Economic News

  • Jamie Dimon Knew Subprime...
    on April 18, 2024

    Jamie Dimon Knew Subprime 'Could Go Up In Smoke'; Now He's Worried About An Artificial Economy 'Fueled by Government Deficit Spending'  Yahoo Finance

  • Sands Tumbles After Citing...
    on April 18, 2024

    Sands Tumbles After Citing Disruption From Macau Remodeling  Yahoo FinanceLas Vegas Sands (LVS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates  Yahoo FinanceAnalyst discusses Las Vegas Sands' financial results  CNBCLas Vegas Sands (NYSE:LVS) Slips despite Earnings Beat - TipRanks.com  TipRanksLas Vegas Sands (LVS) Q1 2024 Earnings Call Transcript  The Motley Fool

  • US Existing-Home Sales...
    on April 18, 2024

    US Existing-Home Sales Decline as Rates Keep Buyers Sidelined  Yahoo FinanceMarch homes sales dropped despite a surge in supply. Here's why.  CNBCUS homes sales dropped last month as March prices reached a record high  CNNSluggish start for spring homebuying season as home sales fall in March with mortgage rates rising  The Hill

  • Gas prices: Why one US region...
    on April 18, 2024

    Gas prices: Why one US region will see 'stiff increases' this week  AOLView Full Coverage on Google News

  • Capital gains tax 'last thing...
    on April 18, 2024

    Capital gains tax 'last thing the Canadian economy needs,' say business groups  Yahoo Canada FinanceCanada will soak the rich with capital gains tax jump to raise billions for housing in market where Gen Z can't catch a break  FortuneCapital gains tax change draws ire from some Canadian entrepreneurs worried it will worsen brain drain  CBC NewsMiddle-class Canadians could be hit by increases to capital gains tax. Here's how to prepare  The Globe and MailFederal budget 2024: Key measures that may have a direct impact on you  RBC Wealth Management

  • Fed to cut rates in September...
    on April 18, 2024

    Fed to cut rates in September and maybe once more this year: Reuters poll  Yahoo FinanceWall Street pushes out rate-cut expectations, sees risk they don't start until March 2025  CNBCThe great bet on rate cuts is off  Financial TimesBull vs Bear: Will Rate Cuts Still Happen This Year?  ETF TrendsState Street Stands by Contrarian Bet Fed Will Cut Rates in June  Bloomberg

  • Leading index for U.S....
    on April 18, 2024

    Leading index for U.S. economy retreats again after first increase in two years  MarketWatchThe Conference Board Leading Economic Index® (LEI) for the U.S. Fell in March  PR NewswireOld habits die hard: The LEI returns to the red in March  FXStreetUSA: index of leading indicators falls in March  Marketscreener.com

  • US weekly jobless claims...
    on April 18, 2024

    US weekly jobless claims remain at low level  ReutersUS Applications for Unemployment Benefits Held Steady at 212000  BloombergApple lays off more than 600 workers in California in its first major round of post-pandemic cuts  The Associated PressNumber of Americans applying for jobless benefits holds steady as labor market remains strong  Toledo BladeUS initial jobless claims 212K vs 215K estimate  ForexLive

  • Sino-US financial cooperation...
    on April 18, 2024

    Sino-US financial cooperation strengthened - SHINE News  SHINE NewsChina's central bank governor meets U.S. Fed chair in Washington  CGTNSino-US financial cooperation praised - World - Chinadaily.com.cn  China DailyPan Gongsheng Meets with Jerome Powell to Discuss US-CN Econ, Monetary Policy, Others  AASTOCKS.com

  • Cocoa hits record high as...
    on April 18, 2024

    Cocoa hits record high as global shortage worsens in first quarter  Financial TimesWhy There Is Chocolate Crisis and What’s Happening to Prices  BloombergCocoa Prices Consolidate Below Recent Record Highs  BarchartMalley's Chocolates, Sweet Designs affected by cocoa prices  Crain's Cleveland BusinessCocoa prices hit record high amid shortage  Quartz

  • Philly Fed factory gauge...
    on April 18, 2024

    Philly Fed factory gauge jumps to highest level in two years in April  MarketWatchApril 2024 Manufacturing Business Outlook Survey  Federal Reserve Bank of PhiladelphiaPhilly Fed April manufacturing business index +15.5 vs +2.3 expected  ForexLiveUS Philadelphia Fed Manufacturing Index jumps to 15.5 in April vs. 1.5 expected  FXStreetGold price holding its ground as Philly Fed says its Manufacturing survey jumped to 15.5 in April  Kitco NEWS

  • Norway $1.6 Trillion Fund...
    on April 18, 2024

    Norway $1.6 Trillion Fund Lags Benchmark With 6.3% Return  Yahoo FinanceWorld’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge  CNBCNorway $1.6 Trillion Fund Misses Benchmark With 6.3% Return  BloombergNorway's wealth fund posts record $109 bln Q1 profit as tech stocks soar  ReutersNorway Oil Fund Returned $110 Bln in the First Quarter  MarketWatch

  • Mortgage rates today, April...
    on April 18, 2024

    Mortgage rates today, April 18, 2024: Rates will stay high until inflation drops  Yahoo FinanceMortgage rates surge past 7%, reaching highest level since November  CNNUS 30-Year Mortgage Rates Surge Past 7%  BloombergHomebuyers Are Making a Surprising Move  Newsweek

  • California in a jam after...
    on April 18, 2024

    California in a jam after borrowing billions to pay unemployment benefits  Yahoo Finance

  • China sells more US Treasury...
    on April 18, 2024

    China sells more US Treasury bills as Fed signals low interest in rate cuts  South China Morning PostChina dumps USD 22.7 bn in US treasury bills amid deepening strategic rivalry  The Indian ExpressChina downsizes holdings of U.S. treasury bonds to $775 billion: data  ecns

  • Strong US job growth is...
    on April 18, 2024

    Strong US job growth is spurring people to spend more, juicing economy  USA TODAY

  • US Rent Inflation Looms Over...
    on April 18, 2024

    US Rent Inflation Looms Over Potential Interest-Rate Cut  BloombergUS Economy News Today: Higher-For-Longer Interest Rates Push Homebuyers Into Market  InvestopediaInflation Comes for the Housing Market  The New York TimesHousing inflation still sticky in March: 'Little progress over the past nine months'  Yahoo Finance

  • Greek economy surges after...
    on April 18, 2024

    Greek economy surges after decade of pain  ReutersView Full Coverage on Google News

  • No vacations, no flights, no...
    on April 18, 2024

    No vacations, no flights, no hotels: How China is punishing 'delinquent debtors'  The Times of IndiaChina Is Blacklisting Debtors From Social Services Like Trains, Hotels  Business InsiderChina Says No Bullet Trains, Vacations Or Luxury Stays For Debt Skippers As Delinquency List Soars to 8M  BenzingaNo insurance, no vacations: How China is punishing people who can’t repay debts  Firstpost

  • The U.S. may be entering a...
    on April 18, 2024

    The U.S. may be entering a new era of persistently high interest rates  AxiosHigh rates haven't always been a problem for stocks  Yahoo FinanceHigher for longer rates may mean lower for longer stock multiples, and stock prices  CNBCStock Market Investors Shouldn't Fear Higher-for-Longer Interest Rates  Markets Insider

  • Are higher rates...
    on April 18, 2024

    Are higher rates inflationary?  Financial TimesElevated inflation will likely delay interest rate cuts this year  WLS-TV

  • IMF says US debt creating...
    on April 18, 2024

    IMF says US debt creating “significant risks” for the global economy  WSWSHere’s what would happen to the US economy if there are no rate cuts this year  CNN‘Something will have to give’: IMF sounds alarm on US debt  The HillFiscal Policy in the Great Election Year  International Monetary FundUS deficit poses 'significant risks' to global economy, warns IMF  Financial Times

  • Fed's Loretta Mester Expects...
    on April 18, 2024

    Fed's Loretta Mester Expects Inflation to Fall Further  BloombergFed to cut US rates 'at some point, but no hurry, Mester says  ReutersFed's Williams doesn't see any 'urgency' to cut rates  Yahoo FinanceFed officials cast doubt on rate cuts, inflation path in 2024  Business InsiderBoston Fed Pres. Collins: Recent data argue against imminent need to change rates  ForexLive

  • The West says China makes too...
    on April 18, 2024

    The West says China makes too much. Its workers disagree  BBC.com

  • Summers: Another Trump term...
    on April 18, 2024

    Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits  The HillTrump trade advisers plot dollar devaluation - POLITICO  POLITICOOpinion | Devaluing the dollar, one of Trump’s worst ideas yet  The Washington PostThe dollar would survive Trump turning currency warrior  Financial Times

  • China is moving towards full...
    on April 18, 2024

    China is moving towards full monetary independence  Financial Times

  • Asia Budget-Store...
    on April 17, 2024

    Asia Budget-Store Billionaires Get Richer From Inflation Pain  Bloomberg

  • Reaccelerating economy is a...
    on April 17, 2024

    Reaccelerating economy is a problem for the Fed, says Apollo's Chief Economist  CNBC Television

  • The 6th largest economy in...
    on April 17, 2024

    The 6th largest economy in the world is hitting 100% solar periods on a daily basis  Daily KosCalifornia exceeds 100% of energy demand with renewables over a record 30 days  Electrek.coA look at California's major advancements in renewable energy usage  CBS NewsA major US state just achieved a critical milestone for nearly two weeks: 'It's wild that this isn't getting more news coverage'  The Cool Down'Unprecedented' energy record shows future of clean power, expert says  The Independent

  • Bank of America CEO: The...
    on April 17, 2024

    Bank of America CEO: The Federal Reserve is winning the war on inflation  AOLView Full Coverage on Google News

  • Fed can't cut rates until the...
    on April 17, 2024

    Fed can't cut rates until the labor market and wages cool, economist says  Forex FactoryPowell Suggests Interest Rates Could Stay High for a Longer Period  The New York TimesDollar Power: Fed's Higher-for-Longer Is Turning the Currency Screws  BloombergStubbornly high US inflation grew stronger than expected in March  CNNFed chief signals interest rate cuts could be a ways off  The Washington Post

  • Ecuador introduces three-day...
    on April 17, 2024

    Ecuador introduces three-day working week as it launches investigation into energy shortages  Yahoo! VoicesEcuador rations power as Andean drought tightens grip  The GuardianEcuador declares energy emergency amid severe regional drought and El Niño  Al Jazeera EnglishColombia's capital announces new measures to cut water consumption as dry weather persists  The Associated PressEcuador's Noboa declares energy emergency, names interim minister  Reuters

  • The economy might be booming,...
    on April 17, 2024

    The economy might be booming, but housing has fallen into a recession: A top real estate CEO says he's never seen anything like it  FortuneState Policymakers Examine Bipartisan Efforts to Boost Housing  The Pew Charitable TrustsPodcast: Housing Affordability and What Policymakers Can Do to Solve It  National Association of Home BuildersThe economy might be booming, but housing is in a recession: Top real estate CEO says he's never seen anything like it in 20 years  AOL

Global Politics

Market Insight