Charting the Global Economy: Rocky Start to Year for US Growth
US consumer spending weakened and the merchandise trade deficit widened markedly at the start of the year, pointing to a ...
BTS Reunion Optimism Sends HYBE Stock Up Even as Global Markets Tumble
BTS reunion optimism sent HYBE stock up this week following the company's earnings report, even as markets fell on inflation and recession fears.
DOGE Layoffs Are Rattling Consumers. The Economy Could Pay the Price.
Federal job cuts are unlikely to dent the labor market. Instead, they have hurt consumer confidence and spending.
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Bitcoin ETFs Lose $2.7 Billion in a Week as Fed Turns Bearish on US GDP
Bitcoin ETFs lost $2.7 billion this week, signaling a bear market. Corporate holders struggle as US GDP is set to drop 1.5% in Q1 2025.
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Atlanta Fed president urges innovative homebuilding to combat local housing shortage
Federal Reserve Bank of Atlanta President and CEO Raphael Bostic advocated for more innovative housing solutions to help ...
Fed Paper Finds Tariffs May Raise US Consumers’ Everyday Costs
President Donald Trump’s proposed tariffs on imports from China, Mexico and Canada could lead US consumers to face higher prices on everyday purchases, according to new research published Friday.
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Tariffs will raise prices, it’s just a matter of how much, Atlanta Fed says
The proposed tariffs on China, Mexico, Canada and other U.S. trading partners could raise prices for consumers on everyday items by up to 2.6%, according to a new study.
Atlanta Fed GDPNow Sees Economy Shrinking After Friday Data
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Latest Data Suggest First-Quarter GDP Decline, Atlanta Fed Forecast Says
The Federal Reserve Bank of Atlanta just slashed its forecast to call for a decline in first-quarter gross domestic product. The Atlanta Fed’s GDPNow estimate forecasts a 1.5% decline in GDP, down ...
PCE inflation gauge matches expectations, offering relief to Fed
The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...