Economic News

By Noreen Burke Investing.com -- The Federal Reserve meeting is the main event for markets in the week ahead and while the central bank is not expected to take any action investors...

(Bloomberg) -- Poverty passed on over three generations affects just 1 in 100 White Americans, compared with 1 in 5 Blacks Americans. That’s the finding of a paper from a team of...

(Bloomberg) -- Treasury 10-year yields headed for their biggest weekly decline in a year amid signs traders are further unwinding short positions in U.S. government debt despite a...

(Bloomberg) -- U.S. consumer sentiment rose in early June by more than expected on improved outlooks for the economy and moderating inflation expectations. The University of...

 By Peter Nurse Investing.com -- Compromise on Capitol Hill over infrastructure spending, a recovering European economy, Bitcoin still in the spotlight and crude points higher...

(Bloomberg) -- Peru’s central bank held its key interest rate at an all-time low Thursday as uncertainty mounts over the results of Sunday’s contentious presidential election. The...

(Bloomberg) -- The rally in Treasuries took a brief breather Thursday as data showed U.S. consumer prices rose last month more than predicted, but 10-year yields soon slipped back...

(Bloomberg) -- Prices paid by U.S. consumers rose in May by more than forecast, extending a months-long buildup in inflation that risks becoming more established as the economy...

By Peter Nurse Investing.com -- Much-anticipated U.S. consumer prices are due for release, the ECB meets, Bitcoin rebounds after El Salavador adopts the digital currency, GameStop...

(Bloomberg) -- The Biden administration is forming working groups with Canada, Mexico, the EU and the U.K. to examine how to reopen international travel as the coronavirus pandemic...

(Bloomberg) -- Rich nations are bracing for China to seek exemptions from a global minimum corporate tax, a potential stumbling block for governments racing to reach wider...

By Peter Nurse Investing.com -- G-7 summit could be overshadowed by EU-U.K. disagreement, Fastly explains the recent global outage and Chinese inflation sets the scene for...

(Bloomberg) -- The economist who helped change the way the Federal Reserve assesses long-run inflation expectations says their current level means the central bank needs to start...

(Bloomberg) -- U.S. job openings rose in April to a fresh record high, along with the number of people who voluntarily left their jobs, underscoring fervent labor demand and...

By Peter Nurse Investing.com -- Tesla (NASDAQ:TSLA) loses a key executive just after ending production plans for its expensive sedan. Bitcoin heads lower as institutional investors...

(Bloomberg) -- European Central Bank policy makers have all the evidence they need to keep in place their ultra-loose monetary stimulus when they meet on Thursday, thanks in part...

By Peter Nurse Investing.com -- G-7 deal on corporate taxation, Janet Yellen’s view on higher inflation and interest rates, Wall Street edging lower, lower crude prices and hot...

(Bloomberg) -- For millions of Americans, there’s an unwelcome side of the return to business-as-usual after the pandemic: They’ll have to start repaying their student loans...

By Noreen Burke Investing.com -- Investors trying to gauge the inflation threat will keep a close eye on Thursday's U.S. consumer price data, amid concerns that rising inflation...

(Bloomberg) -- U.S. job growth accelerated in May and the unemployment rate fell, signaling firms are making some progress filling a record number of openings as the economy powers...

By Peter Nurse Investing.com -- Nonfarm payrolls are the highlight of the day, if not the month, while AMC Entertainment (NYSE:AMC) is expected to remain volatile and crude oil...

(Bloomberg) -- South Korea is keeping its fiscal spigot open even as a quickening economic recovery prompts the central bank to signal it will rein in stimulus at some...

(Bloomberg) -- U.S. small-business owners reported a record share of unfilled positions in May, and more firms are boosting wages to attract workers, the National Federation of...

(Bloomberg) -- Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises. Estimates for May payrolls growth are...

 By Peter Nurse Investing.com -- AMC Entertainment continues to post staggering stock gains. However, crude oil and Wall Street have paused recent positive runs ahead of a data...

By Yasin Ebrahim Investing.com – The economic recovery continued to pick up pace, but the dearth of skilled labor and rising input prices are expected to continue in the months...

(Bloomberg) -- BlackRock Inc (NYSE:BLK). Chief Executive Officer Larry Fink said that investors may be underestimating the potential for a spike in inflation. “Most people haven’t...

By Peter Nurse Investing.com -- Australia’s economy expands faster than expected, AMC AMC Entertainment soars and crude continues to push higher. Yet Wall Street looks set to start...

(Bloomberg) -- U.S. manufacturing expanded at a faster pace in May, propelled by stronger orders growth that underscores sustained, robust demand. A measure of factory activity...

By Peter Nurse Investing.com -- Brent tops $70 a barrel ahead of the latest OPEC meeting, stocks continue to press higher, sterling shows more strength and European economic...

By Noreen Burke Investing.com -- The May nonfarm payrolls report is the main event in the coming week with investors watching to see if the unexpectedly weak April employment...

(Bloomberg) -- U.S. consumer sentiment weakened in May from a month earlier as inflation concerns picked up. The University of Michigan’s final sentiment index dropped to 82.9...

By Peter Nurse Investing.com -- President Joe Biden is set to unveil hefty federal spending in his budget, the ECB has to decide on bond buying, while the Fed’s favored inflation...

(Bloomberg) -- The European Central Bank is increasingly expected by economists and investors to extend the elevated pace of its emergency bond-buying at its next meeting, despite...

(Bloomberg) -- U.S. Treasury Secretary Janet Yellen said she continues to see this year’s burst in inflation as temporary, though likely to last through the end of 2021. “My...