Economy
Inflationary Pressures Mount as US Consumers Face Persistent Price Hikes
New consumer price data is expected to confirm rising inflation, with economists forecasting a 0.6% CPI increase for April, deepening consumer frustration.
#Inflation 38 articles
Economy
Layoffs, Inflation Batter Iran’s War-Struck Economy
Iran's economy faces mass layoffs and soaring inflation due to war, compounded by destroyed infrastructure and internet blackouts, creating a dire outlook...
Markets
Mortgage Rates Rebound: 30-Year Fixed Hits 6.37% Amid Inflation Fears
The average long-term U.S. mortgage rate rose for a second consecutive week, with the 30-year fixed rate reaching 6.37%, returning to levels...
Economy
Jobless Claims Tick Up to 200K, Still Near Historic Lows
US jobless claims rose to 200,000 last week, a slight increase but remaining historically low amid inflation and global economic uncertainty.
Economy
BoC Ready to Hike Rates if Energy Prices Fuel Broader Inflation
Bank of Canada Governor Tiff Macklem told MPs that interest rate hikes are possible if high energy prices lead to persistent, generalized...
Economy
Trump’s Economy: Strong Growth Meets Soaring Costs Ahead of Midterms
Despite robust Q1 2026 GDP growth driven by AI investment, American voters face a rising cost of living and higher borrowing costs...
Finance
Aegon, Barclays Warn of Impending Market Pain
Skeptics at Aegon Asset Management and Barclays Plc are bracing for a potential reversal of April's credit rally, citing persistent geopolitical and...
Finance
Iran War: Bank of England Warns of Rate Hikes, £80 Mortgage Rise, Higher Energy Bills
The Bank of England's latest report details how the Iran war could trigger interest rate rises, an average £80 monthly increase for...
Markets
Retirement Income: Why ‘Interest Only’ May Fall Short for Most
Many retirees consider withdrawing only interest from savings, but median account balances and inflation make this strategy unfeasible for most Americans.