Financial markets aren’t the economy
A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 2, 2022 in New York City. Spencer Platt | Getty Images This report is …
Prices
JPMorgan backs off recession call even with ‘very elevated’ risks
JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are …
Prices rise for backpacks, notepads, pens
Jamie Grill | Getty Images Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread out her shopping across multiple …
Commerzbank CFO says the European Central Bank has hit pause
The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday. The ECB raised interest rates in July, …
U.S. Treasury yields ahead of July’s jobs report
U.S. Treasury yields held steady on Friday as investors awaited key labor market data that will give fresh insights into the state of the economy and could affect the Federal …
How interest rates impact your money — from savings to mortgages
“It can be easy to think that the decisions made by central banks don’t impact the daily lives of normal people, however, the reality is they’re very much likely to,” …
Here’s everything you need to look for in Friday’s July jobs report
Miami Beach, Florida, Normandy Isle, 7ty One Venezuelan restaurant, interior with customers dining and wait staff cleaning up. Jeff Greenberg | Universal Images Group | Getty Images Friday’s jobs report …
Geopolitical risks are a top global threat to businesses, survey finds
A Chinese and US national flag hang on a fence at an international school in Beijing on December 6, 2018. (Photo by Fred DUFOUR / AFP) (Photo by FRED DUFOUR/AFP …
Bank of Japan BOJ douses hopes for exit from ultra-easy policy
The Bank of Japan has pushed back on speculation its recent policy adjustment marked the start of a tightening cycle. Deputy Governor Shinichi Ichida on Wednesday reiterated the central bank’s …
Australia’s central bank RBA leaves interest rates unchanged at 4.1%
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images The Reserve …