Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.

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Lower Manhattan Skyline
The New York City Economic Tracker: January 22, 2024
Two adults and a child in a shopping cart buying groceries at a supermarket
US Economy News Today: Inflation Expectations Could Be Self-Fulfilling
San Francisco Federal Reserve President Mary Daly
Fed Official Daly Hammers Home 'Patience' Message On Rate Cut Timing
A man works in a manufacturing plant.
US Economy News Today: Fed Officials Say More "Work To Do" on Inflation Before Cutting Rates
Lael Brainard, director of the US National Economic Council, during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, DC, US, on Thursday, Jan. 11, 2024.
Grocery Sticker Shock May Alter Consumer Habits, Forcing Companies To Cut Prices: Brainard
A customer shops at a grocery store on February 13, 2024 in Chicago, Illinois.
January's Retail Sales Slump Raises Questions About US Consumer Strength
Customers queue in front of charity supermarket popup
UK and Japan Fell into Recessions at the End of Last Year
Guests make their purchases during the grand opening of Nordstrom Rack at Best of the West shopping center on May 18, 2023 in Las Vegas, Nevada.
US Economy News Today: Are Consumers Hitting A Wall With Their Spending?
A For Sale sign displayed in front of a home.
US Economy News Today: Mortgages Dip on Elevated Rates
Federal Reserve Chair Jerome Powell
Inflation Data Batters Markets as Investors' Hopes for a Spring Rate Cut Dim
Shoppers at the Reading Terminal Market in Philadelphia, Pennsylvania, US, on Monday, Feb. 12, 2024.
US Inflation, More Stubborn Than Expected, Edged Down To 3.1% in January
Woman shopping at discount grocery store
US Economy News Today: Investors Think Fed Rate Cut in May Less Likely After CPI
Ralph Lauren
US Economy Today: Consumer Sentiment Catches Up to Economy
Customers at supermarket in California
What You Need to Know Ahead of Tuesday's Closely Watched CPI Inflation Report
Meeting room
CEO Confidence in the US Economy is at a Two-Year High
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
US Economy Today: 2023's Disinflation Is Affirmed
The US Department of Labor Building on March 26, 2020, in Washington, DC.
US Economy Today: Unemployment Claims Edge Down
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
US Economy Today: Federal Reserve Officials Beat the 'Confidence' Drum
'Now Hiring' sign
US Economy Today: What Will Tuesday's Fed Speakers Add to the Rate Cut Conversation?
Couple learns how to fill out a personal loan application
Almost Every Kind of Loan Got Harder To Get in Fourth Quarter
Fed Chairman Jerome Powell.
US Economy Today: Fed Chair Reiterates the Importance of Timing
Customers at Apple store in New York City.
Why Does The US Economy Keep Beating Expectations?
Buildings under construction in China's Zhejiang province
China's 2024 Growth to Slow to 4.6%, Dragged by Weak Exports, Property Slump, Says IMF
Commuters arrive at Grand Central Madison during the morning rush hour as service begins from all train stations on February 27, 2023, in New York City.
January Was Scorching Hot For Hiring And Raises—Maybe Too Hot For The Fed
Workers install a roof on a rural building
One Of The Most Important Gauges of Economic Health is Working Again
Wide high angle shot of businesswoman leading project meeting at conference table in office
US Economy Today: What Even Is 'Greater Confidence' According to the Fed?
The Federal Reserve building in Washington
Fed Holds Key Interest Rate Steady, Says A March Cut is Unlikely
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC.
US Economy Today: Fed Unsurprisingly Holds Rates Steady
eople shop at a home improvement store in Brooklyn on January 25, 2024 in New York City.
Consumer Confidence Surges to the Highest Level in Two Years
A businesswoman giving a new employee a tour of the office
Employers Stayed In Hiring Mode In December
People walk by a now hiring sign posted in front of a CVS store on April 07, 2023 in San Rafael, California.
US Economy Today: JOLTS Shows Still-Strong Job Market
Lower Manhattan Skyline
The New York City Economic Tracker: January 8, 2024
A picture taken during an organised tour by Yemen's Huthi rebels on November 22, 2023 shows the Galaxy Leader cargo ship, seized by Huthi fighters two days earlier, at a port on the Red Sea in Yemen's province of Hodeida.
How Is This Suez Canal Slowdown Different From The Last? Businesses Are Better Prepared
A cargo ship travels on the Suez Canal in Ismailia Province, Egypt, Jan. 13, 2024.
Canal Crises Could Make Retailers Raise Prices
Steel workers adjusting position of brake press formed steel with crane.
US Economy Today: Borrowers Are Falling Behind on Their Bills
Hollywood actors SAG-AFTRA strike
Unions Scored Big Victories In 2023: Why Don't More People Join Them?
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC.
How Far Away Are Lower Interest Rates? Clues Might be Coming After Fed Meeting Wednesday
People shop at a home improvement store in Brooklyn on January 25, 2024 in New York City.
Income Rose, Inflation Cooled In December As US Economy Heads Toward Soft Landing
People shop at a home improvement store in Brooklyn on January 25, 2024 in New York City.
US Economy Today: Friday's PCE Report Points to Soft Landing
Traders work on the floor of the New York Stock Exchange.
Here's What Economists Thought About Thursday's GDP Growth
Shoppers at a store in New York City.
US Economic Growth Slowed in 4Q But Still Beat Expectations Despite High Interest Rates
A man works in a manufacturing plant.
US Economy Today: GDP Growth Slows But Still Beats Expectations
A "Sale Pending" sign in front of a home in Pinole, California, US, on Tuesday, Dec. 26, 2023.
US Economy Today: Strong Industry Trends Could Bolster GDP Reading
An aircraft maintenance engineer inspects a jet engine
What Thursday's Quarterly GDP Report Will Tell Us About the State of the US Economy
Lawrence Thomas pictured in his car at his home in Orange on Wednesday, March 9, 2022 is a delivery driver for Uber Eats, DoorDash and Grubhub and has completed over 6000 deliveries.
New Worker Classification Rule Could Disrupt the US Gig Economy
A woman fills her car with gas.
Consumer Sentiment Surges Higher Again as Inflation Fears Fade
Builder working on the frame of a new house
New Housing Construction Dipped in December, Permits Rose
Vehicles sit in a dealership lot.
Auto Market Could Favor Buyers in 2024 as High Inventories Push Prices Down, Incentives Up
Workers building a home review plans
Homebuilders See Brighter Future As Mortgage Rates Fall
A person carries shopping bags in the Americana at Brand shopping center on the day after Christmas on December 26, 2023 in Glendale, California.
Consumer Spending Beat Expectations Again in December
Federal Reserve
With Inflation Close to Target, Fed's Waller Says Rate Cuts Shouldn’t Be ‘Rushed’
A home health aide helps a woman down the stairs
Where the Minimum Wage Is Rising—and Why That Still Matters
A fuel distributor prepares a fuel refill hose at a Safeway gas station in Hercules, California, U.S., on Wednesday, June 22, 2022.
Wholesale Prices Fall for Third Straight Month. Will Consumer Inflation Follow?
A customer shops for bottled water at a Walmart Supercenter on January 10, 2024 in Austin, Texas.
Inflation Accelerated in December, Dimming Hopes For Imminent Fed Rate Cut
Lower Manhattan Skyline
The New York City Economic Tracker: December 18, 2023
Small business in Hampton, Georgia.
Improved Sales, Economic Outlook Push Small Business Optimism to 5-Month High
A Help Wanted sign seeking workers is on a window at Gino's Pizzeria & Restaurant on Main Street in Port Washington, New York, on January 5, 2022.
Labor Market Delivers Another ‘Shocker,’ Adds 216,000 Jobs
US Federal Reserve Board of Governors at the William McChesney Martin Jr. Federal Reserve building in Washington, DC, US
Fed Meeting Minutes Show Division on Interest Rate Path
An auto worker assembles an engine in a factory
Manufacturing Slowed in December, Capping Off a ‘Lousy’ Year
People play ultimate frisbee on the National Mall near the US Capitol in Washington, DC on January 2, 2024.
The National Debt Hit A Record $34 Trillion: How Much Should You Worry?