Fears of a hard landing are rocking global stocks again as stocks, oil and cryptocurrencies sell off.
Category: United States Economy
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Markets Around the World Are Rattled by Fears of Slowing U.S. Growth
Stocks in Asia tumbled, led by Japan, where declines triggered “circuit breakers” meant to calm rapid moves. European and U.S. markets were set for declines.
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Berkshire’s Cash Stockpile Soars as It Cuts Its Stake in Apple
The conglomerate reported nearly $277 billion in cash in the second quarter. And while it sold about 390 million shares in Apple, it still owned about 400 million.
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JD Vance Pioneered ‘New Right’ Economics. Trump May Not Embrace It.
The vice-presidential nominee favors economic policies that help advance a socially conservative vision of American society — and that sometimes clash with Trump’s own plans.
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5.25%
The Federal Reserve left interest rates at a two-decade high, but all the attention was on what it will do next.
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Stocks Drop as Jobs Report Shakes Market
A weaker-than-expected jobs report added to investors’ worries about the economy. Stocks fell sharply, and Treasury yields declined in expectation of a Federal Reserve rate cut.
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Global Markets Tumble Amid Fears of a U.S. Hard Landing
Investors are focusing on slowing U.S. economic growth as calls for the Fed to cut interest rates grow louder.
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Fed Will Scour Jobs Report for Signs of Weakness
Central bankers are preparing to cut interest rates, and are warily monitoring job data as they consider when and how much to lower them.
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July Jobs Report: What to Know
Job gains are lately being driven by the government, health care and assistance sectors, potentially masking broadly weaker hiring.
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Opportunity Zones, Lauded by Trump, Don’t Always Help Poor
A tax incentive, with bipartisan roots, aims to foster development in poor areas. It has fueled building, but it hasn’t always aided local residents.
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Productivity Surges 2.3%, Beating Forecasts
Output was up sharply in the second quarter, with the rise in goods produced far exceeding the increase in hours worked.
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Trump Promises Lower Interest Rates, but the President Doesn’t Control Those
The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.