Markets
Fed, BoE, BoJ Hold Rates; Inflation Risks Intensify Globally
Major central banks, including the Federal Reserve, Bank of England, and Bank of Japan, maintained interest rates this week as renewed inflation...
#Inflation 196 articles
Economy
Indian Firms Gear Up for Second Round of Price Hikes
Indian consumer companies are planning fresh price increases on a range of products, driven by rising commodity costs and a challenging inflation...
Markets
Gold Tumbles on Fed Doubts, Mideast Conflict Fears
Gold prices saw a sharp decline Friday, driven by persistent uncertainty over the Federal Reserve's rate path and escalating geopolitical tensions in...
Economy
French Inflation Jumps to 2.4%, Bolstering ECB Rate Hike Prospects
French inflation unexpectedly accelerated to 2.4% in July, driven by services and energy, strengthening the case for a European Central Bank interest-rate...
Economy
US Growth Slows to 1.5% in Q2 Despite Consumer Spending Surge
The US economy unexpectedly slowed to an annual growth rate of 1.5% in the second quarter, down from 2.1%, defying analyst forecasts....
Economy
US Jobless Claims Rise to 197K; Layoffs Remain Low Despite Headwinds
New US jobless claims rose to 197,000 last week, but layoffs stay historically low. The labor market shows resilience even as the...
Finance
30-Year Mortgage Rate Reaches 6.66% as War Fuels Inflation
The average 30-year fixed-rate mortgage hit 6.66% this week, its highest in a year, driven by the war in Iran, rising oil...
Economy
Economy Slows to 1.5% Growth, Consumers Maintain Spending Pace
The U.S. economy grew at a 1.5% annual rate in the spring, a slowdown from Q1, but consumer spending remained strong at...
Economy
Tariff Costs Mount in Michigan, Worrying Even Trump Loyalists
President Trump touts tariffs in Michigan, but rising costs and job losses contradict his claims, causing concern among some loyal supporters.