Economy Today - Search News

Powell says no 'risk-free' path

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year.

· 1d

Powell says no 'risk-free' path as Fed weighs rate cut amid shutdown

· 1d · on MSN

U.S. Treasury Yields Edge Lower as Fed’s Powell Hints at October Rate Cut

· 7h

Rupee climbs the most in four months on firm central bank intervention

The Indian rupee is poised to open a touch firmer on Wednesday, taking comfort from a softer dollar after U.S. Federal Reserve Chair Jerome Powell struck a dovish tone that reinforced bets more inter...

· 9h

Dollar drops versus euro and yen amid ongoing US-China trade friction

· 1d

Fed Chair Powell Keeps Door Open For Interest Rate Cuts

· 1d

Powell Signals Fed Is on Track to Keep Cutting Rates

Mr. Powell indicated an inclination to continue lowering interest rates despite the fact that the government shutdown is delaying crucial data releases, including September’s jobs report.

· 18h

Fed's Powell says economy on firmer footing, QT end in view

EconoTimes · 1d

U.S. Dollar Struggles as Fed Rate Cut Bets Rise Amid Renewed U.S.-China Tensions

1don MSN

Russia pushes back against Trump warning that the Russian economy is near collapse

By Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) -One of President Vladimir Putin's top economic officials on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse amid lines for gasoline in some regions.

17hon MSN

Shutdown may start costing economy $15B a day: Bessent

Treasury Secretary Scott Bessent said Wednesday that the ongoing government shutdown may start costing the economy as much as $15 billion per day. “We call on the moderate Democrats in the Senate

11hon MSN

Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

JPMorgan, Citigroup and Wells Fargo all used "resilient" to describe U.S. consumers — even as they grapple with tariffs and a weakening job market.

The Economist

Boom or bubble: what’s really going on with America’s economy?

Despite Donald Trump’s trade and immigration restrictions, America’s economy continues to grow, thanks in part to unprecedented exuberance about AI. Will that continue? Zanny Minton Beddoes, our editor-in-chief,

23hon MSN

Kremlin rejects Trump's view that the Russian economy could collapse

By Guy Faulconbridge, Olesya Astakhova and Gleb Stolyarov MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse,

15h

Fed: Economy Flat in October With Weak Demand for Labor and Higher Prices

The ‘beige book’ survey of regional conditions showed a subdued economy facing inflation and little or modest growth.

1don MSN

US Economy Warning Issued as Shutdown Hits Americans

The federal government shutdown, which began on October 1, is now in its third week with no resolution in sight.

The Economist

Never mind America’s real economy. Its deal economy is booming

Nvidia has become the world’s most valuable firm because its chips are the AI industry’s physical lynchpin. Increasingly, its deals are the financial equivalent. According to PitchBook, a data provider, Nvidia has invested in 50 firms this year alone. Many are tiny: at the end of July the firm valued its ownership of private companies at just $4bn.

4hon MSN

UK economy edges up in August after fall in July

Britain's economy returned to growth in August when it expanded by a marginal 0.1% from July, official data showed on Thursday, offering some relief to finance minister Rachel Reeves as she prepares for her budget speech next month.