Job openings fell more than expected in July in another sign of labor market softening
Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign…
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.
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBCAtlanta Federal Reserve President Raphael Bostic signaled Wednesday that…
Weak manufacturing measures raise specter of U.S. economic slowdown
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel…
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…
The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting | China News Service | Getty…
Increased sausage demand could be worrying signal on the economy
A meat counter showing a variety of sausages at a Fred Meyer grocery store, a sub of Kroger, in Palmer,…
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia is moving full steam ahead with its focus on domestic investment…
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Getty ImagesContrary to what…
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…
U.S. job growth revised down by the most since 2009. Why this time is different
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena…
Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in…
Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in…
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor…
Egg prices are rising once again as bird flu limits supply
Luke Sharrett/Bloomberg via Getty ImagesEgg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned…
Consumer spending jumped in July as retail sales were up 1%, much better than expected
Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce…
UK economy expands 0.6% in second quarter; June growth stalls
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday,…
Annual inflation rate slows to 2.9% in July, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even…
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