Fed interest rate cut may boost sales
A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Just like Wall Street, …
inflation
Wholesale inflation measure rose 0.1%
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates. The producer price index, which …
Oil soars amid Middle-East tensions
Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …
Oil soars on Middle-East tensions
Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Harris responds to Trump Fed comments; readies economic policy plan
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., …
No more YOLO for young South Koreans, who buy less and don’t dine out much
“When I don’t have a scheduled appointment, I try not to eat out. If I have two appointments in a week, I see it as a red flag and adjust …
UK’s new government announces legislation for ‘national renewal’ as Parliament opens with royal pomp – The Denver Post
By JILL LAWLESS LONDON (AP) — Britain’s new Labour Party government promised to calm the country’s febrile politics and ease its cost-of-living crisis as it set out its plans for …
Marcos says Philippines ‘cannot yield’ territory despite China deal, bans Pogos during address
Without naming China in his speech, Marcos said the Philippines would continue to “find ways to de-escalate tensions in contested areas … without compromising our position and our principles”. His …
US election 2024: Trump plans to ‘reignite’ inflation, warn Nobel Prize-winning economists
Sixteen Nobel Prize-winning economists signed a letter on Tuesday warning that the US and world economy will suffer if Republican presidential candidate Donald Trump wins the US presidential election in …
Australia’s central bank says current policy causes households pain
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening …