Economic News

The latest analysis and insights into current events and economic indicators such as central bank news, unemployment numbers, GDP, and more.

tips to find a retail job think small shopping strips

Defaults on Commercial Real Estate Loans Surge to 14-Year High

Kathleen Marshall

Published Mar 31, 2023

Grocery Prices at Supermarket

The Fed's Preferred Inflation Gauge Rose Less Than Expected in February

Published Mar 31, 2023

Wall Street

Wall Street Bonuses Fall 26% to Pre-Pandemic Levels

Published Mar 30, 2023

Buy Now, Pay Later (BNPL) Apps on iPhone

Buy Now, Pay Later Could Become a Multi-Trillion Dollar Business

Published Mar 29, 2023

The Federal Reserve building at sunset

Inflation or the Economy: What Will Fed Rate Hikes Break First?

Published Mar 29, 2023

Explore Economic News

Blurred motion view of cars driving in Austin cityscape, Texas, United States

U.S. Housing Prices Fell for Seventh Straight Month in January

Updated Mar 28, 2023

Lower Manhattan Skyline

The New York City Economy Tracker: February 27, 2023

Published Mar 28, 2023

BlackRock HQ, New York City

BlackRock Strategists Rule Out Fed Rate Cuts in 2023

Published Mar 28, 2023

Man using laptop computer at home, looking concerned and stressed out

How Many Jobs Will the Fed’s War on Inflation Cost?

Published Mar 26, 2023

Outdoor Diners at an NYC Restaurant

Business Activity Rebounded in March on Higher Demand, Service Sector Strength

Published Mar 24, 2023

Woman Renovating Home

Americans Spent Record $567 Billion to Fix Their Homes Last Year

Published Mar 24, 2023

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation.

Fed, Focusing on Inflation, Hikes Interest Rate Again Despite Banking Turmoil

Updated Mar 22, 2023

Townhouse for sale

Mortgage Rates Decline to the Lowest Level in a Month

Published Mar 22, 2023

A woman works at the Buenos Aires Central Market on March 16, 2023 in Buenos Aires Province, Argentina. Official inflation rate hits 102.5% in the last twelve months and it is the worst register since 1991. Inflation, along with corruption and poverty, is one of the main concerns of the Argentinians who will be heading to polls in October to vote for president.

Think Inflation Is Bad in the US? See What Other Countries are Dealing With

Updated Mar 22, 2023

Couple with baby touring home for sale.

Selling Your Home? You'll Get the Highest Price, Quickest Sale in One Special Week

Published Mar 21, 2023

Home for sale

Existing Home Sales Surged in February, Recording First Gain in 13 Months

Published Mar 21, 2023

An over-the-shoulder angle of a woman using a credit card to buy something online.

Credit Card Costs Climbing as Fed Hikes Interest Rates

Published Mar 21, 2023

Federal Reserve and Interest Rates

Federal Lending to Banks This Week Eclipses 2008 Financial Crisis Peak

Published Mar 18, 2023

Consumers shopping at a Target store

Key Consumer Sentiment Gauge Unexpectedly Fell in March

Published Mar 17, 2023

New home construction in Petaluma, California, 2015

Housing Starts Rose by Almost 10% in February

Published Mar 17, 2023

U.S. Treasury Secretary Janet Yellen speaks publicly

Yellen Says US Banking System Is Sound

Published Mar 16, 2023

People in front of Goldman Sachs sign

Goldman Cuts GDP Forecast on Banking Concerns

Published Mar 15, 2023

Factory

Producer Prices Unexpectedly Fell in February

Published Mar 15, 2023

Uber is available in 500 worldwide cities, including Los Angeles.

Here's What Prop 22 Means for the Gig Economy

Published Mar 14, 2023

Man mowing grass on sunny day

The Biggest Driver of Inflation Is a Price That No One Is Actually Paying

Published Mar 14, 2023

Woman checking bill at supermarket

Consumer Inflation Cooled in February

Published Mar 14, 2023

Members of the media interview a Silicon Valley Bank customer outside of the bank office on March 13, 2023 in Santa Clara, California. Days after Silicon Valley Bank collapsed, customers are lining up to try and retrieve their funds from the failed bank. The Silicon Valley Bank failure is the second largest in U.S. history.

Banking Chaos Could Prompt Fed to Slow or Pause Rate Hikes

Published Mar 13, 2023

A worker (C) tells people that the Silicon Valley Bank (SVB) headquarters is closed on March 10, 2023 in Santa Clara, California.

US Unveils 'Decisive' Action on SVB, Says All Depositors to Have Access to Deposits

Published Mar 13, 2023

People at business meeting

More People Are Returning to Work, Some Groups Faster Than Others

Published Mar 11, 2023

Small Business Owners

Almost Half of Small Businesses Struggle to Fill Open Jobs

Published Mar 10, 2023

Now Hiring Sign

February Jobs Growth Exceeds Expectations

Published Mar 10, 2023

For sale sign in front of real estate property

Mortgage Rates Move Up for the Fifth Week in a Row

Published Mar 09, 2023

Industrial-looking apartment building at 40 Mercert St. in NYC

New York City's Rising Rents Show No Signs of Slowing

Published Mar 09, 2023

Image of electric power plant

U.S. Electricity Prices Expected to Drop

Published Mar 08, 2023

Workers sit at desks in an open concept office.

Despite Dip, Job Openings Stayed Plentiful in January

Published Mar 08, 2023

Small Business (Apparel Store)

Private Sector Payrolls Rose More Than Expected in February

Published Mar 08, 2023

House Under Construction

Housing Gap Widens as More Families Confront Fewer Homes

Published Mar 08, 2023

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation.

Fed Chair Powell: Rate Hikes Will Go 'Higher Than Previously Anticipated’

Published Mar 07, 2023

Chinese President Xi Jinping Must Reform China's Economy

China Sets Lowest Economic Growth Target in Three Decades

Published Mar 06, 2023

Close up of a father and daughter in their kitchen

BNPL Customers Are More Financially Vulnerable

Published Mar 04, 2023

Federal Reserve Building, Washington, D.C.

Central Banks See Longer, Harsher War on Inflation

Published Mar 03, 2023

Aerial view of homes in suburban neighborhood

Home Loan Rates Move Higher

Published Mar 02, 2023

Couple paying their bills over a computer at home.

The Pandemic Housing Boom Left Black Homebuyers Behind

Published Mar 02, 2023

A woman in safety glasses performs a maintenance check on machinery in a factory.

That College Major Aimed at Landing a High-Paying Job Might Not Land You Work After All

Taylor Tompkins

Published Mar 02, 2023

Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence on Sept. 20, 2021 in New York City.

What if Billionaires Paid More in Taxes?

Published Mar 02, 2023

A Step-by-Step Guide to Buying Your First Home

Mortgage Applications for Purchases Dropped to 28-Year Low Last Week

Published Mar 01, 2023

Shopping at Santa Monica Place

U.S. Consumer Confidence Falls for Second Month; Home Price Growth Slows

Published Feb 28, 2023

Realtor showing mother and daughter a home for sale.

Pending Home Sales Improve for Second Straight Month

Published Feb 27, 2023

A construction worker stands atop a new home under construction.

New Home Sales Rose 7.2% in January From December

Published Feb 24, 2023

Members of the Federal Reserve Board of Governors Christopher Waller, Miki Bowman, Chair Jerome Powell, Vice Chair Lael Brainard, Philip Jefferson and Lisa Cook pose for a group photo.

Fed Officials, Data Reinforce Need for Persistence in Inflation Fight

Published Feb 24, 2023

Line Outside Unemployment Office

Black, Latino Employment Hurt Most by Recessions: Research

Hiranmayi Srinivasan

Published Feb 24, 2023

Contactless Mobile Credit Card Transaction

Inflation Accelerated in January, Although Consumer Sentiment Climbed This Month

Published Feb 24, 2023

Federal Reserve Bank Washington D.C.

Some Fed Policymakers Wanted Higher Rates

Published Feb 22, 2023

U.S. Mortgage Demand Skyrockets As Interest Rates Decline

Mortgage Applications Drop the Most in Five Months

Published Feb 22, 2023

Top down aerial shot of suburban tract housing near Santa Clarita, California. A maze of roads and dead end streets of large single family homes, some with swimming pool.

U.S. Homebuyers Start To Regain Upper Hand in 2023

Published Feb 21, 2023

Home for sale

Existing Home Sales Slumped to a 12-Year Low in January

Published Feb 21, 2023

A stockbroker holding his phone and watching a computer monitor

The Yield Curve's Recession Warning is Getting Louder

Published Feb 16, 2023

Manager and supervisor taking inventory in warehouse

Wholesale Inflation Rose More Than Expected in January

Published Feb 16, 2023

Family viewing house under construction

Homebuilder Confidence Improves at Fastest Pace in a Decade

Published Feb 15, 2023

The U.S. Capitol Building dome is seen from the Cannon House Office Building January 19, 2023 in Washington, DC.

‘Cataclysmic’ Debt Ceiling Breach Could Cost 7 Million Jobs, Moody’s Estimates

Published Mar 07, 2023

Lower Manhattan Skyline

The New York City Economy Tracker: February 13, 2023

Published Feb 15, 2023

A couple look at a tablet being held by a car salesman inside a dealership.

Shopping Surged in January, Defying Inflation and The Fed

Published Feb 15, 2023

Lower Manhattan Skyline

The New York City Economy Tracker

Updated Mar 28, 2023

Friends are shopping at a grocery store.

Consumers May Face 'Reckoning' As Inflation’s Descent Slows

Updated Feb 14, 2023

Customer at a Supermarket

Consumer Prices Rose More Than Expected in January

Published Feb 14, 2023

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