Electricity prices are on the rise. Is it inflation or an underlying issue?
The sun is burning a hole in Americans’ wallets. Back-to-back months of heat records and…
Browsing: Markets
Dollar holds gains ahead of US inflation test
The dollar steadied on Thursday as it nursed some of its steep losses from previous…
US Fed chief signals to cut interest rates, shifts focus from inflation to unemployment
In a much-awaited speech at the Jackson Hole Symposium on Friday, Federal Reserve Chair Jerome…
Why a weakening U.S. dollar can help the consumer
The dollar fell to its lowest level since December on Wednesday as investors anticipate Federal…
Slowest US inflation since 2021 raises rate cut hope
Consumer prices in the US rose at the slowest pace in more than three years…
America’s worst price spike in four decades over? New inflation data likely today
If the Federal Reserve needs any further evidence that the worst price spike in four…
Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike
The great inflation spike of the past three years is nearly spent — and economists…
JPMorgan boosts US recession chance to 35% by end of this year
With US inflation pressures coming down, JPMorgan sees the Fed cutting rates by half a…
US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears
The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the…
The U.S. Federal Reserve sees cooler inflation, suggesting a rate cut is nearing
The Federal Reserve said Wednesday that greater progress has been made in reducing inflation to…