Economy News

Global Finance & Economic Policies

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

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 2 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

US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows

A new report from Gallup finds that U.S. workers are less optimistic about the job climate and their level of engagement with their current jobs has remained relatively flat.Gallup released its 2026 S...

Apr 8 26 views

Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong

American consumers who are in the market for used cars are facing the highest prices in nearly three years, according to a new report.Wholesale prices for used vehicles rose to their highest level sin...

Apr 7 36 views

Jamie Dimon says New York, other cities face worker 'exodus' as lawmakers push higher taxes

JPMorgan Chase CEO Jamie Dimon warned that New York City and other cities with high taxes and regulatory burdens run the risk of losing businesses and workers to locales with more hospitable business ...

Apr 7 4 views

Lowe’s CEO warns AI can’t climb a ladder as company makes $250M bet on blue-collar future

While Silicon Valley spends billions trying to teach robots how to think, home improvement giant Lowe’s is putting its money on Americans who know how to build.As artificial intelligence threatens to ...

Apr 7 40 views