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.
7,101 total articles
President Donald Trump signed an executive order that removes civil service protections for about 8,000 mostly senior federal workers, a step the White House and the Office of Personnel Management say will make it simpler to dismiss officials they view as obstructing policy. The measure targets a group earning as much as nearly $200,000 and judged …
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…
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…
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 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…
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.
The Federal Reserve's latest Beige Book finds the economy propped up by business investment but under strain from higher prices, softer consumer spending and modest job growth. Energy-driven inflationary pressures tied to the Middle East conflict have rippled into shipping, groceries and fertilizer, with anecdotal evidence of household belt-tighten…
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 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…
The Federal Reserve's latest Beige Book indicates a modest increase in U.S. economic activity in recent weeks, largely steady employment, and widespread inflationary pressures tied to higher energy costs stemming from conflict in the Middle East. Business outlooks were cautious amid elevated uncertainty and weakening consumer spending, and the repo…
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…
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…
U.S. Secretary of State Marco Rubio told a House Foreign Affairs Committee that Washington is engaged in regular talks with Denmark and Greenland about using the territory for collective defense. When questioned about Greenland's political status relative to Denmark, Rubio replied, "For now." He said discussions, focused on missile defense and broa…
Between May 23 and May 31, roughly 20 flights delivered technical equipment and specialist personnel to a Kenyan air force base where the U.S. government is preparing a 50-bed isolation facility for people potentially exposed to Ebola. The activity has proceeded despite a Kenyan court order suspending construction and intense local opposition that …
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…
U.S. Trade Representative Jamieson Greer said the United States and the European Union remain committed to implementing their framework trade agreement, even as Washington's recent tariff measures tied to forced labour allegations have provoked criticism from trading partners. Greer acknowledged outstanding items in the EU Parliament's draft legisl…
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…
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'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 …
U.S. Treasury yields rose modestly as renewed military action in the Middle East pushed oil prices higher and rekindled worries about persistent inflation. The 10-year note climbed 2 basis points to 4.475% after earlier touching 4.499%. Separately, ADP reported private payroll growth of 122,000 for the month, ahead of estimates and ahead of the gov…
Brazil's central bank governor said demand-driven forces are keeping inflation above levels consistent with the 3% target, highlighting persistent services inflation amid strong labor and income metrics. Financial institutions have scaled back expectations for the scale and pace of future Selic rate cuts as policymakers have already reduced rates t…
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…
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…
Federal Reserve Bank of New York President John Williams said monetary policy is currently appropriate and that there is no need to change short-term interest rates. He highlighted rising energy and goods inflation, along with technology-related price pressures tied to artificial intelligence, while noting the economy is growing at roughly 2% and t…
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.
