Tag: U.S. economy

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Producer Prices Fall Ahead of Fed Rate Decision

Inflation at the wholesale level cools in August U.S. producer prices unexpectedly declined in August, reinforcing expectations that the Federal Reserve may cut interest rates...

Economists Warn New Tariffs Could Spur ‘Stagflation Lite’

Tariffs Raise Risk of Slower Growth and Higher Prices Economists are cautioning that President Donald Trump’s latest round of import tariffs, which took effect August...

Goldman Sees Slower U.S. Growth Ahead Due to Tariffs

Tariff-Driven Inflation Threatens Consumer Spending Goldman Sachs has warned that the U.S. economy is entering a period of weakened growth, primarily driven by inflation stemming...

Inflation Expectations Dip in May, Fed Survey Shows

Overview of Inflation Expectations Americans' fear of inflation eased in May, as revealed by the latest Survey of Consumer Expectations from the New York Federal...

Burberry Announces Major Job Cuts to Revive Performance

Burberry (BRBY.L) shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs, or around a fifth of its...

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Cisco Launches AI Edge Platform for Local Workloads

"Unified Edge" brings AI processing closer to data origin Cisco...

YouTube TV Drops Disney Channels Amid Contract Dispute

ABC, ESPN, FX, and more pulled from platform Millions of...

Yen Struggles as Fed and BOJ Diverge on Rate Outlook

BOJ holds rates steady, yen logs worst month since...

China Pledges to Resume U.S. Soybean Imports

Three-year commitment aims to restore lost trade ties China has...

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