22 result(s) for “Economy”
Major US equity indexes closed sharply lower on October 31, 2026 after disappointing tech earnings and renewed concern that massive corporate spending on artificial intelligence may not produce near-term returns. The rout erased billions in market value and pushed investors toward bonds and defensive sectors.
Several U.S. economic reports are scheduled for Friday, October 30, 2026, including the Employment Cost Index and the Chicago PMI. Do you want a news article about one of those releases once the data is published, or would you prefer a different U.S. business story?
Microsoft on October 26 introduced a large voluntary exit program that makes roughly 60,000 employees eligible, a move aimed at trimming payroll as the company pours capital into artificial intelligence infrastructure. The offer has immediate implications for U.S. labor markets, local economies around data center hubs, and wider corporate budgeting for AI.
Audi AG said on October 25, 2026 that it will establish its first U.S. production site at the Middle Georgia Megasite, committing roughly $4 billion and promising about 4,500 jobs as the automaker moves to reduce trade exposure and expand in the North American premium market.
A University of Michigan survey showed consumer sentiment holding near historic lows on October 24, 2026. The reading, combined with rising oil prices and AI sector volatility, has investors pricing extra risk ahead of the Federal Reserve meeting and U.S. midterm elections.
On October 21, 2026, the Treasury is selling large volumes of short term bills and reopening a 20 year bond as the federal government faces record net interest costs. The move comes amid elevated yields that are raising the bill for servicing the national debt.
New government data and trade surveys on October 20, 2026 show single family starts and permits falling sharply, while builder confidence hits a 14 year low. Higher mortgage rates and weak buyer demand are driving a contraction in residential construction that could slow economic growth and tighten supply further down the line.
A hotter than expected producer price reading and a surge in crude driven by Strait of Hormuz attacks pushed energy costs higher and added pressure on US markets and consumers, complicating the Federal Reserve’s outlook ahead of its late October meeting.
President Trump signed an executive order on Oct. 16, 2026 pausing tariffs and sanctions created by a recent law targeting Russian energy and exports. The move, disclosed Oct. 17, 2026, eases near term pressure on global oil buyers but deepens uncertainty for supply chains, trade policy and markets.
Speaking at the IMF-World Bank meetings on October 16, 2026, Federal Reserve Chair Kevin Warsh emphasized price stability while refusing to preview upcoming policy decisions, intensifying uncertainty over whether the Fed will raise rates again this month and how quickly it will tighten further.
A hotter than expected Consumer Price Index print on October 15, 2026, ignited renewed bets on Federal Reserve rate hikes and triggered a sharp retreat in AI and chip-related stocks, dragging U.S. equity indexes lower and refocusing investor concern on financing risks for capital intensive technology firms.
The Bureau of Labor Statistics releases September consumer price data on Oct. 14. Markets and retirees will use the reading to gauge near term Federal Reserve policy and to fix Social Security cost of living adjustments.
A spike in oil prices after renewed attacks on Saudi Arabia sent U.S. equity markets into mixed trading on October 13, 2026, intensifying investor concern that higher energy costs could push up inflation and prompt further Federal Reserve tightening.
Independent costume stores from Chicago to Omaha opened their doors on October 10 for the inaugural National Independent Costume Store Day, a new celebration organized by the National Costumers Association to spotlight local shops that supply Halloween, theater, cosplay and community events.
Average long term U.S. mortgage rates rose again this week, reaching levels not seen since late 2023 and prompting a fall in mortgage applications as higher Treasury yields and persistent inflation pressures push borrowing costs higher.