News & Events

Even the Fed is cutting jobs — for the first time in more than a decade
New York CNN  —  Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep. The...

CloudQuant Peeks Into The Future Of Inflation: It’s Complicated
am EDT| As we digest the latest FOMC statement we scan the horizon for the latest economic data likely to impact the economy in the final quarter of the year. For a viewpoint into virtually every...

Looming Government Shutdown And Higher Interest Rates Hang Over Market
...sixth consecutive week above 7%. Higher rates are being felt in the housing market where the number of existing home sales for August came in at 4.04 million, below forecasts of 4.10 million...

The Possible Recession Is a Dueling Narratives Story
Where is the economy going? The Federal Reserve in its September 2023 meeting seemed...

It was a big week for interest rates. Here’s what you need to know
...as sales dropped Home prices continued to climb in August, even as home sales dropped, according to a monthly report from the National Association of Realtors. That’s a result of the low inventory...

Investors riddled with FOMO might be re-entering the US stock market
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...

Time Lags And Model Uncertainty Raise Risk Of Recession, Inflation
pm EDT| The Federal Reserve’s September 2023 decision not to change interest rates highlights two problems in monetary policy: time lags and uncertainty of economic models and forecasts. They try to...