The Latest Breaking News from Gregory Daco

US Fed Likely To Keep Rates Steady As Trump Uncertainty Flares

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.

International Business Times · Mar 16, 2025

US Consumer Inflation Unexpectedly Up, Trump Blames Biden

US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden.

International Business Times · Feb 12, 2025

Bosses are fed up with remote work for 4 main reasons. Some of them are undeniable

The data showing that remote workers spend fewer hours working, less productively, is really starting to add up.

Fortune · Feb 12, 2025

Post-election, CFOs should 'focus on what they can control,' advises economist

Economists discuss consumer spending and preparing for any scenario.

Fortune · Nov 5, 2024

US Fed's Preferred Inflation Gauge Steady As Rate Cut Looms

The US Federal Reserve's favored measure of inflation held steady in July according to government data Friday, sustaining expectations that the central bank is on its way to interest rate cuts starting next month.

International Business Times · Aug 30, 2024

US Jobs Data Point To Weaker Than Expected Market

The US jobs market was probably cooler than expected in the year through March, Labor Department data showed Wednesday, signaling weaker but still-positive growth.

International Business Times · Aug 21, 2024

Wall Street's worries over a massive stock sell-off is no reason for CFOs to panic, says a chief economist

A "drastic reorientation of strategy" may not be necessary.

Fortune · Aug 6, 2024

Inflation cooldown incoming for U.S. economy

Yes, but: New data also showed a gloomier snapshot of the American consumer.

Axios · May 31, 2024

Retail Sales In US Rebound Less Than Expected In February

US consumer spending warmed slightly in February, according to government data released Thursday, with retail sales regaining ground after an earlier hit from cold weather.

International Business Times · Mar 14, 2024

US Embrace Of Remote Working Empties Offices, Weighs On Banks

The popularity of remote work in the United States has emptied office buildings, a cause for worry as their value falls and owners risk losses on property loans -- in turn putting pressure on smaller banks.

International Business Times · Mar 10, 2024