Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

What to know this week

Shares sank final week as an absence of readability round President Donald Trump’s tariff plans and what they might imply for the financial system’s total trajectory gripped markets. For the week, the S&P 500 (^GSPC) fell greater than 3%, whereas…

US Inflation Set to Keep Sticky as Tariff Threat Looms

(Bloomberg) — US shopper costs most likely rose in February at a tempo that illustrates plodding progress on inflation for Federal Reserve officers content material to stay on the sidelines as they assess a coverage whirlwind from the Trump administration.…

Charges fall in response to newest jobs report

After two days of will increase, mortgage charges are again down once more in the present day. In accordance with Zillow, the common 30-year mounted fee has decreased by 4 foundation factors to 6.31%, and the 15-year mounted fee has…

5 years on, the financial influence of COVID-19 lingers

By Canan Sevgili, Paolo Laudani, Alessandro Parodi and Alberto Chiumento (Reuters) – 5 years after the World Well being Group first described the COVID-19 coronavirus outbreak as a pandemic, its results are nonetheless being felt on the worldwide financial system.…