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inflation

Apple workers launch nationwide strike in France – right as the iPhone 15 hits stores

by Walter Watson
Apple workers launch nationwide strike in France – right as the iPhone 15 hits stores

Workers at Apple stores across France have gone on strike, demanding more pay. The nationwide strike by some 2,100 workers was timed to coincide with the Friday store release of …

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Bank of England ends run of 14 straight interest rate hikes

by Walter Watson
Bank of England ends run of 14 straight interest rate hikes

LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations. The bank had …

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Swiss National Bank holds rates unchanged, ending hike streak

by Walter Watson
Swiss National Bank holds rates unchanged, ending hike streak

A Swiss National Bank logo is pictured on the SNB building in Bern, Switzerland May 20, 2020. Arnd Wiegmann | Reuters The Swiss National Bank ended its streak of five …

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Government shutdown would leave the Fed flying blind

by Sam Bailey
Government shutdown would leave the Fed flying blind

Washington, DC CNN  —  In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. …

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U.S. national debt tops $33 trillion for first time

by Vera Ward
U.S. national debt tops  trillion for first time

The U.S. Department of the Treasury building is seen in Washington, D.C., Jan. 19, 2023. Saul Loeb | Afp | Getty Images WASHINGTON — The national debt of the U.S. …

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Grocery heads agree to ‘support’ Ottawa’s efforts to ‘stabilize food prices’ – National

by Vera Ward
Grocery heads agree to ‘support’ Ottawa’s efforts to ‘stabilize food prices’ – National

Canada’s top grocery executives have pledged to “support” the Liberal government’s efforts to keep prices in check, Industry Minister Francois-Philippe Champagne says. The heads of Canada’s biggest grocery chains attended …

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Liberals vow affordability bill will come ‘imminently’ as Parliament returns – National

by Vera Ward
Liberals vow affordability bill will come ‘imminently’ as Parliament returns – National

The federal government is vowing a new bill that will address several affordability issues will come “imminently.” MPs returned to Ottawa Monday for the resumption of the House of Commons …

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Grocer summit to ‘take the heat off’ Ottawa, not tackle food inflation: experts – National

by Vera Ward
Grocer summit to ‘take the heat off’ Ottawa, not tackle food inflation: experts – National

The federal government’s efforts to gather Canadian grocery executives for a summit to tackle food inflation is “disingenuous” and unlikely to bear much fruit, analysts say. Prime Minister Justin Trudeau …

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Arm’s surge lends helping hand to banks

by Horatio Thompson
Arm’s surge lends helping hand to banks

Arm Holdings CEO Rene Haas poses for a photo with members of leadership before the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. …

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Manhattan median rent remains at record high

by Anas Siddiqui
Manhattan median rent remains at record high

Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at a record high, according to a new report. The median rent in Manhattan in August …

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