The Fed’s favorite inflation indicator rose less than expected in August
The personal consumption expenditures (PCE) price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain.
U.S. Latino economic output grows to $3.2 trillion, according to new study
If Latinos were an independent country their GDP would rank fifth in the world, the study found.
The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says
The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to the former chairman of the...
Dimon warns that the Fed could still raise interest rates sharply from here
"I am not sure if the world is prepared for 7%," he told The Times of India in an interview.
‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk
JPMorgan Chase & Co. CEO Jamie Dimon says geopolitics in light of Russia's invasion in Ukraine is the biggest risk is a much larger risk...
Some soft commodity prices are surging, adding to consumer woes
Certain agricultural commodities have climbed in recent months, driven by weather-related damage around the globe and tighter supplies.
China-EU relationship is at a crossroads, top official says in Beijing
China's relationship with the European Union needs to change, as the bloc's trade chief asks for more openness and fairness from Beijing.
Credit card losses are rising at the fastest pace since the Great Financial Crisis
Goldman Sachs predicts credit card losses will continue to climb through the end of 2024 or early 2025 for most issuers.