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New York Fed President Williams worries war will slow growth, aggravate inflation

Thu Apr 16 9:58 am

Williams noted that the conflict has "intensified the uncertainty" around national and local conditions.
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UK economy grew 0.5% in February, beating economists' expectations by a long shot

Thu Apr 16 3:00 am

Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
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Cattle prices soar to record highs as grilling season heats up

Wed Apr 15 4:31 pm

Cattle futures contracts have jumped more than 25% over the past 12 months as ranchers face rising costs and cut the size of herds.
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Here are all the ways the Iran war has affected the U.S. economy so far

Wed Apr 15 1:13 pm

The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
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Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'

Wed Apr 15 11:21 am

The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.
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Trump threatens to fire Powell if the Fed chair doesn't leave office on his own

Wed Apr 15 10:43 am

Though most Fed chairs in the past have left after being replaced, Powell has demurred on what he plans to do.
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U.S. says Hormuz blockade 'fully implemented,' while signaling diplomatic off-ramp for Iran

Wed Apr 15 10:40 am

The White House has been signaling a diplomatic solution to the conflict in the Middle East, as discussions around continuing negotiations with Tehran are underway.
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CEOs are betting AI will augment work rather than displace all workers

Tue Apr 14 12:04 pm

Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that's already done, improving its quantity and quality.
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Wholesale prices rose 0.5% in March, much less than expected despite war impact

Tue Apr 14 10:08 am

The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.
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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

Mon Apr 13 7:20 pm

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.
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Consumer sentiment hits record low, inflation fears rise amid Iran war

Fri Apr 10 11:48 am

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
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Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

Fri Apr 10 9:37 am

The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
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