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Economic News
Australia Treasurer Can’t Rule Out Economy Shrank Last Quarter
(Bloomberg) -- Australian Treasurer Jim Chalmers isn’t ruling out the economy…
Oil Extends Decline as Build-Up in US Inventories Spurs Caution
(Bloomberg) -- Oil fell, paring a modest monthly gain, after US crude inventories…
Fed Officials Emphasize Data to Guide Pace of Interest-Rate Cuts
(Bloomberg) -- Three Federal Reserve officials said the pace of interest-rate cuts will…
Fed’s Williams Says Still ‘a Ways to Go’ to Reach 2% Inflation
(Bloomberg) -- Federal Reserve Bank of New York President John Williams said the US…
Fed’s Williams sees more work needed to get inflation back to 2%
By Michael S. DerbyGARDEN CITY, N.Y. (Reuters) -New York Federal Reserve President John…
Soviet ex-premier Nikolai Ryzhkov, who vainly tried to prevent USSR’s economic meltdown, dies…
MOSCOW (AP) — Nikolai Ryzhkov, a former Soviet prime minister who presided over botched…
US economy grew solid 3.2% in fourth quarter, a slight downgrade from government’s initial…
WASHINGTON (AP) — The U.S. economy grew at a robust 3.2% annual pace from October…
US fourth-quarter economic growth revised slightly lower
WASHINGTON (Reuters) - The U.S. economy grew at a solid clip in the fourth quarter amid…
Oil spill from capsized barge near Tobago has reached beaches hundreds of miles away, officials say
SAN JUAN, Puerto Rico (AP) — An offshore oil spill that prompted Trinidad and Tobago to…
The Big Bond Steepener Is Flopping as the Fed Delays Rate Cuts
(Bloomberg) -- What was supposed to be the darling trade of 2024 has unraveled, thanks…