Andrew Ross SorkinThe European Central Bank is moving closer to a June rate-cut decision after a sharp weakening in eurozone business activity revived concerns that the bloc’s re
Andrew Ross SorkinThe latest U.S. weekly jobless claims report adds another incremental piece of evidence that the labor market is easing, but not unraveling. Reuters reported on
Andrew Ross SorkinU.S. retail sales surged in March, giving the economy a stronger end to the first quarter than many forecasters expected and putting fresh focus on whether Amer
Andrew Ross SorkinThe International Monetary Fund’s April 2026 World Economic Outlook marks a clear inflection point in the macro debate. After entering the year with what the Fu
Andrew Ross SorkinPresident Trump’s claims of cooling inflation are challenged by renewed military tensions with Iran, causing instability in global oil markets. Rising crude prices raise concerns about inflation. The conflict’s duration will impact economic outcomes, as increased energy costs could exacerbate inflation or remain temporary, complicating the Federal Reserve’s decisions.
Andrew Ross SorkinPresident Trump defended his tariff-driven strategy in his State of the Union address, despite a Supreme Court ruling limiting his authority under the International Emergency Economic Powers Act. The administration adapted by implementing a new 10% universal tariff. This shift has created uncertainty in global markets and affected ongoing trade negotiations.
Andrew Ross SorkinThe U.S. Bureau of Labor Statistics has rescheduled the January employment report to February 11, following a government shutdown. The Job Openings and Labor Turnover Survey will now be released on February 9. Other economic indicators, including the consumer price index, are also delayed. Economists expect a rise in nonfarm payrolls by 60,000 jobs.
Andrew Ross SorkinThe U.S. Bureau of Labor Statistics has postponed the January jobs report due to the ongoing partial government shutdown, affecting key economic data releases. With no new release date set, the BLS emphasizes the delay’s implications for employment figures and other economic indicators, pending federal funding restoration.
Andrew Ross SorkinPresident Donald Trump announced that the decision for the new Federal Reserve Chair is imminent, with an official reveal set for Friday. The selection process, which began in September, narrowed down potential candidates to four finalists, with Kevin Warsh currently leading in speculation. The new chair will significantly influence U.S. monetary policy.
Andrew Ross SorkinRecent research challenges the view that artificial intelligence (AI) is the main driver of U.S. economic growth. While AI contributed to GDP increases, consumer spending remains the primary engine. Adjustments for imports reveal AI’s impact on GDP is smaller than perceived, indicating that strong consumer activity will continue to support economic resilience.
