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Economy

Bank of England research suggests sticky inflation drives price expectations

by Anas Siddiqui
Bank of England research suggests sticky inflation drives price expectations

Britain’s string of higher-than-expected inflation readings are driving how businesses plan to set their own prices, new Bank of England research revealed, adding to concerns that high expectations may be …

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Janet Yellen to meet with senior officials in China this week

by Vera Ward
Janet Yellen to meet with senior officials in China this week

U.S. Secretary of the Treasury Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services March 22, 2023 in Washington, DC. Win McNamee | Getty Images Treasury Secretary Janet …

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5 things to know before the stock market opens Monday

by Vera Ward
5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Markets look for second half fireworks Stocks will open the second half of the …

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Are the lines at Disney World long? No, if you follow these tips

by Franz Hernandez
Are the lines at Disney World long? No, if you follow these tips

It’s been 17 years since my last trip to Disney World.   How much could have changed? The parks are still fantastic. But the days of hopping aimlessly from ride …

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Nearly all Americans cut spending amid inflation: CNBC survey

by Franz Hernandez
Nearly all Americans cut spending amid inflation: CNBC survey

Nearly all Americans are cutting back on their spending in some way, according to a new CNBC and Morning Consult survey. The survey found 92% of Americans are pulling back, …

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here’s how workers are hiding them from their employers

by Franz Hernandez
here’s how workers are hiding them from their employers

Many workers keep mum about these trips to fend off productivity concerns and tax ramification questions from their employers. But others told CNBC Travel they stay quiet for different reasons. …

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Americans are booking their summer trips this year despite inflation

by Franz Hernandez
Americans are booking their summer trips this year despite inflation

Marko Klaric / EyeEm | EyeEm | Getty Images Americans are eager to travel this summer despite inflation-strapped budgets. “They’re booking flights, hotels, rental cars, vacation homes,” said Hopper economist …

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What a 250K euro renovation looks like

by Franz Hernandez
What a 250K euro renovation looks like

Within five years of moving to Europe, businessman Douglas Loewe “fell in love” with Barcelona, he said. He decided to buy a home there, spending about 500,000 euros ($545,000) to …

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Ross Taylor: Insulting visa requirements hold Indonesia relationship back

by Anas Siddiqui
Ross Taylor: Insulting visa requirements hold Indonesia relationship back

With Australians fixated by the uproar following the second Ashes cricket test, and the breath-taking wait for the RBA’s official interest rate decision, it probably wasn’t the best time for …

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Yellen stresses ‘fair’ rules, communication in Beijing meetings

by Walter Watson
Yellen stresses ‘fair’ rules, communication in Beijing meetings

US Treasury Secretary Janet Yellen speaks during a meeting with Chinese Premier Li Qiang (not shown) at the Great Hall of the People in Beijing on July 7, 2023. Mark …

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