The budget in March forecast a $42 billion deficit this financial year, though that does not include unbudgeted election promises or the soaring cost of wages.
Chipotle CEO Scott Boatwright said that households making less than $100,000 are dining out less, often because of concerns ...
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
While a strategic approach to agentic AI can provide benefits, it also comes with real-world hurdles on the road to adoption.
The European Central Bank must be careful in interpreting the inflation projections it will receive in December and avoid ...
Christopher Thornberg, the founding partner of Beacon Economics, started off with a bombshell prediction. Pointing to very scary asset bubbles like cryptocurrency and the $1.6 trillion of “hot money” ...
Core inflation in Japan's capital accelerated in October and stayed above the central bank's 2% target, data showed on Friday ...
The Reserve Bank of Australia will keep its key interest rate unchanged at 3.60% on Tuesday as an inflation spike delays ...
Chipotle shares fall 18% after cutting its annual sales forecast for the third time this year, warning of continued pressure ...
Thank you, President Lee Jae Myung, for the opportunity to share the IMF’s latest global economic outlook with APEC leaders, whose economies together represent about 61 percent of global GDP. As Korea ...
Additionally, the president doesn’t seem to grasp that the Fed only controls short-term interest rates. Longer-term rates on ...
Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...