Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
Trucks move 85% of goods across the southern US border and 67% of goods across the northern border and US motor carriers are ...
After a four-day guessing game and much financial turbulence, the United States and China appear to have resumed a ...
Crypto markets are a sea of red alongside a growing risk aversion in traditional markets, and Trump's tariffs are to blame.
The accompanying policy statement noted that the unemployment rate had stabilized at a "low level" and inflation remained "somewhat elevated." The wording was hawkish as it removed last month's ...
About two-thirds of fast food and counter workers in the U.S. are women, many supporting their families on those wages.
Deutsche Bank expects the Fed to hold off on rate cuts this year, titling a recent report, "Growth too fast, inflation too furious for Fed cuts." In that scenario, even a rate hike is possible ...
The consumer price index, which is widely used to measure inflation, rose by 2.9% year over year in December. This is the third consecutive month where inflation has gone up, which means continued ...
SINGAPORE – Singapore’s core inflation extended its decline in December 2024 as the cost of services moderated, though the gauge came in above analysts’ expectations. Core inflation ...
1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...
"Tariffs will probably not really help inflation to come down. And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald ...
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