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high inflation
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, 2024
BY
The Canadian Press
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, 2023
BY
Joseph Robertson
Australia Extends Trade Sanctions on Russia
The sanctions come as the conflict in Ukraine continues.
October 18, 2023
BY
Nick Spencer
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, 2023
BY
The Canadian Press
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, 2023
BY
Evgenia Filimianova
Fed Dominates Money Markets, Stifling Private Economy
The Fed's ever-expanding control will minimize the role of private markets, experts warn.
September 13, 2023
BY
Kevin Stocklin
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, 2023
BY
Kevin Stocklin
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, 2023
BY
Celene Ignacio
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, 2023
BY
The Canadian Press
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Law Ka-chung
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, 2023
BY
Jan Jekielek
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
‘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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Alfred Bui
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
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, 2023
BY
Naveen Athrappully
TOP NEWS
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
2hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
2hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing–How to Enhance Its Function
3hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
7hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
8hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
9hr
By
Jacob Burg
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
14hr
By
Melanie Sun
Kentucky Derby Champion Golden Tempo Wins 2026 Belmont Stakes
16hr
By
Ross Kelly
Hegseth Warns Europe of ‘Dangerous Ideologies’
16hr
By
Tom Gantert
Trump Issues Memo to Accelerate AI Use for National Security
17hr
By
Aldgra Fredly