Top Wall Street execs are getting skeptical on the Fed’s easing path
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange…
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.
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C.…
Here’s where the jobs are for October 2024 – in one chart
Getty ImagesThe jobs report for October came in much weaker than expected, and employment growth across different industries painted a…
Jobless rate ticks higher in October for white Americans, bucking the broader trend
A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx…
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast…
Friday’s jobs report is expected to show the slowest pace of hiring in years
Hiring signs outside a Stewart’s gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg…
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.The…
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
Line-up of pumpkins in the Netherlands, on Oct. 27, 2024.Nurphoto | Nurphoto | Getty ImagesInflation in the 20-nation euro zone…
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia’s finance minister said, expressing…
Ray Dalio concerned about America postelection: ‘Both candidates worry me’
Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America…
Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
Private job creation burst to its highest level in more than a year during October, despite a devastating storm season…
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong…
Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession
Passers-by walk in the pedestrian zone of the Bavarian capital.Peter Kneffel | Picture Alliance | Getty ImagesGermany’s inflation surged to…
Euro zone growth hits two-year high of 0.4%, beating expectations
People walk down the iconic Alcalá street on a very hot afternoon in Madrid, Spain.Miguel Pereira | Getty Images News…
Vista’s Robert Smith: How to prevent AI from further widening the racial wealth gap
Human resources and technology concept for AI augmenting team work.Leowolfert | Istock | Getty ImagesThe rise of artificial intelligence (AI)…
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year…
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…
German finance minister warns of retaliation if U.S. kicks off trade war
Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of…
Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation
09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the…
China schedules meeting expected to reveal fiscal stimulus details
A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023.Jade Gao | Afp…
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