Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
#Inflation 109 articles
Finance
Bank of England Expected to Freeze Rates; Mideast Deal Calms Oil Markets
The Bank of England's Monetary Policy Committee is widely anticipated to keep interest rates at 3.75%, influenced by easing Mideast tensions and...
Economy
Retail Spending Climbs 0.9% in May as Weather Improves, Gas Prices Cool
U.S. retail sales rose 0.9% in May, exceeding expectations as warmer weather and cooling gasoline prices encouraged consumer spending. This gain follows...
Economy
UK Inflation Holds Steady at 2.8% as Food Price Rises Slow
UK inflation remained unexpectedly steady at 2.8% in May, defying forecasts, as a significant slowdown in food price increases offset rising transport...
Economy
£5 Coffee: A Microcosm of Global Economic Turmoil
The rising cost of coffee, now hitting £5 in some city centres, reveals a complex interplay of climate shocks, trade tariffs, and...
Economy
Taiwan Bond Yields Climb on Cash Squeeze, AI Stock Boom
Taiwan's bond yields are rising as a cash squeeze, driven by tax payments and AI-fueled brokerage loan demand, combines with inflation fears...
Finance
BOJ Readies Rate Hike to 1995 High; Ueda Absent from Meeting
The Bank of Japan is expected to raise its benchmark rate to 1%—the highest since 1995—at a historic meeting without Governor Kazuo...
Stocks
Oil Executives Alert Trump to Worsening Gasoline Prices
Oil and gas executives have warned the Trump administration that gasoline prices could climb significantly in coming months due to critically low...
World Business
ECB Hikes Rates as Iran War Ignites Global Inflation Wave
The Iran war continues to push up global prices and dent growth, prompting the ECB's first rate hike in nearly three years...