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The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says
The US recession many forecasters have been calling for isn't going to materialize anytime soon, ac…
Jennifer Sor
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
A 'Roaring '20s' economy is becoming more likely as bullish factors stack up, UBS says
"It's no longer too soon nor too optimistic to suggest that the US will experience a Roaring '20s e…
Matthew Fox
Fitch raises global growth forecast on improved near-term prospects
Fitch Ratings has raised its 2024 global GDP growth forecast by 0.3 percentage points to 2.4 per ce…
ANI
Growth in India set to get more broad-based, says Morgan Stanley; pegged 6.8% for 2024
Growth in India, which already is strong and surging, may become more broad-based across both on th…
ANI
S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years
In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…
PTI
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduce…
Kelly Cloonan
The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says
The US could add as many as 300,000 jobs in September, according to an estimate from Apollo's chief…
Jennifer Sor
We're losing the one thing that's keeping the peace between America and China
American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…
Linette Lopez
This college professor turned out to be an economic oracle last year. Here's her outlook for 2024.
Belinda Román teaches at a little-known Catholic university in Texas. She called the economy better…
George Glover
Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire e…
Jennifer Sor
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
India to clock 7% growth in FY25 despite headwinds: Deloitte
According to Deloitte projections, growth is likely to be 6.7% in the next fiscal year (2025-26). T…
PTI
Bad news for coders: The US is past peak software developer
The strong demand for software developers has softened, so it could take more time to land this typ…
Madison Hoff
Small business owners could be poised for a 1990s-like boom
One economist warned entrepreneurs against letting fear of the economy guide emotional business dec…
John Towfighi
American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
As KFC and McDonald's struggle globally, they're driving hard into China with aggressive store expa…
Matthew Loh
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
A closely watched gauge of economic activity says no recession headed for the US
The gauge declined again in January but for the first time in six months, most of the indicator's c…
Yuheng Zhan
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.