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Core inflation rose to 2.9% in July, highest since February

The PCE report today was expected to show core inflation at 2.9% and headline inflation at 2.6%.

Industry 08-29

Core inflation rose to 2.9% in July, highest since February

The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%.

Industry 08-29

Higher inflation and unemployment cast shadow over Europe's biggest economy

A hotter-than-expected inflation reading for Germany came on the same day that figures showed unemployed jumped in August.

Industry 08-29

Higher inflation and unemployment cast shadow over Europe's biggest economy

A hotter-than-expected inflation reading for Germany came on the same day that figures showed unemployed jumped in August.

Industry 08-29

German inflation rises to hotter-than-expected 2.1% in August

Markets and economists are closely watching inflation figures around the world to assess the impact of U.S. President Donald Trump's tariff policies.

Industry 08-29
Fed's Favorite Inflation Indicator Shows No Signs Of Runaway Tariff Costs

Fed's Favorite Inflation Indicator Shows No Signs Of Runaway Tariff Costs

Having ticked higher in June, analysts expected headline PCE to be steady at +2.6% YoY in July and C

Industry 08-29

Denmark slashes 2025 growth forecast amid Novo Nordisk slowdown

Denmark on Friday cut its annual growth forecast to 1.4% from 3%.

Industry 08-29

Denmark slashes 2025 growth forecast amid Novo Nordisk slowdown

Denmark on Friday cut its annual growth forecast to 1.4% from 3%.

Industry 08-29

New inflation report may have major impact on your wallet

The Federal Reserves favorite inflation tracker for interest rate cuts sparks new debate.

Industry 08-29

Japan's automakers land in tough spot after latest US debacle

The U.S.-Japan trade agreement was supposedly signed weeks ago.

Industry 08-29

Surprising GDP report resets backdrop for stocks

The BEA released its latest take on second-quarter economic activity.

Industry 08-28

U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

Consumer spending, which rose by 1.6% compared with an initial 1.4% estimate, helped push the number higher.

Industry 08-28

U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

Consumer spending helped push the number higher, rising by 1.6% compared to an initial 1.4% estimate.

Industry 08-28
Q2 GDP Revised Sharply Higher As Data Center Investments Sharply Boost Growth

Q2 GDP Revised Sharply Higher As Data Center Investments Sharply Boost Growth

While the number mostly reflects a reversal of the tariff frontrunning seen in Q1 (which dragged GDP

Industry 08-28

Consumer confidence sends worrisome signal on economy, inflation

The Conference Board's Consumer Confidence Survey for August was released this week.

Industry 08-28

There is another update in the Spirit Airlines bankruptcy case

Spirit Airlines recently revealed that its ability to stay in business is in question.

Industry 08-27

Goldman Sachs Lays Out a Shock Brent Oil Scenario

The crude oil supply-demand balance points to a future few expected.

Industry 08-27
Jackson Hole's Parting Advice: Accept Even More Migrants To Offset Demographic Collapse, Or Else

Jackson Hole's Parting Advice: Accept Even More Migrants To Offset Demographic Collapse, Or Else

It was first tried in Europe and it was a catastrophic failure as millions of Syrian refugees and va

Industry 08-27

Morgan Stanley makes major change to Fed interest rate cut forecast

Morgan Stanley cites the Fed chairs recent remarks as reason to update its outlook.

Industry 08-27

German autos sector slashes jobs as economic woes bite

Germany's industry is suffering as Europe's largest economy is facing various headwinds.

Industry 08-26
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