U.S. inflation is likely ‘far stickier’ and could last a decade, Bill…
U.S. inflation is likely to be "far stickier" and could last a decade, according to Bill Smead, chief investment…
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Economy
Russia’s budget deficit has surged. But economists say Moscow won’t…
Men wearing military uniform walk along Red Square in front of St. Basil's Cathedral in central Moscow on February…
Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price…
Wholesale prices rose 0.7% in January, more than expected, fueling inflation…
Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the…
Consumer debt hits record $16.9 trillion as delinquencies also rise
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit…
Retail sales jump 3% in January, smashing expectations despite inflation increase
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation…
Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago
Inflation turned higher to start 2023, as rising shelter, gas and fuel prices took their toll on consumers, the…
Here’s where the jobs will be during the rolling recessions
A Now Hiring sign is seen inside a WholeFoods store in New York City.Adam Jeffery | CNBCRecession-like conditions…
Global economy is heading into a decade of low growth, economist says
The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief…
Nonfarm payrolls rose 223,000 in December, as strong jobs market tops expectations
Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains…