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high inflation

  • Economists Expect Inflation Eased in January, but Housing Still ‘Thorn’ in BoC’s Side
    Economists Expect Inflation Eased in January, but Housing Still ‘Thorn’ in BoC’s Side
    As the Bank of Canada waits for the right moment to start cutting interest rates, some economists are arguing that its decision shouldn't hinge on the housing market. Canada's inflation ...
    February 19, 2024BY The Canadian Press
  • Bank of England’s Net Zero Focus Raises Concerns Over Inflation-Fighting Capability, Warn Lords
    Bank of England’s Net Zero Focus Raises Concerns Over Inflation-Fighting Capability, Warn Lords
    A think tank has warned that the Bank Of England may be under threat from 'ESG mission creep,' ...
    November 28, 2023BY Joseph Robertson
  • Australia Extends Trade Sanctions on Russia
    Australia Extends Trade Sanctions on Russia
    The sanctions come as the conflict in Ukraine continues.
    October 18, 2023BY Nick Spencer
  • Champagne Says He Wishes Grocers Were More ‘Forthcoming’ on Plans to Stabilize Prices
    Champagne Says He Wishes Grocers Were More ‘Forthcoming’ on Plans to Stabilize Prices
    Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their ...
    October 17, 2023BY The Canadian Press
  • IFS: Britain in ‘Horrible Fiscal Bind’ Amid High Debt Spending
    IFS: Britain in ‘Horrible Fiscal Bind’ Amid High Debt Spending
    Leading economists have warned that there was little room for tax cuts or increased spending at a time ...
    October 17, 2023BY Evgenia Filimianova
  • Fed Dominates Money Markets, Stifling Private Economy
    Fed Dominates Money Markets, Stifling Private Economy
    The Fed's ever-expanding control will minimize the role of private markets, experts warn.
    September 13, 2023BY Kevin Stocklin
  • Despite ‘Soft Landing’ Predictions Some Economists See Warning Signs Flashing Red
    Despite ‘Soft Landing’ Predictions Some Economists See Warning Signs Flashing Red
    As Wall Street banks take an increasingly optimistic view of America’s economy, several traditional indicators are sending signals ...
    September 9, 2023BY Kevin Stocklin
  • Domino’s Pizza to Cut 200 Workers in Australia as Net Profit Plunges
    Domino’s Pizza to Cut 200 Workers in Australia as Net Profit Plunges
    Domino's Pizza will reduce its workforce by 200 people in an effort to restructure amid lower sales and ...
    August 23, 2023BY Celene Ignacio
  • Bank of Canada Expected to Raise Rates Next Week, Despite Rise in Unemployment Rate
    Bank of Canada Expected to Raise Rates Next Week, Despite Rise in Unemployment Rate
    The Canadian labour market is showing some signs of softening as the unemployment rate rises and wage growth ...
    July 7, 2023BY The Canadian Press
  • Small Business Owners Nationwide Struggling to Make Rent: Survey
    Small Business Owners Nationwide Struggling to Make Rent: Survey
    A recent report states that many small business owners are failing to pay rent on time due to ...
    July 1, 2023BY Naveen Athrappully
  • Consumer Spending Grows by Just 0.1 Percent in May, Inflation Remains High
    Consumer Spending Grows by Just 0.1 Percent in May, Inflation Remains High
    U.S. consumer spending stalled in May to the lowest growth rate this year as inflation remained elevated. Consumer ...
    July 1, 2023BY Naveen Athrappully
  • Phillips Curve Breaks Down Under High Inflation
    Phillips Curve Breaks Down Under High Inflation
    Commentary International organizations such as International Monetary Fund (IMF), World Bank (WB), and Organization for Economic Co-operation and ...
    June 14, 2023BY Law Ka-chung
  • David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
    David Stockman: Debt Default, the ‘Doomsday Budget Machine,’ and Failed Fiscal Restraint Explained
    Stockman is the author of “The Great Money Bubble: Protect Yourself from the Coming Inflation Storm.”
    June 6, 2023BY Jan Jekielek
  • US Labor Productivity Dips and Costs Surge in First Quarter 2023
    US Labor Productivity Dips and Costs Surge in First Quarter 2023
    Labor productivity fell during the first quarter this year while labor costs rose, posing a challenge to the ...
    May 5, 2023BY Naveen Athrappully
  • A ‘Feel-Good’ Period Before ‘Inevitable’ US Recession: JPMorgan Investment Officer
    A ‘Feel-Good’ Period Before ‘Inevitable’ US Recession: JPMorgan Investment Officer
    Markets could see a rally before an inevitable downturn, said Bob Michele, the chief investment officer of JPMorgan ...
    April 2, 2023BY Naveen Athrappully
  • Bond Market Volatility Spikes Amid Uncertainty Over Fed Rate Hikes
    Bond Market Volatility Spikes Amid Uncertainty Over Fed Rate Hikes
    Bond volatility has jumped and yields have fallen as the American banking crisis cast doubts on whether the ...
    March 16, 2023BY Naveen Athrappully
  • Argentina’s Inflation Exceeds 100 Percent in February
    Argentina’s Inflation Exceeds 100 Percent in February
    Argentina’s annual inflation has shot past 100 percent for the first time in three decades, with the country’s ...
    March 15, 2023BY Naveen Athrappully
  • American Cities With Highest and Lowest Inflation
    American Cities With Highest and Lowest Inflation
    The cities of Tampa, Philadelphia, and Phoenix are seeing the highest inflation rates in the United States, while ...
    March 15, 2023BY Naveen Athrappully
  • One-Quarter of Americans Would Use Credit Cards for $1,000 Emergency: Poll
    One-Quarter of Americans Would Use Credit Cards for $1,000 Emergency: Poll
    A quarter of U.S. citizens would resort to using credit cards when faced with a $1,000 emergency expense, ...
    February 25, 2023BY Naveen Athrappully
  • Major Banks See Federal Reserve Raising Interest Rates Beyond 5 Percent as Inflation ‘Refuses to Soften’
    Major Banks See Federal Reserve Raising Interest Rates Beyond 5 Percent as Inflation ‘Refuses to Soften’
    Goldman Sachs, Deutsche Bank, the Bank of America (BofA), and other financial institutions are expecting the Federal Reserve ...
    February 17, 2023BY Naveen Athrappully
  • ‘Washington Taxes You and Lights Your Hard-Earned Money on Fire’: Gov. Sanders Responds to Biden’s Address
    ‘Washington Taxes You and Lights Your Hard-Earned Money on Fire’: Gov. Sanders Responds to Biden’s Address
    In her response to President Joe Biden’s State of the Union address on Feb. 7, Arkansas Gov. Sarah ...
    February 8, 2023BY Naveen Athrappully
  • Hardship Withdrawals From Retirement Accounts Surge as Americans Battle Rising Prices
    Hardship Withdrawals From Retirement Accounts Surge as Americans Battle Rising Prices
    Last year, a higher proportion of Americans with 401(k) accounts carried out hardship withdrawals—emergency removal of funds from ...
    February 3, 2023BY Naveen Athrappully
  • Reserve Bank of Australia Says Less Living Cost Pressures but More Mortgage Pain in 2023
    Reserve Bank of Australia Says Less Living Cost Pressures but More Mortgage Pain in 2023
    Australian consumers may soon see a drop in the prices of daily necessities as the Reserve Bank of ...
    February 2, 2023BY Alfred Bui
  • Mortgage Rates Decline to Lowest Level in Four Months, 2023 Recession ‘Still an Issue’
    Mortgage Rates Decline to Lowest Level in Four Months, 2023 Recession ‘Still an Issue’
    U.S. mortgage rates for 30-year fixed-rate loans have fallen to their lowest in four months amid a slowdown ...
    January 20, 2023BY Naveen Athrappully
  • Fed Policymakers Foresee Need for More Rate Hikes to Control Inflation
    Fed Policymakers Foresee Need for More Rate Hikes to Control Inflation
    Multiple Federal Reserve policymakers are expecting interest-rate hikes to continue, albeit at a smaller magnitude, as the central ...
    January 19, 2023BY Naveen Athrappully
  • Fed’s Harker Blames ‘Scourge’ of High Inflation on Too Much Government Spending and Easy Money Policies
    Fed’s Harker Blames ‘Scourge’ of High Inflation on Too Much Government Spending and Easy Money Policies
    Excessive spending by the government and accommodative policies of the Federal Reserve have triggered rampant inflation in the ...
    January 12, 2023BY Naveen Athrappully
  • Wall Street Expects Big Drop in Corporate Earnings and More Layoffs Starting January: Analysts
    Wall Street Expects Big Drop in Corporate Earnings and More Layoffs Starting January: Analysts
    U.S. businesses are expected to see corporate earnings drop owing to a slowdown in the economy and rising ...
    January 10, 2023BY Naveen Athrappully
TOP NEWS
  • White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
    NEW By Jack Phillips
    White House Says NJ Noncitizen Voter Error Suggests Need for SAVE America Act
  • Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
    1hr By Frank Fang
    Doctor Urges Medical Community to Take Action Against China’s Forced Organ Harvesting
  • Ford Recalls Nearly 390,000 Vehicles for Potential Second-Row Seat Hazard
    2hr By Mary Prenon
    Ford Recalls Nearly 390,000 Vehicles for Potential Second-Row Seat Hazard
  • France Recorded 5,000 Excess Deaths During Heat Wave: Officials
    3hr By Zachary Stieber
    France Recorded 5,000 Excess Deaths During Heat Wave: Officials
  • Impact of Houthi Red Sea Blockade on Energy Markets: What to Know
    3hr By Guy Birchall
    Impact of Houthi Red Sea Blockade on Energy Markets: What to Know
  • Tropical Storm Bertha Heads Toward Landfall in Louisiana
    3hr By T.J. Muscaro
    Tropical Storm Bertha Heads Toward Landfall in Louisiana
  • Ukraine Recaptured 280 Square Miles of Territory So Far This Year, Says Outgoing Top General
    3hr By Victoria Friedman
    Ukraine Recaptured 280 Square Miles of Territory So Far This Year, Says Outgoing Top General
  • Top US, China Diplomats Meet in Philippines Ahead of Summit
    3hr By Dorothy Li
    Top US, China Diplomats Meet in Philippines Ahead of Summit
  • Trump Attends Dignified Transfer of US Soldiers Killed in Iranian Strikes
    3hr By Timothy Frudd
    Trump Attends Dignified Transfer of US Soldiers Killed in Iranian Strikes
  • OpenAI Says Its Model Autonomously Hacked Hugging Face
    3hr By Tom Ozimek
    OpenAI Says Its Model Autonomously Hacked Hugging Face
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