Economy and Politics

Carbon markets are politically and economically positioned to reduce emisssions worldwide.

22V Research: "The notion of no funding or delayed money to Ukraine has fallen by the wayside."

Will the ex-congressman still qualify for a pension and strolling around the House floor? Here's the deal.

Lower inflation readings "are welcome," Jerome Powell says, but "that progress must continue" to reach the Fed's 2% objective.

Santos becomes just the sixth lawmaker in U.S. history to be expelled, a move that takes two-thirds of the House of Representatives.

U.S. securities regulators levied fines totaling more than $7 million against three China-based auditors for a variety of offenses including issuing a false audit report.

A barometer of business conditions at American factories was negative in November for the 13th month in a row, indicating little improvement in the industrial side of the economy.

Construction spending rose in October for the 10th month in a row, largely because of work on commercial buildings and government-funded public projects.

Powell is likely to “lean against against the notion that there are cuts imminent."

Shein's IPO filing is sparking fresh talk in Washington that the fast-fashion company deserves considerable scrutiny for possible ties to forced labor in China, even as it has made efforts to respond to critics.

The Chicago Business Barometer, also known as the Chicago PMI, jumped to 55.8 in November from 44 in the prior month. This is the first reading above the 50 threshold for growth since August 2022.

Pending home sales fell 1.5% to a record low reading of 71.4 in October, according to the monthly index released Thursday by the National Association of Realtors (NAR). This is the lowest level since the index was started in 2001.

Consumer spending rose a soft 0.2% in October in potentially another sign of a long-predicted slowdown in the U.S. economy.

The cost of goods and services was flat in October, suggesting a further slowdown in inflation that could persuade the Federal Reserve to stop raising interest rates.

The Federal Reserve's benchmark interest rate may have already hit its peak level, as it is now putting more downward pressure on the economy than anytime in the last 25 years, New York Fed President John Williams on Thursday.

Initial jobless claims rose 7,000 to 218,000 in the week ended Nov. 25, the Labor Department said Thursday.  The number of people already collecting jobless benefits in the week ended Nov. 18 rose by 86,000 to 1.927 million. That's the highest level since November 2021.

President Joe Biden on Wednesday visited Colorado to talk up how last year's Inflation Reduction Act has helped the U.S. wind-power industry and the overall economy, but analysts are assessing whether his big climate and healthcare package's days are numbered. 

The U.S. economy slowed in November and inflation also tapered off, a Federal Reserve survey showed, suggesting the central bank could be finished raising interest rates if those trends continue.

The U.S. economy appears to have caught a bit of a chill. And top Federal Reserve officials think inflation will continue to cool off, too. The next big test: The October PCE inflation report.

Interest-rate policy is in a "good place" at present and can move in either direction based on how the economy evolves, said Cleveland Fed President Loretta Mester on Wednesday.