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A Wall Street investment chief overseeing $26 billion breaks down why recession fears are overblown, even as the market clamors for Fed relief
The yield-curve inversion between 10-year Treasurys and 3-month notes is a signal of low inflation, not imminent recession, industry watchers argue.
Venezuela's central bank released its first inflation data since 2015, showing the dismal state of the economy. GDP fell at least 10% for 11 quarters.
The Federal Reserve's favorite measure of inflation rose at the slowest pace in more than a year while consumer spending picked up.
Alexandria Ocasio-Cortez’s favorite economic theory derided by IMF chief Christine Lagarde as no ‘panacea’
Christine Lagarde has poured cold water on the viability of an esoteric economic theory popularized by US Representative Alexandria Ocasio-Cortez.
Asian and European stocks and US futures fell on Thursday after central banks stoked growth fears and Theresa May agreed a six-month delay to Brexit.
US futures and European stocks rose ahead of the Brexit summit, ECB meeting and release of Fed minutes and inflation data.
A major advisor to energy producing nations has suggested that the continued fallout from Venezuela could present a "challenge" for global oil markets.
A new survey shows that zero top US economists agreed with the basic principles of an economic theory supported by Alexandria Ocasio-Cortez
MMT is gaining traction with some economists and politicians, including Rep. Alexandria Ocasio-Cortez, but many mainstream economists reject the idea.
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The outlook for the US economy remains solid but new strains have emerged over the last year, Federal Reserve Chairman Jerome Powell said Tuesday.