Economic Outlook

Oil edges up on higher US economic growth outlook; China import slump weighs Brent crude futures gained 83 cents to settle at $86.17 a barrel. U.S. West Texas Intermediate crude rose 98 cents to $82.92. Oil edges up on higher US…
Read More...

Biden to Restrict Investments in China, Citing National Security Threats The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the…
Read More...

Fitch tells CNN why it downgraded America now New York CNN Business—Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt. “The numbers speak for…
Read More...

Dollar gains after relatively strong data, Aussie dollar tumbles US dollar rate index news: The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction in June offset a decline…
Read More...

Here’s what inflation’s slowdown has meant for US businesses Washington, DC CNN—American businesses are expected to fare better in the coming months, according to a survey of economists and analysts released Monday. Inflation’s steady…
Read More...

US stocks rise to open big week of economic news The broad-based S&P 500 gained 0.3 percent to 4,550.76, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 14,063.83. Wall Street stocks climbed early Monday ahead of a…
Read More...

U.S. leading indicators point to recession starting soon An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims,…
Read More...

Business Highlights: Americans bump up spending in June; US firms helped keep Russian oil flowing Americans bump up spending in June as inflation eases in a strong jobs market NEW YORK (AP) — Americans increased their spending last…
Read More...

China using coercive business practices for economic advantage: US The diplomatic relations between China and US have been downgraded since the Chinese spy balloon incident Chinese Communist Party is using coercive economic practices to…
Read More...

Oil Prices Surge as US Inflation Data Eases Concerns Oil prices settled higher on Wednesday, with benchmark Brent futures breaching $80 a barrel for the first time since May, after U.S. inflation data spurred hopes the Federal Reserve may…
Read More...