Section
Economy coverage from BusinessTech News. Federal Reserve policy, inflation prints, jobs reports, GDP data, and the macro forces moving markets and the political debate. Reporting on Fed chair Jerome Powell, Treasury Secretary, and the economists shaping the consensus on rates, recession risk, and the post-pandemic labor market. Stories pull from BLS, BEA, Fed minutes, FOMC dot plots, and direct sourcing on what policymakers are actually weighing. Updated through major economic-data days.
Home Depot beat the top and bottom line, posted its first positive US comp in five quarters, and reaffirmed full-year guidance with 30-year mortgage rates backing toward 8%. The pro contractor business is what is holding the consumer story together right now.
Brent crude pushed to $107.46 a barrel Tuesday after President Trump said the US-Iran…
April CPI hit 3.8% year over year, the hottest read since May 2023, with…
Iranian missiles strike US destroyers in the Strait of Hormuz, the US strikes back,…
Four dissents at Powell's last FOMC meeting, the most since 1992, expose how deeply…
Wall Street is pricing the Iran-US ceasefire as the S&P 500 closes at a…
The Federal Reserve is expected to hold rates steady at Jerome Powell's final policy…
Trump's Fed chair nominee told the Senate Banking Committee he plans to overhaul the…
Consumer prices jumped 3.3% year-over-year in March, the highest since May 2024, as the…
Nike shares suffered their worst single-day drop in years, falling more than 15% after…
Futures traders have pushed the probability of a Federal Reserve rate increase by year-end…
U.S. gas prices crossed $4 a gallon on Tuesday for the first time since…
The Nasdaq dropped nearly 2.4% on Thursday, officially entering correction territory as Brent crude…
