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The Fed is set to meet again in a few weeks to decide whether to adjust the federal funds rate. Here’s how that decision might influence your savings and CD interest earnings.

MEXICO CITY (Reuters) -Analysts sounded alarms over Mexico's economy on Thursday after new data showed feeble growth in the first quarter while inflation spiked outside the central bank's target range for the first time this year. Gross domestic product (GDP) in Latin America's second-largest economy grew 0.2% in the first quarter from the previous three-month period, statistics agency INEGI said, in line with market forecasts in a Reuters poll and a preliminary estimate released last month. While agricultural growth offset declines in manufacturing and services, allowing Mexico to avert the technical recession some had feared, the overall economy still indicated weakness.

The overall GDP growth of the 38 countries of the OECD, providing more than 40% of the global economy, slowed down substantially in the first quarter of 2025.View on euronews

Home sales are slowing again, and the culprit is no mystery — insert an “in this economy” joke here.

Investing.com -- In its U.S. equity insights note Thursday, Barclays said first-quarter 2025 earnings were “good (in some aspects very good)” across the S&P 500, but warned the performance may mark the last strong carryover from 2024’s momentum as the U.S. economy confronts headwinds from slowing growth and potential tariffs.

Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China. The post J.B. Hunt and Eastern and Canadian railways see steady intermodal volume appeared first on FreightWaves.

Bitcoin crosses the historic $111,000 milestone for the first time, pushing its ETFs higher.

(Reuters) -U.S. federal antitrust enforcers were expected to express support on Thursday for arguments wielded by Republican states that accuse asset managers BlackRock, Vanguard and State Street of conspiring through climate activism to decrease coal output, two sources familiar with the matter told Reuters. The U.S. Department of Justice and Federal Trade Commission were expected to file a statement of interest in the case where Texas and 12 other states claim the companies used their substantial holdings in U.S. coal companies to discourage competition. The development marks a political setback for the top asset managers.

BANFF, Alberta (Reuters) -Finance ministers and central bank governors from the Group of Seven nations pledged to address "excessive imbalances" in the global economy, Bloomberg News reported on Thursday, citing a draft communique. The finance leaders, meeting in the Canadian Rocky Mountains, said there was a need for a common understanding of how "non-market policies and practices" undermine international economic security, Bloomberg News reported. German Finance Minister Lars Klingbeil told reporters on Thursday that a joint statement from G7 finance ministers and central bank governors meeting in Banff, Alberta, was still under negotiation but that he was optimistic there would be agreement.

WASHINGTON (Reuters) -U.S. business activity picked up in May amid a truce in the trade war between Washington and China, but President Donald Trump's sweeping tariffs on imported goods raised prices for companies and consumers. The survey from S&P Global on Thursday hinted at an acceleration in inflation in the coming months and a labor market slowdown, a reminder that stagflation remained a risk for the economy despite steps by the Trump administration to de-escalate trade tensions with Beijing. Manufacturing delivery delays were the longest in 31 months while exports of services, including spending by foreign visitors in the U.S., dropped at the sharpest pace since the COVID-19 pandemic lockdowns in early 2020.