Page 39 - Thomas Simons News Today

U.S. Federal Reserve officials have aligned around plans to accelerate the pace of interest rate hikes this year but remain split over what could be the make-or-break decision of where to stop to avoid dragging the economy into recession. That debate is only beginning but will become more critical this summer as policymakers gauge how ...

The current economic expansion depends on the Fed getting the answer right, and not everyone thinks they will.

Australian shares are set to edge modestly higher to start the shortened trading week with the latest RBA meeting minutes in focus. $A near US73.50¢.

Fear that the war in Ukraine would tilt the U.S. economy towards a 1970s-style bout of stagflation has given way to signs that Americans plan to keep traveling, returning to restaurants, and continuing a steady if still incomplete return to “normal.” There remain major gaps in the post-pandemic economy. Downtown office buildings are still underused ...

Fear that the war in Ukraine would tilt the U.S. economy towards a 1970s-style bout of stagflation has given way to signs that Americans plan to keep traveling, returning to restaurants, and continuing a steady if still incomplete return to “normal.” There remain major gaps in the post-pandemic economy. Downtown office buildings are still underused ...

Following a winter in which war, a new coronavirus surge, and already high inflation painted a potentially grim picture of even faster rising prices and slowing growth, recent government and high-frequency data show an expansion seemingly poised to roll on.

U.S. sanctions against Russia should hasten a move by some countries to reduce their reliance on the U.S. dollar, which could also soften demand for Treasuries just as the Federal Reserve, the largest holder of U.S. debt, looks to cut its bond holdings. The United States and other Western nations have imposed widespread economic sanctions ...

By Karen Brettell (Reuters) - U.S. sanctions against Russia should hasten a move by some countries to reduce their reliance on the U.S. dollar, which ...

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Data from the Department of Labor shows 187,000 people in the United States filed for initial weekly unemployment benefits last week. The last time the weekly number was that low was Sept. 6, 1969.