Economy News

Global Finance & Economic Policies

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

More than 120K refrigerators recalled after 34 fires and one reported death

More than 120,000 refrigerators are being recalled over a fire and burn hazard after federal regulators received 34 reports of fires, including one that reportedly resulted in a death.About 121,680 Ga...

Jul 31 11 views

Mortgage rates rise to 1-year high

Mortgage rates rose this week to the highest level in a year, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate o...

Jul 30 6 views

Mortgage rates rise to one-year high

Jul 30 3 views

US economic growth slows unexpectedly in second quarter

This story about the advance estimate of second-quarter GDP will be updated with further details.U.S. economic growth slowed unexpectedly in the second quarter of the year, according to the Commerce D...

Jul 30 3 views

Fed's favored inflation gauge showed prices pulled back in June

The Federal Reserve's preferred inflation gauge fell in June, as the pace of price growth pulled back amid volatility in energy markets.The Commerce Department on Thursday reported that the personal c...

Jul 30 7 views

Fed policymakers leave rates unchanged amid elevated uncertainty

This story about the Federal Reserve's July 2026 interest rate decision is breaking news. Please check back for updates.The Federal Reserve on Wednesday announced that it will hold interest rates stea...

Jul 29 5 views

Zuckerberg predicts more jobs and entrepreneurship if superintelligence is widely distributed

Meta CEO Mark Zuckerberg wrote in a new op-ed published on Tuesday that the rise of artificial intelligence should be used to empower all people rather than being centralized and controlled by a few i...

Jul 28 9 views

Albertsons warns of softer grocery demand as consumers pull back

Albertsons lowered its fiscal 2026 sales and earnings outlook Thursday after weaker grocery demand and a more cautious consumer weighed on its first-quarter performance.The grocery chain now expects i...

Jul 24 9 views

Mortgage rates hit highest level in nearly a year

Mortgage rates rose again this week and reached the highest level in nearly a year, mortgage buyer Freddie Mac said on Thursday.Freddie Mac's latest Primary Mortgage Market Survey showed the average i...

Jul 24 6 views

Fidelity estimates retirees will spend $185,500 on healthcare and medical expenses in retirement

Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant jump from a year ago as medical care and related expenses become more expensive.The rep...

Jul 23 9 views

Florida stock rising: How it became world's 14th largest economy as blue states continue a 'death spiral'

Pulling in capital, talent and corporations at a historic clip, Florida is no longer just competing with rival states — it’s competing with global economies.New data from the Florida Chamber of Commer...

Jul 23 7 views

Jaguar Land Rover recalls more than 15,000 vehicles over visibility-limiting defect

Jaguar Land Rover is recalling more than 15,000 vehicles over an issue that could affect the rearview camera, which could limit the driver's rear visibility while reversing, according to federal regul...

Jul 23 13 views