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Prices

Johns Hopkins economist Steve Hanke

by Walter Watson
Johns Hopkins economist Steve Hanke

The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke. “I think the inflation story is history. One reason for that is that money supply has …

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Asia markets rise as U.S. inflation rate slows more than expected

by Walter Watson
Asia markets rise as U.S. inflation rate slows more than expected

New Zealand factory sees steeper contraction in June New Zealand’s factory activity saw a steeper contraction in June, with the manufacturing purchasing managers index standing at 47.6, lower than the …

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Biden takes victory lap as inflation cools

by Vera Ward
Biden takes victory lap as inflation cools

US President Joe Biden (CR) attends a meeting with Ukrainian President Volodymyr Zelensky at the sidelines of the NATO Summit in Vilnius on July 12, 2023.  Andrew Caballero-Reynolds | AFP …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work the floor of the New York Stock Exchange. Getty Images U.S. stock futures were slightly higher Wednesday morning as investors looked toward the first potentially pivotal inflation report …

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Asia markets mixed ahead of India and U.S. inflation data

by Ron Morgan
Asia markets mixed ahead of India and U.S. inflation data

Beautiful and colorful aerial view of Mumbai skyline during twilight seen from Currey Road, on February 16, 2022 in Mumbai, India. Pratik Chorge | Hindustan Times | Getty Images Asia-Pacific …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

U.S. stocks rose Tuesday, after the major averages snapped a three-day decline, as traders awaited key inflation data slated for release later in the week. The Dow Jones Industrial Average …

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Taylor Swift, Beyoncé, Springsteen could be making inflation worse with ‘tourflation’

by Walter Watson
Taylor Swift, Beyoncé, Springsteen could be making inflation worse with ‘tourflation’

Beyoncé performs onstage during the “RENAISSANCE WORLD TOUR” at PGE Narodowy on June 27, 2023 in Warsaw, Poland. Kevin Mazur | Wireimage | Getty Images As inflation remains high in …

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Citing pandemic, Biden advisor defends stimulus and inflation surge

by Walter Watson
Citing pandemic, Biden advisor defends stimulus and inflation surge

The Covid-19 pandemic, rather than Joe Biden’s economic policies and stimulus packages, is the “real cause” of high inflation, according to a member of the U.S. President’s Council of Economic …

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India to become world’s second largest economy by 2075: Goldman Sachs

by Ron Morgan
India to become world’s second largest economy by 2075: Goldman Sachs

India’s Taj Mahal At Sunrise. Wolfgang Kaehler | Lightrocket | Getty Images India is poised to become the world’s second-largest economy by 2075, leapfrogging not just Japan and Germany, but …

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This is ‘the end of the beginning’ of the battle against inflation, economist says

by Walter Watson
This is ‘the end of the beginning’ of the battle against inflation, economist says

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on …

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