Economic Policy
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Retail spending fell in March as consumers pull back | CNN Business
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled…
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Living standards are still falling in Japan. That’s a recipe for more stagnation | CNN Business
Hong Kong CNN — Japan’s workers still aren’t getting paid enough to keep up with rising prices. That’s hurting living…
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US inflation just reached an inflection point | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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Fed official: Central bank should be ‘cautious’ in wake of banking turmoil | CNN Business
Minneapolis CNN — The banking crisis could help the Federal Reserve’s fight to bring down inflation, but the central bank…
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Yellen: ‘Not anticipating a downturn’ in the US economy | CNN Business
Minneapolis CNN — US Treasury Secretary Janet Yellen said she believes the American economy remains strong and its banking system…
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Wall Street says bad news is no longer good news. Here’s why | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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What markets are watching after digesting the US jobs data | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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The Fed could easily drive Black unemployment much higher than the overall jobless rate | CNN Business
New York CNN — Millions of jobs could be on the chopping block this year, as the Federal Reserve continues…
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China has not provided extensive assistance to Russia as part of its war against Ukraine even as the two countries forge closer ties, senior Treasury officials say | CNN Business
CNN — While China and Russia have strengthened ties since the Kremlin’s brutal invasion of Ukraine, the US has not…
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‘We’re at a tipping point:’ What to expect from the jobs report on Friday | CNN Business
Minneapolis CNN — The US labor market has kept trucking right along even as other areas of the economy have…
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The Fed’s favorite inflation measure cooled in February | CNN Business
Minneapolis CNN — The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month…
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UK reaches its biggest trade deal since Brexit, joining trans-Pacific partnership | CNN Business
Atlanta/Hong Kong CNN — Britain has reached an agreement to join a major trans-Pacific partnership, calling it its biggest trade…
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China gave huge loans to some countries. Now it’s spending billions to bail them out | CNN Business
Hong Kong CNN — For the past decade, China has lent massive sums to governments across Asia, Africa and Europe,…
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How the Fed’s latest rate increase will affect your bank savings | CNN Business
Editor’s Note: This is excerpted from a story that originally ran on March 22, 2023. New York CNN — Banking…
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What to do with your money now that the Fed just raised rates for the ninth time | CNN Business
Editor’s Note: This is an updated version of a story that originally ran on February 1, 2023. New York CNN…
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Swiss central bank says crisis halted as it hikes interest rates | CNN Business
London CNN — Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates…
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Global markets mixed after US Fed raises rates by a quarter-point | CNN Business
Hong Kong/London CNN — European and Asian markets were mixed during Thursday trade as investors digested the decision by the…
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Five big takeaways from the Fed’s extraordinary meeting | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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The banking meltdown may have done the Fed’s work for it | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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Fed and other central banks try to head off crisis by keeping dollars flowing | CNN Business
London CNN — The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to…
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Global banking crisis: What just happened? | CNN Business
London CNN — On March 10, the biggest failure of a US bank since the global financial crisis was playing…
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Bank of Japan keeps low rates as Kuroda sticks to script at swan song meeting | CNN Business
Tokyo Reuters — The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to…
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The Fed wants to limit wage growth. That’s particularly bad for women | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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The US economy added 311,000 jobs in February, outpacing expectations | CNN Business
Minneapolis CNN — The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the…
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All this good economic news might actually be bad news for average Americans | CNN Business
New York CNN — The US economy has been remarkably resilient, defying a year’s-worth of recession calls. From the labor…
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China is helping to prop up the Russian economy. Here’s how | CNN Business
Hong Kong CNN — In the year since the Russian invasion of Ukraine, Moscow has been hit by unprecedented Western…
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