WASHINGTON, Nov 23 (Reuters) - Treasury Secretary Scott Bessent on Sunday said the 43-day government shutdown caused an $11 billion permanent hit to the U.S. economy, but he was optimistic about ...
Some experts see a dangerous combination of factors reminiscent of practices that led to previous financial crises. By Patricia Cohen Patricia Cohen, the global economics correspondent, is based in ...
Being the econ nerds that we are here at Planet Money and The Indicator, this Thanksgiving we want to give thanks for economic insights that improved our lives, solved a problem, or just plain ...
The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...
Last week Wall Street feverishly anticipated the quarterly revenue and profit results from Nvidia, the chipmaker at the center of the artificial intelligence (AI) boom. Would the results exceed ...
The longest US government shutdown is over, but the uncertainty clouding the economic outlook is not. US data limitations complicate an assessment of recent economic developments, but S&P Global’s ...
US employment growth exceeded forecasts while the jobless rate ticked higher in September, illustrating a tenuous labor market that is unnerving American consumers. Despite the healthy advance in ...
“Buy when there’s blood in the streets, even if the blood is your own,” was the maxim of 19th-century banker Nathan Rothschild. But for investors who don’t share his appetite for risk, gold has always ...
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