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Sep 11, 2024 | 
aol.com | Natalie Sherman
September 11, 2024 at 7:03 AMInflation in the US continued to cool last month, official figures showed, making experts confident the US central bank will cut interest rates next week. Consumer prices rose 2.5% over the 12 months to August, as prices for petrol, used cars and trucks, and some other items fell. That marked the slowest pace since February 2021 and was down from 2.9% in July.
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Sep 5, 2024 | 
msn.com | Natalie Sherman |Anthony Zurcher
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Sep 5, 2024 | 
aol.com | Natalie Sherman |Anthony Zurcher
September 5, 2024 at 12:17 PM[Getty Images]If you care about where the US economy is headed, you might want to keep an eye on events on Friday. At 08:30 ET (13.30 BST), the US Labor Department will release the results of its monthly jobs surveys of employers and households. The report is one of the most important gauges of the state of the world's largest economy - and it is coming at a critical time.
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Aug 17, 2024 | 
archyde.com | Natalie Sherman
Image courtesy of Reuters image captionVice President Harris made her first economic pledges in a presidential campaign speech in Raleigh, North Carolina on the 16th 6 hours ago By Natalie Sherman, BBC News In the run-up to the US presidential election in November, Democratic Vice President Kamala Harris gave her first speech on the topic of economic policy on the 16th, pledged to promote the construction of millions of new homes, support home ownership, curb food price gouging, cancel...
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Aug 2, 2024 | 
aol.com | Natalie Sherman
August 2, 2024 at 9:44 AM[Getty Images]Hiring in the US slowed sharply last month and the unemployment rate rose, stoking fears about the state of the world's largest economy. Employers added 114,000 jobs in July, official figures showed, fewer than expected and far lower than in June. Global stock markets are already on edge after earlier US data showed weaker manufacturing activity and major companies such as Intel and Amazon published a string of disappointing financials.
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Jul 31, 2024 | 
aol.com | Natalie Sherman
July 31, 2024 at 3:16 PM[Getty Images]The US central bank is moving closer to lowering borrowing costs for the first time in more than four years, as price increases ease and concerns about the job market rise. Federal Reserve chairman Jerome Powell said a cut to the bank's key rate "could be on the table" at policymakers' next meeting in September, if the economy continues on its current path.
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Jul 11, 2024 | 
bbc.com | Natalie Sherman
US inflation cools to slowest pace in a yearBy Natalie Sherman, BBC NewsGetty ImagesPrice rises in the US cooled in June, building hopes that the world's largest economy is moving on from the bout of high inflation that hit after the pandemic. Prices rose 3% over the 12 months to June, as lower energy prices helped to deliver the slowest price inflation in a year, the Labor Department said.
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Jul 8, 2024 | 
bbc.com | Natalie Sherman |Theo Leggett
What's the right punishment for 'too big to fail' Boeing? By Natalie Sherman and Theo Leggett, BBC NewsReutersBoeing is one of the largest and most important companies in the United States. Arguably, it is too big to fail. But is it also too big to be held to account? The company is one of the world’s two main manufacturers of large commercial jets. It ranks among the top five US defence contractors.
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Jul 7, 2024 | 
bbc.com | Natalie Sherman |Nathalie Jimenez
'I had to downgrade my life' - US workers in debt to buy groceriesBy Natalie Sherman and Nathalie Jimenez, BBC News, New YorkBBC Stacey Ellis works two jobs, but needs to economiseStacey Ellis, a lifelong Democrat from Pennsylvania, should be the kind of voter that US President Joe Biden can count on. But after four years of rising prices, her support has worn thin – and every time she shops at the supermarket, she is reminded how things have changed for the worse.
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Jul 2, 2024 | 
aol.com | Natalie Sherman
July 2, 2024 at 10:21 AMThe cyber truck has been selling well, although it is a tiny part of Tesla's business [Getty Images]Tesla sales, hit by a significant slump earlier this year, may be showing signs of revival. Elon Musk's electric car-maker delivered nearly 444,000 vehicles in the three months ended 30 June, up more than 14% from the prior quarter. That was far more than most analysts had expected - though still down nearly 5% from the same period in 2023.
