Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.

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Real estate agent discussing documents with couple in new house
With Fewer Houses On The Market, Brokers And Lenders Compete For Crumbs
A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas.
USDA Targets Corporate Practices on Food Prices
An American flag flies above the construction site of a multifamily housing development on June 02, 2023 in Los Angeles, California.
Amid Low Inventory Market, Housing Starts Fell in June
Bank of America
Loan Growth Buoys Earnings at Big Banks, Even as Applications Decline
Chinese flags fly in front of a hi-rise building.
China's Flagging Economy Has Global Impact
Smiling female business owner listening during presentation during meeting in office conference room
Early Retirement Trend Fading as Older Workers Make Up Larger Part of Workforce
A woman picks up a package left outside her home's front door.
US Retail Sales Tick Up, Boosted by Strong Online Spending
A home under construction.
Homebuilder Confidence Reaches Highest Level Since Last June
A for sale sign is posted in front of a home.
Home Prices Near Record Highs as Supply Drops, Redfin Says
A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California.
Home Sales to Slow, Prices to Fall, Says Realtor.com
Businesspeople working together
Fewer Business Leaders Expect A Recession But Labor Market Woes Persist
Crosswalk in NYC
Consumer Sentiment Soars to a 22-Month High on Optimism About Inflation
Mother and child shopping for notebooks
Parents Feel Inflation Burn As They Tighten Back To School Spending
Silhouettes of onshore oil and gas well
IEA Cuts 2023 Oil Demand Growth Outlook Because of Weakening Global Economy
Business people shaking hands at desk
Job Switching Doesn’t Bring as Big a Raise as it Used To
The Marriner S. Eccles Federal Reserve building in Washington, D.C.
Fed Gearing Up For 11th and Possibly Final Rate Hike Later in July
Office buildings
WFH Could Lead to $800 Billion Drop in Commercial Real Estate Values by 2030
An engineer with a tablet working at a factory
Wholesale Prices Rise Slower Than Expected, Adding to Signs of Cooling Inflation
New York apartment buildings
Manhattan Rents Momentarily Cool, While Brooklyn and Queens Break Records
United Nations
Global Public Debt Reaches Record, With Many Countries 'in Serious Debt Trouble'
Lower Manhattan Skyline
The New York City Economic Tracker: June 19, 2023
Food shoppers search for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. The inflation rate for food and other durable goods was 9.7% in May, 2023.
Inflation Fell to 3% in June as Consumers Got Widespread Relief From Price Increases
Lithium ore falls from a chute onto a stockpile at a facility in Australia.
Demand for Clean Energy Minerals Skyrockets Amid Supply Concerns: IEA
Tailoring shop
Small Business Owners' Optimism Climbs, But Inflation and Labor Concerns Linger
OECD
OECD Finds Wages Aren't Matching Inflation, and AI Could Disrupt 27% of Jobs
Supermarket in USA
Survey Shows Consumers See Inflation Falling to Lowest Level in Over Two Years
A for sale sign is posted in front of a home on March 22, 2023 in San Anselmo, California.
U.S. Home Prices Rose To Record Levels In May
For sale sign in front of house in Florida
Home Sales Jump in Florida Towns Hit by Hurricane Ian
amazon package with prime day logo
Shoppers Plan to Pull Back Spending on Amazon Prime Day
'Now Hiring' sign
Job Creation Cooled in June, But Remained High, Raising Rate Hike Expectations
Home with a sold and home for sale sign
Homes Are Selling Above List Price for the First Time in Nearly a Year
People lineup as the doors open to the Mega Job Fair held at the FLA Live Arena on June 23, 2022 in Sunrise, Florida.
Job Cuts Fall to the Lowest Level in Eight Months
Sign text closeup for help wanted with red and white colors by entrance to store shop business building
Job Openings Decline as Labor Market Continues to Loosen
Federal Reserve Board Chairman Jerome Powell
Fed's June Meeting Minutes Show Most Policymakers See More Rate Hikes This Year
Close-up of the hands of a young woman checking shopping receipts with cash, a notebook, and a pen
Recession vs. Slowdown: Economic Forecasts Cloudy for the Rest of 2023
Shopper at a supermarket
Fed’s Preferred Inflation Gauge Cooled in May to Its Slowest Pace in Two Years
City of London (London Financial District)
Term of the Week: LIBOR
A real estate for sale sign offers a reduced price.
US Home Prices Post First Annual Decline in 11 Years, Case-Shiller Shows
Smiling woman trying on sunglasses while shopping in boutique during vacation
Consumers Starting to Feel Maybe Economy Isn’t So Bad After All
Two young woman arriving to urban rental apartment
US Rents Fell in May in First Year-over-Year Decline Since 2020
Office towers in New York City
More Owners of Distressed Office Properties Simply Choose to Walk Away
Family moving house, unloading truck
U.S. Housing Map Being Redrawn by Work From Home, Southern Moves
A row of houses
Real Inflation Could Be Just 2.78%
: Russian police stand at a checkpoint on a road entering on June 24, 2023 in Moscow, Russia. The Wagner Group, an independent army led by former Putin ally Yevgeny Prigozhin, has vowed to "go all the way" to Moscow to topple Russia's military leadership. The group who had been fighting in Ukraine crossed the border back to Russia and have taken control of Rostov-on-Don, which is the Russian control centre for the war in Ukraine.
Russia's Political Instability Increases Risks To Fragile Global Economy
Oil Pumps
OPEC Forecasts 23% Rise in Global Oil Demand Through 2045
A man sits inside a fast food chain restaurant as the Obelisk is reflected on the window with the sign of meal price on March 15, 2023 in Buenos Aires, Argentina.
A Map of Inflation Around The World Explains the Fed's Less Hawkish Stance
Bank of England (BoE), London, U.K.
Bank of England Hikes Interest Rates More Than Expected
Close-up of a row of single family homes in Alexandria, Virginia.
Home Flipping Makes Comeback in First Quarter
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell testified on the Federal Reserve's Semi-Annual Monetary Policy Report during the hearing
Fed Will Raise Interest Rate at a 'More Moderate Pace,' Chair Powell Says
Aerial view of Henderson, NV
It May Get Even Harder to Buy a Home This Year
Traders work on the floor of the New York Stock Exchange (NYSE) on June 14, 2022 in New York City
A Recession Alarm is Ringing: How Long Do We Have?
Nio car outside NYSe on Nio listing day
China Launches New EV Tax Break in Effort To Boost Lagging Demand
Lower Manhattan Skyline
The New York City Economic Tracker: May 29, 2023
Team of workers examining housing project while working at construction site.
Builders Accelerated Construction of Much-Needed Houses in May
Construction of Office Building
Office Construction Keeps Humming Despite Property Market's Woes
Factory workers inspect a machine
Great Resignation Isn't Over If Workers Have Their Way
Supermarket USA
Easing Inflation Boosts Consumer Sentiment
Klaus Vedfelt / Getty Images
One Disparity Between Black and White Workers Has Been Erased. Will The Progress Last?
Woman standing in front of a window
CFOs Say They're Less Optimistic About the Economy and Focused on Cutting Costs
European Central Bank
ECB Boosts Interest Rates to a 22-Year High