data has shifted expectations towards