Japan Falls to Fourth-Largest Economy Amid Unexpected Recession
Economy
Sharp Decline in January US Retail Sales Signals Economic Caution
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UK Economy Enters Recession, Challenging Sunak's Growth Pledge
"The United Kingdom's economy has officially entered a recession, marking a significant downturn and the weakest annual growth since the aftermath of the 2008 financial crisis, excluding the pandemic-impacted year of 2020. -
January Sees Unexpected Rise in Consumer Prices, Challenging Fed's Inflation Outlook
"consumer prices in January witnessed a rise that exceeded expectations, primarily driven by persistent increases in shelter costs.
The Latest
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More Than 1 in 3 Working-Age Americans Used Credit Cards for Groceries as Household Debt Pressure Builds
More working-age Americans are relying on credit cards to pay for groceries as elevated food prices continue to strain household budgets, according to a new Urban Institute survey. The findings suggest that many families are increasingly using revolving credit for essential purchases, raising concerns among financial experts about the long-term cost of carrying those balances. 
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U.S. Growth Slows Below Expectations While 30-Year Treasury Yield Nears 2007 Highs
The U.S. economy expanded at a weaker-than-expected 1.5% annualized rate in the second quarter, even as consumer spending accelerated and underlying inflation remained well above the Federal Reserve's 2% target. The Commerce Department data added to an uneven economic picture confronting Fed Chair Kevin Warsh, whose central bank held interest rates steady at 3.5% to 3.75% while acknowledging continued uncertainty tied partly to the conflict in the Middle East. 
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U.S. Economy Adds Just 57,000 Jobs in June, Missing Forecasts by Half as Labor Force Shrinks
The U.S. labor market lost momentum in June as employers added just 57,000 nonfarm jobs-less than half the number economists had expected-even as the unemployment rate edged lower, underscoring a labor market that is cooling without yet showing signs of a broad collapse. 
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US Job Openings Climb to Two-Year High as Hiring Slows and Worker Confidence Weakens
The U.S. labor market delivered conflicting signals in May as job openings climbed to their highest level in two years, even while employers hired fewer workers and consumer confidence in finding employment continued to deteriorate, underscoring the complex economic backdrop confronting policymakers ahead of upcoming Federal Reserve decisions. 
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U.S. Inflation Hits 4.2%, Highest Since 2023, as Iran Conflict Clouds Fed Rate Outlook
U.S. inflation accelerated to its highest level in more than three years in May, adding fresh pressure on the Federal Reserve as policymakers confront persistent price growth, resilient labor-market conditions and rising geopolitical risks tied to the conflict with Iran. 
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Eurozone Economy Contracts 0.2% as Ireland’s 12.1% Slump Masks Growth in Germany
The eurozone economy unexpectedly contracted in the first quarter of the year, marking its first decline in 12 months and underscoring the growing economic pressures confronting Europe as inflation accelerates and the conflict involving Iran fuels a new energy shock. 
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US Jobless Claims Jump to 225,000 as Layoffs Surge and Hiring Signals Turn Mixed
The U.S. labor market delivered a fresh set of conflicting signals this week as new unemployment claims climbed to their highest level since February, even while private-sector hiring and job openings pointed to continued resilience across large parts of the economy. 
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Fed Warns Iran Conflict Is Pushing Up Grocery Prices as Energy Costs Ripple Across U.S. Economy
The Federal Reserve is warning that rising energy costs tied to the conflict involving Iran are spreading through the U.S. economy, increasing pressure on businesses and consumers as higher fuel prices begin filtering into grocery bills, shipping costs, packaging expenses, and other everyday purchases. 
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U.S. Job Openings Surge To Highest Level In Nearly Two Years, Crushing Expectations
U.S. job openings climbed sharply in April to their highest level in nearly two years, offering fresh evidence that demand for workers remains resilient despite economic uncertainty, even as employers pulled back on actual hiring and workers showed little appetite for changing jobs. -
South Korea Overtakes U.S. in Cosmetics Exports After K-Beauty Sales Hit Record $11.4 Billion
South Korea surpassed the United States in cosmetics exports for the first time in 2025, as global demand for K-beauty products drove overseas sales to a record $11.4 billion, according to data released Saturday by South Korea's Ministry of Food and Drug Safety. 
