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inflation

Japan unveils $113 billion package to cushion inflation

by Walter Watson
Japan unveils 3 billion package to cushion inflation

Fumio Kishida, Japan’s prime minister, reacts while delivering a policy speech during an extraordinary session at the lower house of parliament in Tokyo, Japan, on Monday, Oct. 23, 2023. Kiyoshi …

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U.S. central bank holds rate steady, but leaves door open to more hikes

by Anas Siddiqui
U.S. central bank holds rate steady, but leaves door open to more hikes

The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should …

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Fed meeting November 2023: Fed holds rates steady

by Ron Morgan
Fed meeting November 2023: Fed holds rates steady

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central …

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Groups team up to combat fast-rising PG&E electric and gas bills

by Vera Ward
Groups team up to combat fast-rising PG&E electric and gas bills

OAKLAND — Consumer groups, politicians, labor unions and advocacy organizations have teamed up to combat fast-rising increases in PG&E monthly bills and demand more accountability from the utility behemoth. FAIR …

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Why travelers expecting sticker shock could see sweet relief instead

by Franz Hernandez
Why travelers expecting sticker shock could see sweet relief instead

Dining out is more expensive than ever. The cost of gas is rising again. And the price of travel — including airfare and hotels — has kept pace. Right? Not …

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Are things about to get more difficult?

by Walter Watson
Are things about to get more difficult?

Up from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+ | Getty Images This report is from …

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Singapore stands firm on inflation – as Philippines, Indonesia start to sweat

by Walter Watson
Singapore stands firm on inflation – as Philippines, Indonesia start to sweat

Singapore’s monetary policy “remains appropriately tight”, according to the city state’s central bank chief Ravi Menon who signalled that authorities aren’t necessarily under pressure to do more even as regional …

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CNBC Daily Open: The perfect storm

by Walter Watson
CNBC Daily Open: The perfect storm

NEW YORK, NEW YORK – JUNE 03: People walk by the New York Stock Exchange (NYSE) at the start of the trading day on June 03, 2022 in New York …

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Opinion: Asia’s market turmoil has the US’ fingerprints all over it

by Anas Siddiqui
Opinion: Asia’s market turmoil has the US’ fingerprints all over it

An adage on Wall Street is that to quell inflation, the US Federal Reserve must raise interest rates until something breaks. In Asia, the cracks have deepened significantly over the …

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For the second Halloween in a row, U.S. candy inflation hits double digits

by Walter Watson
For the second Halloween in a row, U.S. candy inflation hits double digits

Brandon Bell | Getty Images News | Getty Images Spooked by the high price of Halloween candy? There’s not much relief in sight. For the second year in a row, …

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