McDonald’s same-store sales fall for 1st time since 2020 as tapped-out customers hold on to cash
They’re not lovin’ it.McDonald’s global same-stores fell for the first time in nearly four years in the second quarter as ...
Read moreTag: Inflation
Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?
WASHINGTON (news agencies) — Two years after launching an aggressive fight against inflation and one year after leaving its benchmark ...
Read moreStock market today: Asian stocks track Wall Street gains ahead of central bank meetings
Asian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after ...
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Russian central bank hikes key rate to fight inflation
MOSCOW: Russia’s central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a ...
Read moreFed’s preferred inflation gauge cools, adding to likelihood of a September rate cut
WASHINGTON (news agencies) — The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are ...
Read moreHarris will carry Biden’s economic record into the election. She hopes to turn it into an asset
WASHINGTON (news agencies) — A key question is looming for Vice President Kamala Harris as she edges closer to gaining ...
Read moreUS economic growth increased last quarter to a healthy 2.8% annual rate
WASHINGTON (news agencies) — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses ...
Read moreEurope’s central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%
Home buyers and businesses waiting for lower interest rates in Europe are going to have to wait a little longer ...
Read moreEx-regional Fed president: Inflation headed lower, with interest rates likely to follow
WASHINGTON (news agencies) — Having worked in the Federal Reserve system her entire career, Loretta Mester rose to become president ...
Read moreIMF’s economic view: Brighter outlook for China and India but tepid global growth
WASHINGTON (news agencies) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and ...
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