Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.
Construction crews work to build new homes in a subdivision by Tri Pointe Homes Colorado in Aurora Highlands, Colorado on April 8, 2024.
Why Are Homebuilders Down on the Market While Investors Are Gaining Confidence?
IMF logo
IMF Forecasts Slower US Growth, Higher-for-Longer Global Interest Rates
A view of the Port of Baltimore on June 12, 2024
How Unchanged Import Prices Could Be Good For Your Wallet
Federal Reserve Chair Jerome Powell, during an Economic Club of Washington event in Washington, DC, on July 15, 2024.
Traders Pricing in 100% Chance Fed Will Cut Interest Rates in September
An illustration shows various facets of the economy.
US Economy News Today: Import Prices Remained Steady in June
Federal Reserve Chairman Jerome Powell speaks during an interview with David Rubenstein for The Economic Club at the Marriott Marquis on July 15, 2024 in Washington, DC.
Fed Chair Jerome Powell Isn't Ready to Claim Victory Over Inflation Yet
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US Economy News Today: Powell Says He Sees Inflation Improvement
Residential buildings under construction in eastern China's Zhejiang province.
China’s Economy Grows Slower Than Forecast
An illustration shows homes with money behind it.
What to Expect in the Housing Market in the Second Half of the Year
Shoppers at a store in New York City.
High Prices Are Vexing Consumers, But They Expect That To Change
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US Economy News Today: Consumer Sentiment Declines Despite Easing Inflation Expectations
A worker moving boxes of bananas with a forklift
How Wholesale Inflation Could Temper Hopes of a Federal Reserve Rate Cut
A driver pumps gas at a Shell gas station in Washington, DC, US, on Tuesday, Nov. 28, 203. Gasoline prices have fallen for 60 consecutive days, the longest streak of declines in more than a year, letting American drivers pass on savings at the pump to consumer retailers during the US economy's all-important holiday season.
Will Gas Prices Continue to Drive an Inflation Slowdown?
A woman scanning groceries at self checkout line in Costco, Palm Beach, Florida.
Believe It Or Not: Lower Inflation and Higher Wages Have Made Paychecks Go Further
Federal Reserve Chair Jerome Powell
What's Next for the Fed's Fight Against Inflation?
A shopper enters an Aldi supermarket in Alhambra, Calif., in June.
Companies Are Seeing a Challenged U.S. Consumer as Earnings Season Starts
Hiring sign
Jobless Claims Lower as Fed Watches Labor Market Strength
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US Economy News Today: Jobless Claims Lower as Fed Watches Labor Market Strength
father son looking at a smartphone
Nearly Half of Gen Z Adults Say They're Getting Family Financial Help
Federal Reserve Bank Chair Jerome Powell speaks during a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary Policy Report at the U.S. Capitol on July 10, 2024
Americans Want Prices to Fall—The Fed Doesn't Want That to Happen
A shopper makes his way down an aisle at Vons market in Westchester, California on July 10, 2024.
Inflation Fell in June, Giving Consumers a Break and Adding to Fed Rate-Cut Hopes
Staff Working Behind Counter In Busy Coffee Shop
Minimum Wage Increases Could Result in Pay Raises, Layoffs, AI Adoption
 worker arranges peaches at a fruit stand in the Pike Place Market in Seattle, Washington, US, on Thursday, July 4, 2024.
What You Need to Know Ahead of Thursday's Key CPI Inflation Report
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US Economy News Today: Mortgage Demand Drops as High Rates Discourage Refinancing
A worker in a warehouse moves a refrigerator in a box.
US Wage Growth Shouldn't Spur Inflation, OECD Says
U.S. Secretary of the Treasury Janet Yellen testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on July 9, 2024 on Capitol Hill in Washington, DC.
US Treasury Secretary Says Housing Prices May Take More Time to Fall
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US Economy News Today: Yellen Says Housing Prices Will Take More Time to Fall
A man uses a credit card at the Pike Place Market in Seattle.
After Slowing in March, April, Outstanding Consumer Credit Grows in May
Travelers make their way through Orlando International Airport during the busy 2023 Labor Day holiday weekend
July 4 Air Travel Breaks Records as TSA Says It Screened 3 Million People Sunday
Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 06, 2024
What To Expect From Fed Chair Powell's Testimony in Congress This Week
An illustration shows various aspects of the economy including a home, gold, the Federal Reserve building, paychecks, a now hiring sign and a manufacturing conveyor belt.
Labor Market Cooling Boosts Hopes That Federal Reserve Will Cut Rates
Construction workers in Austin, Texas, US, on Tuesday, July 2, 2024.
US Job Growth Slowed in June as Unemployment Rate Rose to 4.1%
"Now Hiring" sign at a FedEx in New York City on June 7, 2024.
What To Expect From the Monthly Jobs Report Friday
Federal Reserve Building in Washington D.C
Fed Minutes Show Officials See Inflation Slowing, Economy Cooling
Lower Manhattan Skyline
The New York City Economy Tracker
Barbers cutting customers' hair
This Sector Is the Latest To Fall Because of the Fed's Inflation Fight
Image of Federal Reserve building
Are the Federal Reserve's High Interest Rates Working as Intended?
An illustration shows various facets of the economy.
US Economy News Today: Services Sector Activity Drops on Declining New Orders
Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024
Federal Reserve Officials Now See Balanced Risks in Fight Against Inflation
A 'Join Our Team' sign is posted outside a coffee shop on January 03, 2024 in Los Angeles, California.
Why Data on Job Openings is Closely Watched by the Federal Reserve
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US Economy News Today: Job Openings Surprise By Changing Little in May
Accredited journalists follow onscreen from the pressroom Jerome Powell, Chair, Board of Governors of the Federal Reserve System, delivering remarks during the Policy Panel with the President of the European Central Bank Christine Lagarde and Roberto Campos Neto, Governor, Banco Central do Brasil, and moderated by Sara Eisen, Anchor, CNBC, at the afternoon session during the second day of the 2024 European Central Bank Forum on Central Banking on July 02, 2024, in Sintra, Portugal.
Fed Chair Sees ‘Significant Progress’ on Inflation. What Does That Mean?
Construction in Pershing Square across from the Biltmore Hotel continues in Pershing Square Wednesday, June 19, 2024 in Los Angeles, CA.
The Fed's High Interest Rates Are Hampering Construction
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US Economy News Today: Construction Spending Declines on Fewer Projects
Metal workers using grinders on an assembly line
Here's How the Fed's High Interest Rates Have Affected Manufacturing
A bag is open to money and consumer goods.
Will The Pace of Consumer Spending Slow in the Second Half of 2024?
Drivers sit in traffic on southbound Interstate 5 during the afternoon commute heading into downtown San Diego on May 29, 2024 in San Diego, California
A Record 70.9M People Are Expected To Travel July 4th Week, AAA Forecasts
For Sale sign hangs in front of a house in Patchogue, New York
Homebuyers Are Fed Up With High Prices
A woman works from home with the number "35%" overlayed on top in a blue box.
Remote Work Is Here To Stay, New Data Shows
An illustration shows various facets of the economy.
US Economy News Today: Inflation Slowed in May, Buoying Rate Cut Hopes
An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024.
What Friday's Inflation Report Tells Us About Future Interest Rate Cuts
An airplane mechanic checking the jet engine while working on a private jet inside the hangar of a small general aviation airport in California.
What Orders on Items Like Planes and Computers Tell Us About the Economy
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US Economy News Today: Durable Goods Orders Higher in May, But Show Signs of Slowing Economy
Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024.
Why You Should Care About A Revision To the Country's Economic Growth Measure
Joe Biden, 2020 Democratic presidential nominee, right, and U.S. President Donald Trump speak during the U.S. presidential debate at Belmont University in Nashville, Tennessee, U.S., on Thursday, Oct. 22, 2020.
Trump and Biden Could Clash On These Money Matters In the First Debate Thursday
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US Economy News Today: New Home Sales Plunged in May
 An American flag flies outside the U.S. Capitol building on a clear, fall day on November 06, 2023 in Washington DC.
This Measure of National Debt is Highest Since World War II, Study Shows
Workers in an office.
Middle-Income Earners Turn To Spending Cuts, Second Jobs To Deal With Inflation
Two people looking at stock charts on a laptop and smartphone
More People Are Investing Money as Recession Fears Ease, Survey Shows
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US Economy News Today: Home Prices Hit Another All-Time High