Weak manufacturing measures raise specter of U.S. economic slowdown
The ISM monthly survey of purchasing managers showed that just 47.2% reported expansion in August.
The Fed’s favorite inflation indicator increased 0.2% in July, as expected
The PCE price index was expected to rise 0.2% in July and 2.5% from a year ago, according to the Dow Jones consensus.
Euro zone inflation falls to 3-year low of 2.2%, backing September rate cut case
Economics polled by Reuters had forecast a decline to 2.2% in August, down from 2.6% in July.
The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
The Commerce Department at 8:30 a.m. ET will release its personal consumption expenditures price index.
Increased sausage demand could be worrying signal on the economy
One manufacturer included in the Dallas Fed's latest survey said growth in the category typically aligns with a slowing economy.
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major...
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession.
U.S. job growth revised down by the most since 2009. Why this time is different
There's a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since 2009. Is...
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created far fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported.