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inflation

Earnings don’t start until the Big Banks report

by Walter Watson
Earnings don’t start until the Big Banks report

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Michael Nagle | Bloomberg | Getty Images This report …

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In China-ally Pakistan’s Nawaz Sharif vs PTI battleground, uncertainty, apathy and strong-arm tactics collide

by Walter Watson
In China-ally Pakistan’s Nawaz Sharif vs PTI battleground, uncertainty, apathy and strong-arm tactics collide

Sharif was sacked as prime minister in 2017 by Pakistan’s supreme court in equally controversial circumstances and banned for life from holding public office for “dishonest practices”. Distrustful of the …

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Stock Markets: That sticky inflation

by Walter Watson
Stock Markets: That sticky inflation

Consumers shop for groceries at a retail chain store in Rosemead, California, on December 12, 2023.  Frederic J. Brown | AFP | Getty Images This report is from today’s CNBC …

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China’s economy to take time to regain its mojo: 7 takeaways from December’s trade, inflation data

by Ron Morgan
China’s economy to take time to regain its mojo: 7 takeaways from December’s trade, inflation data

Overall in 2023, China’s exports fell by 4.6 per cent to US$3.38 trillion, year on year, below Wind’s prediction of a 1.8 per cent increase. 2. Imports ‘sluggish’ in December …

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More Americans will get their student loans canceled in February as President Biden accelerates his new plan

by Judith Hall
More Americans will get their student loans canceled in February as President Biden accelerates his new plan

By COLLIN BINKLEY | AP Education Writer WASHINGTON — The Biden administration will start canceling student loans for some borrowers in February as part of a new repayment plan that’s …

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Japan stocks surge to 34-year high, but rally could slow amid expected shift in monetary policy

by Walter Watson
Japan stocks surge to 34-year high, but rally could slow amid expected shift in monetary policy

The bank has been following such a policy by holding down interest rates to encourage consumer spending. Its policy has sharply contrasted with the US Federal Reserve, which has hiked …

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After a tough year, Aritzia banks on U.S. expansion to keep growth humming

by Anas Siddiqui
After a tough year, Aritzia banks on U.S. expansion to keep growth humming

Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of …

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Bay Area consumer prices rise at modest pace, but stay at high levels

by Vera Ward
Bay Area consumer prices rise at modest pace, but stay at high levels

Consumer prices in the Bay Area rose at a moderate pace in December in a hopeful sign that inflation is easing — but the cost of electricity provided by utilities …

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Bay Area consumer prices rise at modest pace, but stay at high levels

by Vera Ward
Bay Area consumer prices rise at modest pace, but stay at high levels

Consumer prices in the Bay Area rose at a moderate pace in December in a hopeful sign that inflation is easing — but the cost of electricity provided by utilities …

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America’s final inflation report for 2023 just came in

by Vera Ward
America’s final inflation report for 2023 just came in

By Alicia Wallace | CNN New York — US consumer prices rose 3.4% annually to close out 2023, capping a year of substantial progress on efforts to rein in decades-high …

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