The US savings rate declined to 3.8% in September 2026 as consumer spending grew faster than personal income, according to federal data released October 29. The figures show how rising prices absorbed most of the monthly spending increase and why higher dollar spending did not translate into a comparable rise
The US savings rate declined to 3.8% in September 2026 as consumer spending grew faster than personal income, according to federal data released October 29. The figures show how rising prices absorbed most of the monthly spending increase and why higher dollar spending did not translate into a comparable rise
U.S. services activity continued to expand in September, although the pace of growth moderated as businesses reported stronger input-price pressures. The Institute for Supply Management’s
Minneapolis Federal Reserve President Neel Kashkari said he expects additional interest-rate increases may be needed into 2027, while remaining undecided about whether the central bank
Bank of America has introduced Payments Insights, an AI-powered feature for corporate treasury teams using its CashPro platform. The tool analyzes payment activity, cross-border transactions
U.S. jobless claims fell to 197,000 for the week ending September 19, according to the Labor Department, marking the lowest level since mid-July. The decline
U.S. efforts to strengthen critical-mineral supply chains have reduced China’s share of rare-earth refining, but China’s broader position in mineral processing remains strong. International Energy
U.S. producer inflation accelerated in August, with prices for final demand rising 0.4% from July and 5.4% over the previous 12 months, according to the
Anthropic AI Economy Model puts a sharp 2030 trade-off into view: U.S. output rises in every scenario the company modeled, while knowledge-worker pay and employment
U.S. services businesses reported a sharp increase in the prices they paid for inputs in August, with the Institute for Supply Management’s Services Prices Index
China export surge figures for July show Chinese shipments rising sharply as high-tech products gain ground across global markets. The shift matters for U.S. manufacturers
U.S. Treasury borrowing costs are rising as federal debt and deficits remain elevated, with interest payments reaching about 3% of GDP. The development has increased
U.S. household debt stood at $18.8 trillion in the second quarter, according to the Federal Reserve Bank of New York. Mortgage balances declined, while auto
The latest global food price data shows a stable headline index but growing pressure beneath it. United Nations agencies, the World Bank and U.S. officials
U.S. manufacturing activity reached its highest level in more than four years in July, according to the Institute for Supply Management. Stronger factory orders and
Investors adjusted their market positions ahead of quarterly earnings reports from Microsoft, Apple, Amazon, and Meta while awaiting the Federal Reserve’s latest policy decision. The
U.S. jobless claims fell to 187,000 in the week ending July 18, the lowest reading since September 1969, according to Labor Department data cited by
Economists surveyed on Fed rate hike expectations increasingly believe the likelihood of a Federal Reserve interest rate increase has risen even as most continue to
The U.S. dollar weakened after producer prices unexpectedly fell in June, giving investors further evidence that inflation pressures may be easing. The report reduced expectations
The International Monetary Fund (IMF) said it looks forward to engaging with the U.S. Federal Reserve as the central bank reviews its Fed communication strategy
New York Fed President John Williams said lower energy prices have made him more optimistic about the Fed inflation outlook while reaffirming the Federal Reserve’s
A new central banks dollar holdings survey found that, for the first time, more monetary authorities expect to reduce their U.S. dollar reserve allocations than
Chicago Federal Reserve President Austan Goolsbee said inflation challenges remain a concern for policymakers after recent economic data suggested price pressures are not easing as
Wells Fargo S&P 500 forecast expectations moved higher this week after the bank revised its outlook for U.S. equities, citing stronger projections for corporate earnings
Federal Reserve to hold rates through 2026 is now the outlook presented by UBS after the financial institution revised its expectations for U.S. monetary policy
The ECB raises interest rates following a policy meeting held on June 11, with the European Central Bank announcing a 25-basis-point increase to its key
U.S. tariff increase has been linked to a significant reduction in European steel shipments to the American market, with industry association Eurofer reporting that export
Microsoft introduced its next‑generation quantum computing chip, Majorana 2, at its annual Build conference, unveiling a platform the company says offers qubit reliability improvements unprecedented
Nvidia Taiwan expansion plans moved further into focus on May 27 after chief executive Jensen Huang announced that the company would increase its operations in
Every city has dangerous roads, but some cities see far more serious accidents than others. The reasons are not always simple. A city may have
