Economy News

Global Finance & Economic Policies

Track global economic trends, policy decisions, financial markets, and international trade developments that shape the world economy.

Beware of these tax scams as the filing deadline approaches, Congress warns

The bipartisan leaders of Congress' Joint Economic Committee are sounding the alarm about tax season scams that fraudsters may look to use on unsuspecting taxpayers as filing season winds down.Taxpaye...

Apr 10 4 views

These 8 US housing markets favor buyers

The climate of the U.S. housing market for buyers varies around the country, and a new report suggests there are currently only eight metro areas that are truly buyer's markets.The economist research ...

Apr 10 4 views

Inflation surged in March as Iran war's energy impact hit consumers

This story on the March 2026 CPI inflation report is developing and will be updated with further details.Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the...

Apr 10 9 views

USPS halts pension contributions after warning of looming cash crisis

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday.The move, which affects the F...

Apr 10 25 views

Property tax burden on Americans climbs as home values dip, new data shows

American homeowners around the country are feeling the squeeze of higher property taxes, with new data showing that the property tax burden rose last year.Data from analytics firm ATTOM showed that th...

Apr 9 15 views

Mortgage rates fall for first time in weeks after US-Iran ceasefire

Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Mark...

Apr 9 1 views

Amazon disrupting itself, rebuilding customer shopping experience around AI from ground up

Amazon is signaling a major shift in how it plans to serve customers, starting with rewriting parts of its own playbook.CEO Andy Jassy released his annual letter to shareholders on Thursday, writing t...

Apr 9 0 views

Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout

Americans are facing a tale of two grocery lists.While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out an...

Apr 9 2 views

US economy grew at 0.5% in fourth quarter

This story about the fourth-quarter GDP report is developing and will be updated with more details.The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the...

Apr 9 23 views

Fed's favored inflation gauge remained elevated in February, delayed report shows

This story about the February 2026 PCE inflation is developing and will be updated with more details.The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers c...

Apr 9 5 views

5 common mistakes that could be costing American taxpayers thousands of dollars every year

Tax season is closing in on the April 15 deadline to file your return or request an extension and a new report details some common mistakes that Americans are making throughout the year that are costi...

Apr 9 0 views

Fed official says interest rate hike possible as gas prices, inflation remain elevated

A Federal Reserve policymaker is warning that it could make sense to raise interest rates if inflation remains elevated above the Fed's 2% target amid uncertainty over the duration of the oil and gas ...

Apr 8 6 views