Renminbi notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, Jan. 26, 2023. Athit Perawongmetha | Reuters China is devising more ways… Read More »China doubles down on promoting yuan as confidence in U.S. dollar takes a beating
U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to position themselves for a global… Read More »As markets buckle up for Trump tariffs, these global sectors brace for a rough ride
The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to run above the Fed’s 2% mandate. The move comes after… Read More »The Federal Reserve holds interest rates steady: Here’s what that means for your money
U.S. President Joe Biden delivers remarks on the U.S. economy and his administration’s effort to revive American manufacturing, during his visit in Flex LTD, a… Read More »Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling construction site replete with cranes… Read More »Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
A strike hitting ports along the East and Gulf coasts could stoke prices for food, autos and a host of other consumer goods but is… Read More »Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Recent signs of cooling inflation are paving the way for the Federal Reserve to cut rates when it meets next week, which is welcome news… Read More »Don’t expect ‘immediate relief’ from the Federal Reserve’s first rate cut in years, economist says. Here’s why
How’s your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has released its annual report, How… Read More »Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
The fight against inflation was going well for the Federal Reserve and economy for much of last year and into 2024, but one important demographic… Read More »Inflation fears among America’s small businesses are rising again and their faith in the Fed is falling
Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central… Read More »The Federal Reserve may not cut interest rates just yet. Here’s what that means for your money
