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1681. Biden nears point of no return with voters on the economy... (permalink)
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score: 2, Economy, 2022-05-05 13:05:54, published by CNN
• China's economy is going backwards ... [additional details]
1682. UK interest rates rise to the highest since 2009... (permalink)
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score: 2, Economy, 2022-05-05 13:05:03, published by BBC
The Bank of England also warns that the UK economy is set to shrink next year as the cost of living rises. [additional details]
1683. China's economy is going backwards ... (permalink)
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score: 2, Economy, 2022-05-05 12:06:02, published by CNN
China's gigantic services sector just contracted at the second sharpest pace on record as Covid lockdowns hit businesses hard. ... [additional details]
1684. From your mortgages to car loans and credit cards, here's what... (permalink)
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score: 2, Economy, 2022-05-05 02:05:46, published by CNN
The Covid era of free money is over, and the Federal Reserve is stepping up its fight against inflation. ... [additional details]
1685. 'Bottom of the heap': New CNN poll shows Biden's numbers falling... (permalink)
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score: 2, Economy, 2022-05-05 01:06:00, published by CNN
CNN political director David Chalian breaks down a new poll that shows Americans ranking the economy as their top concern, while also giving President Biden poor marks on his handling of the issue. ... [additional details]
1686. CNN Poll: Most Americans say Biden's policies have hurt the economy... (permalink)
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score: 2, Economy, 2022-05-04 22:05:59, published by CNN
The US public's view of the nation's economy is the worst it's been in a decade, a new CNN Poll conducted by SSRS finds, with many Americans also saying they feel financial strain in their own lives. ... [additional details]
1687. Inflation is at a 40-year high. The Fed announced these aggressive moves... (permalink)
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score: 2, Economy, 2022-05-04 20:06:45, published by USA Today
The Federal Reserve raised its key interest rate, which will set off a domino effect throughout the U.S. economy, from credit cards to mortgages.... [additional details]
1688. The Fed is about to make history again... (permalink)
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score: 2, Economy, 2022-05-04 12:06:03, published by CNN
All eyes will be on the Federal Reserve Wednesday as it wraps up a crucial policy meeting in Washington, DC, the outcome of which will have repercussions for millions of American families and businesses, as well as the economy, ahead of the midterm elections. ... [additional details]
1689. What does a recession mean for the average person? The odds of one are... (permalink)
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score: 2, Economy, 2022-05-04 11:06:42, published by USA Today
What happens when we go into a recession is a question more people are asking after the economy contracted last quarter... [additional details]
1690. Opinion: The GDP report isn't as bad as it seems, but there are... (permalink)
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score: 2, Economy, 2022-05-03 16:06:11, published by CNN
If you grimaced at the most recent US GDP report, you weren't alone. At first glance, it suggested that the US economy may have entered a recession. Growth nosedived in the first quarter of the year, shrinking by an annualized rate of 1.4%. Bizarrely, though, the details of the report show relativel... [additional details]
1691. 'Very, very unlikely' Fed can tame inflation without sparking... (permalink)
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score: 2, Economy, 2022-05-03 13:06:08, published by CNN
The Federal Reserve helped rescue the economy from the worst pandemic in a century. That task may prove easy compared with the Fed's next mission: crush inflation, without causing a recession. ... [additional details]
1692. How Fed's bigger, faster rate hikes will affect your credit card, mortgage,... (permalink)
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score: 2, Economy, 2022-05-03 12:06:54, published by USA Today
The Federal Reserve began an aggressive campaign to curb inflation by raising rates just six weeks ago. Now, it's putting those increases on steroids,... [additional details]
1693. These numbers are bad news if you're trying to buy or refinance... (permalink)
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score: 2, Economy, 2022-05-02 19:05:57, published by CNN
Bad news for anyone trying to buy a house or refinance an existing loan: The yield on the benchmark 10-year US Treasury note, which influences how much consumers pay for mortgages and a variety of other loans, is flirting with the 3% level for the first time since December 2018.... [additional details]
1694. China silences prominent market analyst as economic slump deepens... (permalink)
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score: 2, Economy, 2022-05-02 16:06:34, published by CNN
Chinese social media have shut down the accounts of a prominent market analyst who drew attention in recent weeks to the dramatic slowdown in the country's economy and the effects of government policy on the tech industry. ... [additional details]
1695. Opinion: The Fed can't afford to make the wrong moves again... (permalink)
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score: 2, Economy, 2022-05-02 16:06:04, published by CNN
Economist Milton Friedman famously taught us that monetary policy operates with long and variable lags. By this he meant that it takes time for the Federal Reserve's actions to affect the economy, in much the same way as it takes time for a room's temperature to adjust to changes in a thermostat's s... [additional details]
1696. Investing ethically won't buy protection in this market... (permalink)
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score: 2, Economy, 2022-05-02 14:06:16, published by CNN
As the economy began bouncing back from the coronavirus pandemic, interest in investment products that promoted good environmental, social and governance practices took off. ... [additional details]
1697. Biden's $1.9T stimulus caused inflation, critics say. But others argue... (permalink)
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score: 2, Economy, 2022-05-02 13:07:07, published by USA Today
Some economists say Biden's $1.9T American Rescue Plan was a big contributor to inflation. Others say the stimulus saved the economy.additional details]
1698. For first-time homebuyers, are starter homes becoming extinct? (permalink)
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score: 2, Economy, 2022-05-02 11:07:00, published by USA Today
For first-time homebuyers, steep housing prices are making it hard to buy starter homes, and inflation and rising mortgage rates may make it worse... [additional details]
1699. Why Americans are tipping less... (permalink)
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score: 2, Economy, 2022-04-30 02:05:56, published by CNN
Service tips spiked at the onset of the Covid-19 pandemic. Two years later, the service economy is witnessing a drop in tips. CNN's Tom Foreman explores a Washington DC pizzeria affected by tipping fatigue and a general confusion surrounding the shifting tip culture. &l... [additional details]
1700. Are we in a recession? What the GDP dip last quarter means for our economy (permalink)
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score: 2, Economy, 2022-04-29 18:07:02, published by USA Today
GDP fell by 1.4% last quarter. That doesn't necessarily mean the U.S. is closer to a recession, but some say one might be on the way in 2023.additional details]
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