Economy

Macroeconomic data, trends, and policy developments.

Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.

Articles

5,120 total articles

Bank of America Keeps Campus Recruiting at 4,000 as It Rolls Out AI

Bank of America Keeps Campus Recruiting at 4,000 as It Rolls Out AI

Bank of America will onboard 4,000 early-career hires next week - 2,000 summer interns and 2,000 full-time college recruits - maintaining the same campus intake as last year while expanding the use of artificial intelligence to lift productivity and manage headcount through natural attrition. The firm says the intake is a core leadership pipeline a…

Zambia Moves Toward Private Talks with Bondholders After Buyback Block

Zambia Moves Toward Private Talks with Bondholders After Buyback Block

Zambia is preparing to enter confidential negotiations with a subset of bondholders who have prevented the government from executing a buyback of a $1.36 billion bond ahead of a scheduled coupon increase later this year. Potential non-disclosure agreements could open the door to direct exchanges about the tender offer, while advisers to the governm…

European governments discuss possible talks with Russia as winter approaches

European governments discuss possible talks with Russia as winter approaches

Germany, France and the United Kingdom have been working with Ukrainian officials on proposals to engage Russia in negotiations to end the conflict, according to Bloomberg News, which cited people familiar with the discussions. The three European governments see a window to potentially bring President Vladimir Putin to the table amid a stalemate on…

U.S. Services Activity Strengthens in May as Supply Limits Push Costs Higher

U.S. Services Activity Strengthens in May as Supply Limits Push Costs Higher

Activity in the U.S. services sector accelerated in May, with companies increasing orders and rebuilding inventories amid emerging supply constraints and higher input prices. The Institute for Supply Management's non-manufacturing index rose to 54.5, while the prices-paid gauge climbed to its strongest level in nearly four years, reflecting a widen…

Federal Reserve Flags Modest Rise in U.S. Loan Delinquencies in 2025

Federal Reserve Flags Modest Rise in U.S. Loan Delinquencies in 2025

The Federal Reserve reported a modest increase in loan delinquencies across consumer, commercial and residential real estate categories in 2025, even as overall loan growth remained steady and most banks retained strong capital positions. The Fed also highlighted concerns about private credit after several nonbank defaults and said some banks are r…

Samples from Suspected Screwworm Infestation in La Pryor Sent to Federal Lab

Samples from Suspected Screwworm Infestation in La Pryor Sent to Federal Lab

Samples taken from two calves on a ranch in La Pryor, Texas, have been forwarded to a federal laboratory in Iowa to determine whether they represent New World screwworm infestations. The specimens were collected Tuesday and were described by Texas Representative Don McLaughlin, who has reviewed photos and video of the cases. State and federal agenc…

DHS Moves to Void Majority of Unfinalized Contracts from Noem Tenure

DHS Moves to Void Majority of Unfinalized Contracts from Noem Tenure

Homeland Security Secretary Markwayne Mullin told lawmakers his department has rescinded most pending contracts that were initiated under former Secretary Kristi Noem, following congressional concerns and an internal Office of Inspector General review. Mullin said finalized agreements remain difficult to unwind, while the inspector general continue…

Mexico Says Most US-Bound Goods Would Be Exempt from Proposed 10% U.S. Tariff

Mexico Says Most US-Bound Goods Would Be Exempt from Proposed 10% U.S. Tariff

Mexico's Economy Ministry clarified that products satisfying United States-Mexico-Canada Agreement rules of origin would be excluded from a proposed 10% U.S. tariff tied to a forced labor import probe. The ministry said the clarification followed talks with the Office of the U.S. Trade Representative and noted that about 85% of Mexico's exports to …

IMF Staff Reaches Agreement with Ethiopia on Fifth Review of ECF Program

IMF Staff Reaches Agreement with Ethiopia on Fifth Review of ECF Program

IMF staff have concluded a review with Ethiopian authorities on the fifth assessment of the country's four-year Extended Credit Facility (ECF) program. The staff-level agreement would release about $468 million once the IMF Executive Board grants its approval, increasing total IMF disbursements under the arrangement to roughly $2.651 billion. The r…

Lula Rebukes U.S. After Proposed 25% Tariff, Signals Pivot if Purchases Dry Up

Lula Rebukes U.S. After Proposed 25% Tariff, Signals Pivot if Purchases Dry Up

Brazilian President Luiz Inacio Lula da Silva criticized a U.S. proposal for a 25% punitive tariff on a broad range of Brazilian imports, saying the move came before trade talks had concluded. Lula said he had left a recent meeting convinced bilateral ties were improving, reaffirmed Brazil's desire to strengthen institutional ties with the United S…

Bangladesh Seeks New IMF Financing, Exits Current $5.5 Billion Programme

Bangladesh Seeks New IMF Financing, Exits Current $5.5 Billion Programme

Bangladesh has asked the International Monetary Fund for a new financial arrangement and will leave its existing $5.5 billion programme, officials said. The government plans to negotiate a framework that better reflects current economic and political realities, with IMF staff expected to begin detailed discussions in the coming weeks.

Poland's Central Bank Sees Smaller Inflation Impact from Middle East Conflict

Poland's Central Bank Sees Smaller Inflation Impact from Middle East Conflict

Poland's central bank governor, Adam Glapinski, said on Wednesday that the inflationary shock tied to the Middle East conflict has been less pronounced than originally feared. He indicated that current interest rates are appropriate, the probability of a rate hike has fallen since last month, and that future policy moves will be driven by incoming …

IAEA Warns Iran Nuclear Risk Has Risen Since U.S.-Israel Strikes

IAEA Warns Iran Nuclear Risk Has Risen Since U.S.-Israel Strikes

The International Atomic Energy Agency says the likelihood that Iran could divert nuclear material toward weapons development has grown since U.S. and Israeli strikes in June 2025. A restricted 119-page IAEA document circulated in Vienna warns the agency can no longer verify significant quantities of enriched uranium after inspections were curtaile…

U.S. Private Payrolls Outperform Estimates in May as Broad-Based Hiring Continues

U.S. Private Payrolls Outperform Estimates in May as Broad-Based Hiring Continues

Private employers in the United States added 122,000 jobs in May, exceeding the consensus forecast of 118,000, with eight of ten sub-sectors expanding. The report signals renewed momentum in hiring since March even as markets and policymakers remain focused on inflationary pressures tied to rising oil prices and geopolitical tension in the Middle E…

ADP: U.S. Private Payrolls Rise by 122,000 in May, Toppling Forecasts

ADP: U.S. Private Payrolls Rise by 122,000 in May, Toppling Forecasts

The ADP national employment report showed U.S. private payrolls expanded by 122,000 jobs in May, beating the Reuters consensus of 117,000. April’s private payrolls were revised down to 105,000 from an earlier 109,000. The ADP release, prepared with the Stanford Digital Economy Lab, arrives before the Bureau of Labor Statistics’ broader jobs report,…