Economy

Macroeconomic data, trends, and policy developments.

Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.

Articles

5,050 total articles

Dallas Fed’s Logan Warns Rate Hike Could Be Needed to Curb Rising Inflation

Dallas Fed’s Logan Warns Rate Hike Could Be Needed to Curb Rising Inflation

Dallas Federal Reserve President Lorie Logan said strong economic growth, surging corporate earnings and an AI investment boom are keeping financial conditions accommodative and raising the likelihood that the Fed may need to lift interest rates later this year to return inflation to 2%. Logan flagged rising inflation pressures from multiple source…

Trump to Attend July NATO Summit in Turkey, Rubio Confirms

Trump to Attend July NATO Summit in Turkey, Rubio Confirms

U.S. Secretary of State Marco Rubio told lawmakers that President Donald Trump will participate in the NATO meeting of heads of state scheduled in Ankara in early July. Rubio framed the announcement against the backdrop of the president's frustrations with some NATO allies for restricting U.S. military access during the conflict with Iran, and said…

Stocks Pull Back as Middle East Tensions and Rising Oil Prices Spur Profit-Taking

Stocks Pull Back as Middle East Tensions and Rising Oil Prices Spur Profit-Taking

U.S. equities retreated from record levels as renewed hostilities in the Middle East and higher crude prices prompted investor caution and profit-taking. Financial and technology sectors were the main drags, the small-cap Russell 2000 lagged, and energy shares benefited from rising oil. Market pricing for eventual Fed tightening increased, even as …

New Zealand housing market stalls as borrowing costs and energy shock sap demand

New Zealand housing market stalls as borrowing costs and energy shock sap demand

New Zealand house prices were unchanged in May following a 0.2% drop in April, according to Cotality’s home value index published Thursday in Wellington. Prices have broadly been stable this year and sit 0.4% above a two-year low recorded in August of last year. Analysts point to higher home-loan interest rates and the global energy shock tied to t…

Treasury Yields Rise as Mideast Escalation Pushes Oil Higher

Treasury Yields Rise as Mideast Escalation Pushes Oil Higher

U.S. Treasury yields climbed on Wednesday after renewed tensions in the Middle East sent oil prices higher. The 10-year Treasury yield rose to 4.489%, its largest one-day gain in two weeks, while U.S. crude reached $96 per barrel. Diplomatic progress toward reopening the Strait of Hormuz stalled following attacks and subsequent military strikes.

Bank of America Keeps Campus Recruiting at 4,000 as It Rolls Out AI

Bank of America Keeps Campus Recruiting at 4,000 as It Rolls Out AI

Bank of America will onboard 4,000 early-career hires next week - 2,000 summer interns and 2,000 full-time college recruits - maintaining the same campus intake as last year while expanding the use of artificial intelligence to lift productivity and manage headcount through natural attrition. The firm says the intake is a core leadership pipeline a…

Zambia Moves Toward Private Talks with Bondholders After Buyback Block

Zambia Moves Toward Private Talks with Bondholders After Buyback Block

Zambia is preparing to enter confidential negotiations with a subset of bondholders who have prevented the government from executing a buyback of a $1.36 billion bond ahead of a scheduled coupon increase later this year. Potential non-disclosure agreements could open the door to direct exchanges about the tender offer, while advisers to the governm…

European governments discuss possible talks with Russia as winter approaches

European governments discuss possible talks with Russia as winter approaches

Germany, France and the United Kingdom have been working with Ukrainian officials on proposals to engage Russia in negotiations to end the conflict, according to Bloomberg News, which cited people familiar with the discussions. The three European governments see a window to potentially bring President Vladimir Putin to the table amid a stalemate on…

U.S. Services Activity Strengthens in May as Supply Limits Push Costs Higher

U.S. Services Activity Strengthens in May as Supply Limits Push Costs Higher

Activity in the U.S. services sector accelerated in May, with companies increasing orders and rebuilding inventories amid emerging supply constraints and higher input prices. The Institute for Supply Management's non-manufacturing index rose to 54.5, while the prices-paid gauge climbed to its strongest level in nearly four years, reflecting a widen…

Federal Reserve Flags Modest Rise in U.S. Loan Delinquencies in 2025

Federal Reserve Flags Modest Rise in U.S. Loan Delinquencies in 2025

The Federal Reserve reported a modest increase in loan delinquencies across consumer, commercial and residential real estate categories in 2025, even as overall loan growth remained steady and most banks retained strong capital positions. The Fed also highlighted concerns about private credit after several nonbank defaults and said some banks are r…

Samples from Suspected Screwworm Infestation in La Pryor Sent to Federal Lab

Samples from Suspected Screwworm Infestation in La Pryor Sent to Federal Lab

Samples taken from two calves on a ranch in La Pryor, Texas, have been forwarded to a federal laboratory in Iowa to determine whether they represent New World screwworm infestations. The specimens were collected Tuesday and were described by Texas Representative Don McLaughlin, who has reviewed photos and video of the cases. State and federal agenc…

DHS Moves to Void Majority of Unfinalized Contracts from Noem Tenure

DHS Moves to Void Majority of Unfinalized Contracts from Noem Tenure

Homeland Security Secretary Markwayne Mullin told lawmakers his department has rescinded most pending contracts that were initiated under former Secretary Kristi Noem, following congressional concerns and an internal Office of Inspector General review. Mullin said finalized agreements remain difficult to unwind, while the inspector general continue…

Mexico Says Most US-Bound Goods Would Be Exempt from Proposed 10% U.S. Tariff

Mexico Says Most US-Bound Goods Would Be Exempt from Proposed 10% U.S. Tariff

Mexico's Economy Ministry clarified that products satisfying United States-Mexico-Canada Agreement rules of origin would be excluded from a proposed 10% U.S. tariff tied to a forced labor import probe. The ministry said the clarification followed talks with the Office of the U.S. Trade Representative and noted that about 85% of Mexico's exports to …

IMF Staff Reaches Agreement with Ethiopia on Fifth Review of ECF Program

IMF Staff Reaches Agreement with Ethiopia on Fifth Review of ECF Program

IMF staff have concluded a review with Ethiopian authorities on the fifth assessment of the country's four-year Extended Credit Facility (ECF) program. The staff-level agreement would release about $468 million once the IMF Executive Board grants its approval, increasing total IMF disbursements under the arrangement to roughly $2.651 billion. The r…

Lula Rebukes U.S. After Proposed 25% Tariff, Signals Pivot if Purchases Dry Up

Lula Rebukes U.S. After Proposed 25% Tariff, Signals Pivot if Purchases Dry Up

Brazilian President Luiz Inacio Lula da Silva criticized a U.S. proposal for a 25% punitive tariff on a broad range of Brazilian imports, saying the move came before trade talks had concluded. Lula said he had left a recent meeting convinced bilateral ties were improving, reaffirmed Brazil's desire to strengthen institutional ties with the United S…

Bangladesh Seeks New IMF Financing, Exits Current $5.5 Billion Programme

Bangladesh Seeks New IMF Financing, Exits Current $5.5 Billion Programme

Bangladesh has asked the International Monetary Fund for a new financial arrangement and will leave its existing $5.5 billion programme, officials said. The government plans to negotiate a framework that better reflects current economic and political realities, with IMF staff expected to begin detailed discussions in the coming weeks.