Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut
An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…
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.
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government…
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Thursday, May 16,…
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Golden Horn and Bosphorus at sunset, Istanbul, TurkeyMatteo Colombo | Digitalvision | Getty ImagesTurkey came out miles ahead of the…
Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
Republican presidential nominee and former U.S. President Donald Trump raises his fist during Day 1 of the Republican National Convention…
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple…
IMF upgrades UK growth forecast in another boost to new Labour government
Seen through the branches of trees in Ruskin Park are the lit porches of terraced period homes and in the…
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut…
Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy
[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a…
With odds of a Trump win rising, here’s what it could mean for Europe’s economy
Former US President Donald Trump during a campaign event at Trump National Doral Golf Club in Miami, Florida, US, on…
The housing market, explained in 6 charts
Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September…
With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’
A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty ImagesWhen Rachel Burress…
Wholesale prices rose 0.2% in June, slightly hotter than expected
A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will…
‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington,…
Inflation falls 0.1% in June from prior month, helping case for lower rates
The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…
UK economy returns to growth in May, beating expectations as British pound hits four-month high
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial…
Key inflation report looms on Thursday as traders grow more confident in Fed rate cut
An Aldi supermarket in Alhambra, California, on June 27, 2024.Eric Thayer | Bloomberg | Getty ImagesA widely anticipated inflation report…
Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington,…
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
Jobseekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26,…
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department…
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