Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close
The "misery index" is the addition of the unemployment rate to the annualized inflation rate in the U.S. Source link
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Breaking News: Economy
Stocks making the biggest moves midday: Ally Financial, Southwest Airlines, Oracle and more
These are the stocks posting the largest moves in midday trading. Source link
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Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
The CEO of the biggest U.S. bank says he sees a raft of inflationary forces on the horizon, including higher
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‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.
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Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back on skepticism of Riyadh's economic diversification. Source link
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Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
After surviving the "terrible prophecies," Europe's economy must face the challenges of the war in Ukraine and trade ties with
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U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues. Source link
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Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening
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Here’s where the jobs are for August 2024 — in one chart
Health care and hospitality were key drivers for a job market that has cooled off in recent months. Source link
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