Tag: Economy
Federal Reserve Cuts Interest Rates by 0.25%, Hints at Limited Future Reductions
The Federal Reserve Slashes Interest Rates, But What Does It Mean for You?WASHINGTON - In a move that caught the attention of the financial...
US Economy Shows Strong Growth with 227,000 Jobs Added in November; Unemployment Rate at...
US Economy Surges with 227,000 Jobs Added in November; Unemployment Rate at 4.2%Job creation in November witnessed a substantial uptick with 227,000 new positions...
Powell Not Concerned About Fed Independence Under Trump
Federal Reserve Chair Jerome Powell Ensures Fed Independence Under TrumpFederal Reserve Chair Jerome Powell spoke at the New York Times DealBook Summit in New...
Inflation Gauge Rises to 2.3% Annually: Fed’s Preferred Target Met
Inflation has increased to 2.3% annually, hitting the Federal Reserve's preferred target as reported by the Commerce Department on Wednesday. The personal consumption expenditures...
Interest Rate Cuts Expected Gradually According to Fed Meeting Minutes
Federal Reserve officials recently discussed the state of the economy and the labor market during their November meeting, as reflected in the meeting minutes...
Trade War Escalation: Trump Imposes 10% Tariffs on China, 25% Tariffs on Canada and...
President-elect Donald Trump announced on his social media platform that he plans to increase tariffs by an additional 10% on all Chinese goods entering...
Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss
Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...
Spirit Airlines Files for Bankruptcy Protection Amid Financial Struggles
Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that...
Fed Chair Powell Urges Patience in Interest Rate Reductions
Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest...
Understanding Deflation Trends in October 2024: A Comprehensive Chart Analysis
In October 2024, deflation trends have been observed in the U.S. economy, particularly in the prices of physical goods. While deflation is not a...