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Economic News and Analysis

The latest news and analysis about the health of the US economy.

Economic News

  • Business
    Bloomberg

    Gold Drives Back Toward Record as Investors Embrace Fed’s Pivot

    (Bloomberg) -- Gold climbed toward a fresh record a day after the Federal Reserve kicked off an easing cycle with a 50-basis-point cut.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysThe Moonshot Plan to Eliminate Deaths on America’s RoadsTo Build a Happier City, Design for DensityThe precious metal advanced above $2

  • Business
    Bloomberg

    Big Banks Are Split on How Fast Fed Will Cut Interest Rates

    (Bloomberg) -- Wall Street’s biggest banks are divided over how fast and deep the Federal Reserve will cut interest rates over the next year, setting the stage for jittery financial markets until the outlook clears.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysThe Moonshot Plan to Eliminate Deaths on America’s Road

  • Business
    Bloomberg

    Treasuries Stumble as Resilient Jobs Data Vex Fed Rate Path

    (Bloomberg) -- US Treasuries are mostly sliding a day after the Federal Reserve cut interest rates by half a percentage point, with investors finding evidence of labor-market strength in the latest data.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysThe Moonshot Plan to Eliminate Deaths on America’s RoadsTo Build a