Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
Prices consumers pay for a variety of goods and services rose slightly in July, according to the Federal Reserve's…
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Economy
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks,…
The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase…
Bessent’s bond gambit aimed at calming markets is instead stirring inflation…
Scott Bessent, Treasury Secretary, speaking a the CNBC Invest in America Forum in Washington, D.C. on April 15th,…
Bessent’s efforts in the Treasury market so far haven’t worked.…
Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Aug. 20,…
Russia says its economy is strong. It just fired a top economist who warned…
People walk in front of a billboard honouring a participant in Russia's military action in Ukraine and reading…
The Iran war risks bringing the G7’s fastest-growing economy to a halt
England fans react during the England V Croatia in the 2026 FIFA World Cup match at Croydon Boxpark on June 17,…
Wholesale prices were flat in July, below expectations for 0.2% increase
Wholesale costs for goods and services were flat in July, the Bureau of Labor Statistics reported Thursday in the…
Manufacturing survey shows inflation worries ‘worse than pandemic…
A burst in factory activity shows the U.S. economy may be escaping the burden of tariffs and gaining manufacturing…
Job seekers giving up: Labor force participation rate falls to lowest in 50 years,…
A now hiring sign is posted in the window of a Chipotle restaurant on June 5, 2026 in Los Angeles, California.…
China widens Japan export curbs, targeting drone makers, nuclear firms and defense…
File photo: The Japanese national flag flies in front of the container pier in the Tokyo port.Toshifumi Kitamura |…