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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.
Euro zone inflation eases to 2.5% as core print misses estimate
Headline inflation in the euro area dipped to 2.5% in June, the European Union’s statistics agency said Tuesday, while the…
A new index is using AI tools to measure U.S. economic growth in a broader way
David A. Steinberg, CEO of Zeta Global Holdings, at the New York Stock Exchange.Source: NYSEMeasuring the strength of the sprawling…
Financial crimes watchdog removes Turkey from money laundering ‘gray list’
As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the…
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
An important economic measure for the Federal Reserve showed Friday that inflation during May slowed to its lowest annual rate…
Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
A Levi’s store at the Orlando Vineland Premium Outlets in Florida.Jeff Greenberg | Universal Images Group | Getty ImagesIn a…
There’s a big Fed inflation reading coming Friday. Here’s what to expect
People purchase beverages in a store on a sweltering afternoon in Brooklyn, New York, on the first day of summer…
Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
GP: American flag and Chinese flagMatt Anderson Photography | Moment | Getty ImagesA recent survey of Chinese enterprises in the…
Fed Governor Bowman says she’s still open to raising rates if inflation doesn’t improve
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she…
Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut
General view of the Bank of England building in London.Sopa Images | Lightrocket | Getty ImagesLONDON — The Bank of…
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S., calls for further integration
IMF Managing Director Kristalina Georgieva arrives at a briefing in Washington, D.C., on Friday, April 19, 2024.Bloomberg | Bloomberg |…
Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21,…
These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
Participants during the snowboarding activity with the Hoods to Woods Foundation at Big Snow American Dream in East Rutherford, New…
UK inflation falls to Bank of England’s 2% target ahead of elections
Shoppers on the high street in the Kingston district of London, U.K.Bloomberg | Bloomberg | Getty ImagesU.K. inflation fell to…
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
Economist Claudia Sahm on CNBC’s The Exchange.CNBCThe Federal Reserve is risking tipping the economy into contraction by not cutting interest…
May retail sales rise 0.1%, weaker than expected
A worker assists with check-out at a Costco store in Teterboro, New Jersey, US, on Wednesday, Feb. 28, 2024. Stephanie Keith…
Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending…
Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level
Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where…
Wholesale prices unexpectedly fell 0.2% in May
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back.The producer…
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…
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