Gloomy Americans cut back on spending as inflation ticks higher
A key inflation gauge moved higher in May in the latest sign that prices remain…
Browsing: Markets
America’s economy faces a new war shock: Surging oil prices
The American economy faces the unwelcome prospect of reignited inflation after the United States launched…
Federal Reserve leaves interest rates unchanged as it forecasts higher inflation
Despite calls by the president for lower interest rates, the central bank kept borrowing costs…
US inflation ticks higher but tariff impact remains muted
Prices of toys, car parts and major appliances jumped in the US last month, but…
US wholesale inflation heated up in May
US wholesale inflation rose slightly in May, driven in part by costlier goods; however, tariff-related…
Inflation Back in the Spotlight as Tariffs Talks Continue
Reports on consumer and wholesale inflation headline the week’s economic data as tariff negotiations between…
US service sector unexpectedly contracts in May; inflation heats up
The US services sector contracted for the first time in nearly a year in May…
Gold heads for weekly loss as dollar ticks higher, US inflation report in focus
Gold prices fell on Friday and were headed for weekly loss amid a slight uptick…
IMF raises UK growth forecast as it warns on tax and spending
The UK economy is forecast to grow slightly more than previously expected in 2025, but…
US business activity improves in May; inflation poised to accelerate sharply
U.S. business activity picked up in May amid a truce in the trade war between…