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Newsmax » Economy
1d ago
President Vladimir Putin said Friday U.S. sanctions policy was undermining confidence in the dollar and that Russia and China would find a way to stop the threat of measures against Chinese banks from disrupting their burgeoning trade ..read more
Newsmax » Economy
2d ago
Data this week offered the U.S. Federal Reserve good news on two fronts but policymakers haven't openly shifted views yet about the timing of rate cuts investors are convinced will start this year ..read more
Newsmax » Economy
3d ago
In our country's nearly 248-year history, there have been many important dates, such as July 4, 1776; April 9, 1865; Dec. 7, 1941; and Sept. 11, 2001. Yet there is an upcoming date that is arguably even more important: Nov. 5, 2024 ..read more
Newsmax » Economy
3d ago
Retail sales in April were unchanged from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome ..read more
Newsmax » Economy
3d ago
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut ..read more
Newsmax » Economy
4d ago
Citadel hedge fund CEO Ken Griffin criticized President Biden's "incoherent" economic policies Tuesday at the Qatar Economic Forum, Bloomberg reports ..read more
Newsmax » Economy
4d ago
The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment, but the GOP is skeptical ..read more
Newsmax » Economy
4d ago
Investors' newfound optimism on the U.S. economy faces an important test Wednesday, with consumer price data set to show whether the soft landing hopes that have fueled recent gains in equities are justified ..read more
Newsmax » Economy
4d ago
Total U.S. household debt levels increased in the first quarter as already stressed credit card borrowers faced rising challenges, a report from the Federal Reserve Bank of New York said Tuesday ..read more
Newsmax » Economy
4d ago
Sen. Rick Scott, R-Fla., blasted the latest inflation figures and charged President Joe Biden "doesn't care about hardworking Americans." Scott's comments came after the release of the latest U.S. producer price index ..read more