Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve’s…
Global Economy News, Financial Trends & Market Analysis
Stay updated with the latest economy news, inflation reports, GDP growth updates, Federal Reserve decisions, and global financial developments at StockXpo. Our expert-driven economy coverage helps readers understand market movements, economic trends, and worldwide financial changes with simple and informative analysis.
Fed Governor Bowman favors July interest rate cut if inflation stays low
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets…
The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect
Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on…
Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer…
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia.Sha Hanting | China News Service | Getty…
UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of…
Here are the three reasons why tariffs have yet to drive inflation higher
Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread…
U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023.Saul Loeb | Afp |…
U.S. inflation rises 0.1% in May from prior month, less than expected
Consumer prices rose less than expected in May as President Donald Trump‘s tariffs had yet to show significant impact on…
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1,…
World Bank sharply cuts global growth outlook on trade turbulence
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg,…
Bulgaria is set to join the euro zone. But its citizens aren’t convinced
A person beats a drum with the euro logo crossed out in red on the drumhead during a demonstration against…
CEO recession expectations decline from April scare, survey says
Alexander Spatari | Moment | Getty ImagesBusiness leaders are walking back recessionary expectations for the U.S. that initially spiked in…
Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
Fruit and vegetables are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | Afp…
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the…
The world could be facing another ‘China shock,’ but it comes with a silver-lining
Singapore-based online grocery retailer Webuy staff is offloading containers filled with goods shipped from China.SINGAPORE — Vincent Xue runs an…
Friday’s jobs report likely will show hiring cooled in May. Here’s what to expect
A “We’re Hiring” sign at a NC Department of Adult Correction booth at a job and resource fair hosted by…
Trade deficit fell by a record amount in April as demand dropped for imports
The U.S. deficit with its global trading partners tumbled by the largest amount on record in April as companies and…
Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
A store closing sign is displayed as customers shop during the last day of a store closing sale at a…
Most companies are already raising prices or plan to because of tariffs, data shows
Johnson & Johnson manufacturing facility in Wilson, North Carolina.Courtesy: Johnson & JohnsonData from the New York Federal Reserve shows a…
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