U.S. budget deficit in June sinks 49% to $89 billion
admin The numbers: The U.S. budget deficit shrank 49% to $89 billion in June from $174…
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Is the U.S. headed for a recession? 58% of Americans think we’re in one now
Are we in a recession? Most Americans say yes, even though layoffs are near a…
Read MoreEuro takes fresh run toward parity after U.S. inflation hits 41 year high
Stronger-than-expected U.S. inflation provided the nudge to push the euro back toward parity against the…
Read MoreAvoiding a recession ‘increasingly challenging,’ says IMF, as it cuts U.S. growth forecast again
The International Monetary Fund has cut its forecast for U.S. growth for the second time…
Read MoreTreasury yields nudge lower and tension rises ahead of crucial CPI report
U.S. benchmark bond yields fell on Wednesday, though trading was cautious ahead of crucial inflation…
Read MoreThere’s a one-in-three chance of a recession by next year, new Fed paper concludes
There’s a 35% chance the U.S. enters a recession by the end of next year…
Read MoreOpinion: A recession can be avoided if Americans accept 4% inflation
Federal Reserve Chairman Jerome Powell now recognizes it will be difficult to avoid a recession,…
Read MoreU.S. stock futures inch higher ahead of CPI data that could show inflation at 40-year high
U.S. equity futures inched higher on Wednesday, though trading was timid ahead of U.S. data…
Read MoreSen. Hawley called transphobic in heated exchange with Berkeley professor over pregnancy
Sen. Josh Hawley and a law professor from Berkeley engaged in a heated back-and-forth about…
Read MoreGerman inflation rate fell in June thanks to temporary government interventions
Germany’s annual rate of inflation fell in June, confirming the first estimate, as there was…
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