latest news in economy

How Boosting Education in California Could Unlock $4.4 Trillion

How Boosting Education in California Could Unlock $4.4 Trillion

Washington, Tuesday, 28 April 2026.
Raising California’s postsecondary education rate to 70% by 2035 could generate a massive $4.4 trillion economic gain, primarily driven by expanding educational access for Hispanic and Latino workers.

Bank of Japan Keeps Interest Rates Unchanged as Inflation Forecasts Rise

Bank of Japan Keeps Interest Rates Unchanged as Inflation Forecasts Rise

Tokyo, Tuesday, 28 April 2026.
Japan’s central bank maintained its benchmark rate in a rare 6-3 split vote today, sharply raising its 2026 inflation forecast to 2.8% amid mounting global energy pressures.

Federal Reserve to Keep Interest Rates Unchanged at Jerome Powell's Final Meeting

Federal Reserve to Keep Interest Rates Unchanged at Jerome Powell's Final Meeting

Washington, Wednesday, 29 April 2026.
The Federal Reserve will likely keep interest rates unchanged today during Jerome Powell’s final meeting as chair, resisting political pressure amid an inflation spike fueled by global energy shocks.

US Inflation Surge to 3.3 Percent Tests Federal Reserve Rate Strategy

US Inflation Surge to 3.3 Percent Tests Federal Reserve Rate Strategy

Washington, Tuesday, 28 April 2026.
A sudden 90 basis-point surge pushed US inflation to 3.3 percent in March 2026. This energy-driven spike complicates the Federal Reserve’s upcoming interest rate decisions and economic outlook.

US Markets Reach Record Highs as Artificial Intelligence Investments Face Crucial Earnings Test

US Markets Reach Record Highs as Artificial Intelligence Investments Face Crucial Earnings Test

New York, Tuesday, 28 April 2026.
The S&P 500 and Nasdaq reached record highs in April 2026. Investors now await Big Tech earnings to justify a staggering $690 billion annual investment in artificial intelligence.