Inflation

Trump vs Powell could be first big fight over economy

2024-11-09 10:15:03 Fed Chairman Jerome Powell’s curt but clear response on whether he would step down from his job under…

2 weeks ago

Bank of England cuts UK interest rates again despite modest budget-related inflation spike

LONDON -- The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75%…

2 weeks ago

Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

STOCKHOLM -- Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in…

2 weeks ago

Ted Cruz on Why America Needs Ten Years of Trump Policies

2024-10-30 06:35:05 Republican Senator and former presidential hopeful Ted Cruz believes it will take ten years of Trump policies for…

4 weeks ago

Bitcoin Price Rallies To 6-Month High As Election, Inflation Questions Swirl

2024-10-30 00:55:06 Topline Bitcoin just hit its priciest level since the spring as several market conditions, including next week’s U.S.…

4 weeks ago

Elon Musk declares ‘financial emergency’: What’s behind the $35 trillion ‘time bomb’ US is said to be facing

Tesla CEO Elon Musk at a rally Tesla CEO Elon Musk has raised alarm over what he calls a "financial…

4 weeks ago

Russia’s central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW -- Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21%…

4 weeks ago

US unemployment applications fall; continuing claims hit highest level since 2021

The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose…

4 weeks ago

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

4 weeks ago

Harris bets her policies can attract Latino voters while Trump touts his time as president to them

WASHINGTON -- Both Kamala Harris and Donald Trump see economic policy as their best chance to win Latino voters. But…

1 month ago

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

1 month ago

Treasury Secretary Janet Yellen warns “sweeping, untargeted tariffs” would reaccelerate inflation

Treasury Secretary Janet Yellen will warn in a Thursday speech that the type of tariffs planned by former President Donald…

1 month ago

How a broke Argentine province is countering Milei’s deep austerity cuts

LA RIOJA, Argentina -- They look like cash, fit into wallets like cash and the governor promises they’ll be treated…

1 month ago

Australia’s prime minister is criticized for buying a waterfront home during a housing crisis

MELBOURNE, Australia -- Australian Prime Minister Anthony Albanese has been criticized for buying a multimillion-dollar waterfront home during a national…

1 month ago

Abortion has passed inflation as the top election issue for women under 30: Survey

Abortion has passed inflation to become the top issue in the presidential election for women younger than 30 since Vice…

1 month ago

Wholesale inflation remained cool last month in sign that price pressures slowing

WASHINGTON -- Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to…

1 month ago

India has to move fast to break into global supply chains; rich country goal feasible: Jagdish Bhagwati

The influential American economist of Indian origin said it was possible for India to have a long period of strong…

1 month ago

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market

WASHINGTON -- America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and…

2 months ago

Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years

Inflation falls to 1.8% in Europe, below European Central Bank's 2% target for first time in more than 3 years

2 months ago

Japan’s central bank survey underpins optimism about growth

TOKYO -- Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to…

2 months ago