Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales.
The European Central Bank cut interest rates again Thursday and signalled more to come as the eurozone economy flatlines, while ...
Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025, which would lower rates to near 2 per cent.
Smith said that the top federal tax rate will Increase to 43.4% for 26 million small businesses if Congress fails to act and allows the Section 199A Small Business Deduction to expire.
“Immediate response: Yields down, Dollar down, $ETH vs. $BTC up strongly, Altcoins surging,” Crypto trader, analyst and entrepreneur Michaël van de Poppe wrote in part of a reaction on X, calling the ...
Lagarde warns of trade risks as ECB cuts rates, pressuring the US Dollar Index. DXY slides while the euro recovers—will forex markets see further volatility?
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The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, ...
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal Reserve won’t ease again until 2026.
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
During the disorienting flurry of Trump's executive orders, Fed Chair Powell issued an edict of his own. He's defending the ...
Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...