Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
WASHINGTON (news agencies) — The Federal Reserve’s preferred inflation measure on Friday provided the latest sign that price pressures are ...
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Trump favors huge new tariffs. What are they, and how do they work?
WASHINGTON (news agencies) — Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap ...
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US economy grew at a solid 3% rate last quarter, government says in final estimate
WASHINGTON (news agencies) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by ...
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The Fed sees its inflation fight as a success. Will the public eventually agree?
WASHINGTON (news agencies) — With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored ...
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Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
LONDON (news agencies) — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big ...
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The Federal Reserve is finally lowering rates. Here’s what consumers should know
NEW YORK (news agencies) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences ...
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Argentina’s President Milei presents 2025 budget, vowing austerity and setting up a showdown
BUENOS AIRES, Argentina (news agencies) — Libertarian President Javier Milei of Argentina presented the 2025 budget to Congress late Sunday, ...
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Will the Federal Reserve cut interest rates fast enough to deliver a ‘soft landing’?
WASHINGTON (news agencies) — American consumers and home buyers, business people and political leaders have been waiting for months for ...
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Saudi Arabia’s inflation rate inches up to 1.6% in August
DUBAI: Saudi Arabia’s annual inflation rate inched up to 1.6% in August, from 1.5% in July, government data showed on ...
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Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing
WASHINGTON (news agencies) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling ...
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