China's retail sales grew by 3.7% year-on-year in July, missing expectations and slowing from June's 4.8% increase. Urban areas grew by 3.6%, while rural areas saw a 3.9% rise.
David Zervos, a potential Fed chair pick, supports larger interest rate cuts, advocating for up to 200 basis points reduction, influenced by technological and supply-side disinflat...
President Donald Trump announces a 'perfect' inflation rate, citing economic growth with low inflation, decreased gasoline prices, and record-high stock markets as key achievements...
Federal Reserve Bank of Richmond President Thomas Barkin discusses how companies might turn to AI to cut labor costs amid economic pressures, noting cautious hiring due to tariffs ...
The US Producer Price Index (PPI) for final demand rose 0.9% in July, marking the largest monthly increase since February. Yearly, the PPI increased by 3.3%, with goods and service...
Initial jobless claims in the US fell to 224,000, showing a slight improvement in the labor market. The insured unemployment rate remained steady at 1.3%, with a minor decrease in ...
Russian authorities are considering extending the gasoline export ban into September to stabilize domestic markets, with exceptions only for humanitarian aid and specific intergove...
Federal Reserve's Alberto Musalem discusses the temporary nature of tariff impacts on inflation, expecting a fade within 6-9 months. He also notes economic weakening signs but main...
