Briefing
Weekly Briefing - Stocks and gold both hit highs as inflation cools
Stocks and gold rose together this week, and economists expect Wednesday's inflation report to show further cooling.
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Every week we turn the economic headlines into plain language you can listen to - no charts to squint at, no jargon to decode.
Briefing
Stocks and gold rose together this week, and economists expect Wednesday's inflation report to show further cooling.
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July's jobs report showed an unexpected decline in employment, and trade policy shifted again after a court ruling forced the administration to change its tariff approach.
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The Federal Reserve held rates steady for a fifth straight meeting, but three officials dissented in favor of raising rates - the first split like it in nearly a decade.
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Memory-chip stocks rallied hard ahead of a heavy earnings week, while renewed tanker attacks in the Strait of Hormuz pushed oil prices higher again.
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June's inflation report came in better than expected, but oil prices jumped again after renewed conflict around the Strait of Hormuz.
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Stocks touched fresh records as the administration sent new tariff notices to major trading partners ahead of an upcoming deadline.
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Economic growth was revised sharply higher on strong business investment, even as June's jobs report came in well below expectations.
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A US-Iran peace deal lifted markets, a major aerospace company announced a huge acquisition, and gas prices remained painfully high for households.
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The Federal Reserve's new chair held rates steady in his first meeting, but the tone of the committee shifted noticeably toward being more cautious about cutting.
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A major Italian bank merger was announced, the US trade deficit shrank sharply, and inflation accelerated to its highest level in three years.
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The Strait of Hormuz remained largely closed to shipping months into the crisis, while May's jobs report came in stronger than expected.
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Stocks notched an eighth straight winning week and hit fresh records, before new tariff announcements triggered one of the sharpest sell-offs in years.
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A new Federal Reserve chair was sworn in this week, while renewed tension over the Strait of Hormuz pushed oil prices higher again.
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A much stronger than expected jobs report and falling oil prices helped push stocks to record highs this week.
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The Fed held rates steady despite internal disagreement, and new data showed inflation running ahead of wage growth for the first time in years.
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A key measure of German business confidence hit its lowest level since the pandemic, while the Federal Reserve met amid speculation about a change in leadership.
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Stocks hit a fresh all-time high as strong earnings from major tech companies overcame a brief flare-up in Middle East tensions.
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Stocks rallied for a second week as the Middle East ceasefire held, even as a widely watched consumer survey hit a historic low.
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March inflation jumped sharply on soaring gasoline prices, but a conditional ceasefire in the Middle East sent oil prices tumbling by the end of the week.
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Stocks fell for a fifth straight week, oil climbed above $100 a barrel, and a major economic body warned the ongoing conflict was testing the global economy.
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The European Central Bank sharply raised its inflation forecast, and global stocks fell to a four-month low on fears of slow growth paired with rising prices.
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The central bank kept interest rates unchanged for a second straight meeting, citing tariff- and oil-driven inflation pressure.
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Stocks rose on hopes the Middle East conflict could end quickly, then fell as fighting continued and oil prices kept climbing.
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Military strikes in Iran late last week sent oil prices sharply higher and triggered a global stock sell-off, while safe-haven assets like gold gained.
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A blockbuster earnings report from the world's biggest chipmaker eased fears of an AI bubble, while retailers posted solid results of their own.
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Economic growth came in well below forecasts for the end of last year, and a major investment firm's move to limit withdrawals rattled private lenders.
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The delayed January jobs report beat expectations by a wide margin, while central banks in the UK and elsewhere weighed their next moves.
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A four-day government shutdown delayed key economic reports, oil prices fell on easing tensions with Iran, and AI enthusiasm lifted stocks.
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The central bank held interest rates steady after three straight cuts, tech earnings sent mixed signals, and Washington faced another funding deadline.
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World leaders gathered in Davos, a tariff standoff with Europe cooled after a Greenland agreement, and the IMF raised its global growth forecast.
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December inflation matched expectations, questions lingered about the quality of recent economic data, and a new tariff threat targeted Canada.
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Oil markets reacted to fast-moving events in Venezuela, hiring cooled slightly in December, and the White House pushed for cheaper mortgages.
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