Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
admin Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat…
Read Moreeconomic performance
US consumer outlook improves in August as inflation expectations fall to 8-month low
The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices…
Read MoreGerman consumer sentiment expected to drop to new record low in September
Consumer confidence in Germany is set to fall in September to an all-time low, as…
Read MoreU.S. stocks climb as strong economic data lifts sentiment ahead of Powell speech
U.S. stocks traded higher on Thursday with the main benchmarks headed for back-to-back gains as…
Read MoreGDP shrank at 0.6% annual pace in second quarter, but it wasn’t all bad news
The numbers: The economy contracted at an annual 0.6% pace in the second quarter, updated…
Read MoreJobless claims fall to one-month low of 243,000 with no sign of surging layoffs
The numbers: The number of people who applied for unemployment benefits last week fell to…
Read MoreGerman Business Sentiment Posts Small Decline in August
By Maria Martinez Business confidence in Germany worsened slightly in August as companies turned more…
Read MoreU.S. pending home sales slip again in July as market cools, but mortgage rates show signs of stabilizing
The numbers: U.S. pending-home sales fell in July by 1% , according to the monthly…
Read MoreDurable-goods orders flat, but businesses invest more in good sign for economy
The numbers: Orders at U.S. factories for long-lasting goods fell flat in July because of…
Read MoreU.K. inflation could surge to 19% by next year, Citi economist says
Just as consumers are getting used to double-digit inflation, a new forecast says U.K. inflation…
Read More