A gauge of inflation preferred by the Federal Reserve showed prices rising less than expected in February, aided by a drop in energy costs, the Bureau of Economic Analysis reported on Friday. On a monthly basis, prices rose by 0.3{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, compared to forecasts calling for a 0.4{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} increase, and a […]
Economy News
WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} annual pace, the government said Thursday in a slight downgrade from its previous estimate. But consumer spending, which drives most of the economy’s growth, was revised sharply down. The government […]
Published 2023-03-29 05:00 5:00 March 29, 2023 am We’re answering the “how” and “why” of business & economy news. Subscribe to our daily newsletter. Last year, Heather McCulloch set out across the country asking women a question that has long been absent from discussions in her field: What would the […]
WASHINGTON — WASHINGTON (AP) — President Joe Biden will go to an increasing North Carolina semiconductor maker on Tuesday as he launches an extended energy to spotlight the effects laws handed before in his administration is owning on the U.S. economy and distinction his eyesight with that of Republicans as […]
The economy is a complicated system of production, distribution, and use of items and solutions. Knowing how the economic climate performs can be difficult, but it is vital for building informed selections about particular finance, investing and public coverage. This article will investigate the fundamental principles of how the economic […]
This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: US raises interest rates by 0.25 percentage points; UBS takes over Credit Suisse; IMF board approves Sri Lanka bailout. 1. US raises interest rates again as it weighs up banking crisis The […]