Finance
Fed Data: Households Maintain Big Purchase Plans Despite Inflation
New Federal Reserve data reveals consumers intend to maintain spending on major purchases, with a focus on managing payments to absorb costs.
#Inflation 128 articles
World Business
OECD Warns of Worsening Global Economic Outlook Amid Middle East Conflict
The OECD Secretary General stated that the ongoing Middle East conflict is increasing inflation and dampening global economic growth, with a formal...
Investing
US Yields Near 2007 Peaks Divide Investor Sentiment
Soaring US Treasury yields are creating a dilemma for global investors, balancing attractive rates against the risk of further declines. Divergent economic...
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.
Markets
Powell’s Fed Legacy: Inflation, Soft Landing, and Independence
Jerome Powell's eight-year tenure as Fed chair saw the US economy transform from low inflation to a post-pandemic surge, a 'soft landing,'...
Markets
Gold Plunges 2% Below $4,600 Amid Oil-Driven Inflation Fears
Gold prices tumbled over 2 percent on Friday, hitting a one-week low as a stronger dollar, rising Treasury yields, and escalating oil...
Markets
Crude Oil Soars Past $105 as Hormuz Blockade Persists After US-China Summit
Crude oil prices surged past $105 per barrel on Friday after the U.S.-China summit concluded without a breakthrough on the Strait of...
Economy
Gold Drops as Inflation Fuels Rate Hike Bets, Dollar Strengthens
Gold is heading for a weekly decline, pressured by surging US inflation and expectations for higher interest rates. A stronger dollar and...
Economy
Global Markets Retreat as Inflation Fears Intensify, AI Trade Questioned
Stocks and bonds declined globally as rising oil prices deepened inflation concerns and investors reassessed the longevity of the artificial intelligence rally....