Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows
A shopper pays with a credit card at the farmer’s market in San Francisco on March 27, 2025.Bloomberg | Bloomberg…
Global Economy News, Financial Trends & Market Analysis
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Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase,…
#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
Christina Locopo | CNBCFor economists, harbingers of a recession can include a slowdown in consumer spending and rising unemployment.For the…
Trump’s tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says
The White House’s protectionist policies could hit the U.S. harder than Europe in the short term, Banco Santander‘s executive chair…
Trump’s tariffs are making the ECB’s interest rate path ‘more complicated,’ policymaker says
U.S. President Donald Trump’s tariff policies are making the path ahead for European Central Bank interest rates “more complicated,” according…
Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
Treasury Secretary Janet Yellen speaking with CNBC’s Sara Eisen (not shown) at the U.S Treasury Department on Jan. 8th, 2024.CNBCFormer…
Consumer confidence in where the economy is headed hits 12-year low
Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.Kevin…
The probability of a recession is approaching 50%, Deutsche markets survey finds
U.S. dollar banknotes and a label with the word “Recession” are seen in this illustration taken March 19, 2025.Dado Ruvic…
Investors’ optimism is growing around the UK economy as U.S.-EU trade disputes mount
LONDON — Some investors are expressing a growing optimism about the U.K.’s economic outlook despite the country’s long-standing structural weaknesses,…
Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are…
Accenture is DOGE’s first corporate casualty as shares dive on warning that contracts will be cut
Accenture signage is pictured in Warsaw, Poland, on Aug. 7, 2024.leksander Kalka | Nurphoto | Getty ImagesShares of Accenture slid…
Accenture is DOGE’s first corporate casualty as shares dive on warning contracts will be cut
Accenture signage is pictured in Warsaw, Poland, on Aug. 7, 2024.leksander Kalka | Nurphoto | Getty ImagesShares of Accenture slid…
U.S. households are running out of emergency funds as pandemic cash runs out, inflation takes its toll
Vithun Khamsong | Moment | Getty ImagesIt is becoming harder for Americans to raise funds in case of an emergency,…
Trump says the Fed should cut rates to ease the economy’s transition to his tariffs
U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at…
‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts
The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve.Economic projections the central…
Bank of England expected to keep rates on hold amid headwinds it can’t fully predict or control
The Bank of England in London on Feb. 12, 2024.Henry Nicholls | Afp | Getty ImagesThe Bank of England is…
Retail sales increased 0.2% in February, though spending up less than expected
Consumers spent at a slower-than-expected pace in February, though underlying readings indicated that sales still grew at a solid pace…
U.S. and global economic outlooks cut by OECD as Trump’s trade tariffs weigh on growth
Both U.S. and global economic growth is set to be lower than previously projected as President Donald Trump’s proposed tariffs…
Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused…
‘See you in four years’: Canada flexes economic muscle as tariff negotiations continue
A “Shop Canadian” sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. Liang…
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