Economic News

According to news reporting originating in Beijing, People’ s Republic of China, by NewsRx journalists, research stated,“ In this paper, we examine the transmission mechanism of central bank digital currency in an economy with heterogeneous banks and an interbank market, using a New Keynesian DSGE framework.”. For more information on this research see: The Effects…

The Best’ s Market Segment Report,“ Market Segment Outlook: Vietnam Non-Life Insurance,” states that the country’ s positive macroeconomic performance has been underpinned by buoyant electronic exports, and increasing foreign direct investment, driven by the global investment boom in artificial intelligence-related technology and infrastructure.

The Federal Reserve’ s job is straightforward to state and difficult to deliver: maximum employment, low and stable inflation, and a financial system capable of supporting both. Congress formally describes the first two as the Fed’ s dual mandate. Financial stability is the foundation underneath it.

Starting in 1976 with little more than a call-for-help phone line and a group of neighbors willing to help with tasks like babysitting, transportation and housework, the food bank now serves thousands of families, singles and children in the greater Gig Harbor and Key Peninsula areas. More than 50% of their clients are older adults or have a disability,…

Immigration of foreign born individuals moving to the U.S. has sparked serious debates about the pros and cons of the movement. In March, the Federal Reserve Bank of Dallas published a detailed study using data from 2021 to 2024 to estimate the impacts of unauthorized immigration in two key areas, the labor market and the housing market. Before jumping into the…

The following information was released by the American Bankers Association:. The American Bankers Association and Consumer Bankers Association today submitted a joint comment letter supporting the Federal Reserve's proposed Payment Account framework as a prudent approach to responsible innovation if additional safeguards are adopted to protect…

The following information was released by the Consumer Bankers Association:. The Consumer Bankers Association and American Bankers Association today submitted ajoint comment lettersupporting the Federal Reserve's proposed Payment Account framework as a prudent approach to responsible innovation if additional safeguards are adopted to protect…

2026 JUL 24– By a News Reporter-Staff News Editor at CDC& FDA Daily– Research findings on Business- Management Science are discussed in a new report. The news reporters obtained a quote from the research from the Federal Reserve Bank of Philadelphia,“ The results hold for young borrowers, implying that age, not just old age, is an important determinant of mortgage…

After three months of accelerating inflation, it slowed in June, though some forecasters expect it may tick back up amid renewed U.S.- Iran hostilities. And after three months of positive job growth, U.S. employer hiring fell in June– leaving the Fed to sort out whether these recent swings are just noise or the start of new trends. The Fed may also be at a crossroads when…

Stocks came under additional pressure as Brent crude oil futures settled above $100 a barrel for the first time since May, and U.S. oil futures settled above $92, prompting worries about inflation days before the next Federal Reserve policy meeting and pushing U.S. 10- year Treasury yields to their highest levels since early 2025.. The U.S. launched more…

The number of Americans seeking unemployment benefits for the first time unexpectedly fell last week to the lowest since the 1960 s, indicating the U.S. job market continues on an even keel and leaving Federal Reserve officials to keep their focus on containing inflation. "There may be some seasonal noise in the data, given summer months tend to be noisy, but the…

Adena Friedman, chair and chief executive of Nasdaq, said the group has received approval from the U.S. Securities and Exchange Commission to list event contracts that reference the Nasdaq -100 index. There were record net inflows of $109 bn over the last twelve months, including $51 bn in the second quarter. The firm expanded investor access to the Nasdaq -100…

How interest rates work in 2026: A plain-English guide for everyday borrowers. An interest rate is the amount lenders charge for borrowing money. The Federal Reserve Bank plays a key role in setting benchmark rates, which influence the rates for personal loans, mortgages, auto loans, and other forms of borrowing.

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets. The benchmark 30- year fixed rate mortgage rate rose to 6.58% from 6.55% last week, mortgage buyer Freddie Mac said Thursday.

For decades, the U.S. dollar has been the world's financial anchor. De-dollarization, rising gold reserves, U.S. fiscal concerns, geopolitical tensions, and changing expectations for Federal Reserve policy have all raised doubts about whether the greenback still behaves like the world's ultimate safe-haven asset. *The U.S. dollar holds roughly 58% of global…

Therefore, we urge the SEC to issue guidance regarding the regulatory treatment of event contracts that reference individual securities, securities indexes, or other related metrics, which will help provide much-needed clarity to investors, market participants, and the public. " Leading prediction market platforms currently offer event contracts that are…

—More gains for makers of computer chips and other AI winners carried Wall Street higher. Brent crude oil’ s price got near $92 for the first time in five weeks because of continued attacks in the war with Iran. That’ s up from less than $72 early this month and helped push Treasury yields higher in the bond market.

With data center construction fueling demand for some manufactured goods, overall business activity increased moderately over the past month and a half, the Federal Reserve Bank of Cleveland reported on Wednesday. But with prices of fuel and other petroleum products remaining high, costs are continuing to rise and consumers find themselves with less money…

The Central Bank of Liberia has cut its benchmark interest rate for the first time this year, expressing confidence that moderating domestic inflationary pressures and stronger macroeconomic fundamentals will support economic recovery despite rising global uncertainty and higher inflation. The Central Bank's Monetary Policy Committee announced…