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The Latest Breaking News from Economy

Tokyo Stocks Surge After Previous Day's Record Fall

Tokyo stocks surged Tuesday following a record selloff the previous day that was fuelled by worries over the US economy and a stronger yen.

International Business Times

Asian Stocks Rebound From Rout As Fed Faces Calls To Cut Rates Early

Asian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.

International Business Times

Japan's share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street

Japan's benchmark Nikkei 225 index has soared more than 10% a day after it set markets tumbling in Europe and on Wall Street, while other world markets appeared to have settled after the rollercoaster ride that started the week

The Independent UK

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The 5 reasons behind Monday’s global stock market rout

"The ‘Wall of Worry’ certainly has a broad enough foundation currently,” Jack Janasiewicz, lead portfolio strategist at Natixis Investment Managers, said.

Fortune

San Francisco Fed President Daly: US Economy Slowing, Not Collapsing

San Francisco Federal Reserve President Mary Daly discusses concerns about softening US economy and potential rate cut.

Top News

Stocks Plummet As US Economy Fears Rise

Stocks tumble as US economic concerns trigger global market decline. Analysts expect Fed rate cut. Evaluate fundamentals amidst market volatility.

Top News

Dollar Retreats on Rising US Economic Risks

The dollar index (DXY00 ) Monday fell by -0.52% and posted a 6-3/4 month low. The dollar Monday extended last Friday’s selloff on concern the Fed is behind the curve with policy support for a slowing US economy. Swap markets have now priced in a 100% chance the Fed will...

Barchart

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Attention, jittery investors: Stop panicking … this is what a soft landing should look like

What a difference a job report makes. Earlier in the summer, people were worried that the economy was too hot. But now – in response mainly to weaker-than-expected employment data released on Aug. 2, 2024 – stocks are plunging. Some analysts even worry that a recession could be on the…

The Conversation

Experts are warning of a global recession. Here’s what that actually means

While warning about a 25 percent chance of an economic downturn, Goldman Sachs said the US economy remains “fine overall,” and that the recession risk is “limited”

The Independent UK

Financial markets around the globe are falling. Here's what to know about how we got here

Markets on Wall Street and around the world are in a mini-panic

The Independent UK

The global market meltdown just sent Wall Street’s ‘fear gauge’ to a 4-year high

“[T]his market volatility is mostly a global carry trade unwind and a reevaluation of the AI hype,” Jim Smigiel, chief investment officer at SEI, argued Monday.

Fortune

US Services Sector Strengthens After June Contraction

Learn about the recent rebound in the ISM services sector and its implications for the US economy amidst economic volatility.

Top News

Mixed Signals: US Corporations Divided On Consumer Spending Trends

Explore the impact of consumer behavior on the US economy through major corporations' performance and economic data analysis.

Top News

Dollar Falls on a Global Rout of Risk Assets

The dollar index (DXY00 ) today is down by -0.66% and posted a 6-3/4 month low. The dollar today extended last Friday’s selloff on concern the Fed is behind the curve with policy support for a slowing US economy. Swap markets have now priced in a 100% chance the Fed...

Barchart

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Reason

Recession Is Not Inevitable, Despite Stock Market Slump

A few reasons to remain calm about the economy

Top News

Economists Fear Possible Crash Landing For US Economy

US economy faces concerns of a hard landing with rising unemployment and inflation, posing challenges for policymakers and financial stability.

The Guardian - UK

Warning signs of US recession may be bad news for Kamala Harris

Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy

Top News

Oil Prices Fall As Global Economy Concerns Rise

Oil prices dropped due to global economic concerns and potential recession fears, despite Middle East tensions. Learn more about the factors affecting oil ...

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Top News

US Stock Futures Tumble Amid Weakening Economy And Job Report

US stock futures decline as investors worry about the economy, tech valuations, and rising unemployment rate.

Top News

Labor Market Shows Signs Of Weakening Amid Economic Concerns

Explore recent US economic developments, including labor market resilience, stock market reactions, and political implications.

Barchart

Stocks Set to Open Sharply Lower as Global Market Rout Intensifies

September S&P 500 E-Mini futures (ESU24) are down -2.48%, and September Nasdaq 100 E-Mini futures (NQU24) are down -4.10% this morning, extending last week’s losses as concerns intensified that the Federal Reserve is lagging in providing policy support for a slowing U.S. economy.

International Business Times

Indonesian Growth Slows In Second Quarter

Growth in Southeast Asia's largest economy was 5.05 percent in the second quarter, slightly lower than the previous quarter's 5.11 percent, Statistics Indonesia said.

Barchart

Stocks Set to Open Sharply Lower as Global Rout Intensifies

Latin Times

Stocks Hammered After US Data Fans Recession Fears

A much-anticipated report Friday showed the US economy added just 114,000 jobs last month, well down from June and far fewer than expected, while the jobless rate rose to the highest level since October 2021.

Evening Standard

Chancellor Rachel Reeves flies to New York to promote London Square Mile as 'crown jewel' in Britain's economy

She was due to meet Wall Street leaders in New York and host a reception to celebrate women in finance

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