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Household Debt at New Record Is Squeezing Low-Income Americans

Household Debt at New Record Is Squeezing Low-Income Americans

US household debt climbed to a fresh high last quarter, with rising incomes leaving many consumers able to manage the burden, but ...

Fed’s Logan Calls for Cautious Rate-Cutting Pace Amid Uncertainties

Fed’s Logan Calls for Cautious Rate-Cutting Pace Amid Uncertainties

Federal Reserve Bank of Dallas President Lorie Logan said while more interest-rate cuts are likely needed, policymakers should mov...

Fed’s Kashkari Says Inflation Data Moving In Right Direction

Fed’s Kashkari Says Inflation Data Moving In Right Direction

Federal Reserve Bank of Minneapolis President Neel Kashkari said the top figures from the latest consumer price report confirm inf...

Here Are the Key Takeaways From the US CPI Report for October

Here Are the Key Takeaways From the US CPI Report for October

Here are the key takeaways from the October US consumer price index report released Wednesday:

Traders Boost Bets on December Fed Cut After In-Line Inflation

Traders Boost Bets on December Fed Cut After In-Line Inflation

Treasuries rallied as traders added to wagers that the Federal Reserve will cut interest rates by another quarter point next month...

US Core CPI Remains Firm for Third Straight Month With 0.3% Gain

US Core CPI Remains Firm for Third Straight Month With 0.3% Gain

A measure of underlying US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in tr...

Made in Switzerland Laws Reap $1.6 Billion a Year Business Boon

Made in Switzerland Laws Reap $1.6 Billion a Year Business Boon

Laws prescribing that only products made in Switzerland can be marketed using Swiss images bring some 1.4 billion francs ($1.6 bil...

Zambia Bracing for Impact After Trump Win Spurs Dollar Demand

Zambia Bracing for Impact After Trump Win Spurs Dollar Demand

Zambia’s central bank governor warned that a rally in the dollar fanned by Donald Trump’s election victory may place strain on its...

Analysis of US CPI Report for October

Analysis of US CPI Report for October

Powell Says US Inflation Views Are Anchored — Are They?

Powell Says US Inflation Views Are Anchored — Are They?

I’m Cécile Daurat, an economics editor in the US. Today, along with Molly Smith, we’re looking at long-term inflation expectations...

January Is Shaping Up as a Pivotal Month for Global Trade

January Is Shaping Up as a Pivotal Month for Global Trade

While much of the world braces for US Inauguration Day on Jan. 20, there’s another date that month that’s heaping uncertainty on t...

BOE’s Mann Says Policymakers Can Afford to Wait on Rate Cuts

BOE’s Mann Says Policymakers Can Afford to Wait on Rate Cuts

Bank of England rate-setter Catherine Mann said monetary policy is impacting inflation more quickly than economic theory suggests,...

Gamblers Pay 400% Loan Rates to Fund Betting Frenzy in Brazil

Gamblers Pay 400% Loan Rates to Fund Betting Frenzy in Brazil

The boom shocked policy makers who are now scrambling to control it

Zambia Lifts Key Rate to 14% to Bolster Currency, Tame Prices

Zambia Lifts Key Rate to 14% to Bolster Currency, Tame Prices

Zambia’s central bank raised its key interest rate to the highest level since 2017 to contain price pressures and prop up its brui...

Re-Appearing Dark Fleet Vessel Underlines Zombie Ship Challenge

Re-Appearing Dark Fleet Vessel Underlines Zombie Ship Challenge

After a dark-fleet ship exploded off the coast of Malaysia in May last year, its scorched wreck was sent to an Indonesian scrapyar...

US CPI to Show Another Firm Reading, Leaving Fed Path Up in Air

US CPI to Show Another Firm Reading, Leaving Fed Path Up in Air

Forecasters expect a monthly report on US consumer prices to show a third month of firm underlying inflation, keeping the pace of ...

Mexico Budget Plans to Include $6 Billion Support for Pemex Debt

Mexico Budget Plans to Include $6 Billion Support for Pemex Debt

Mexico plans to set aside about $6 billion for state oil company Petroleos Mexicanos in its 2025 draft budget, people familiar wit...

Brazil Central Bank Steps Into Currency Market Amid Real Selloff

Brazil Central Bank Steps Into Currency Market Amid Real Selloff

Brazil’s central bank is stepping into currency markets as the real has been battered by fiscal concerns at home and a broad slide...

Jimmy Carter becomes first president to turn 100

1 month ago

Jimmy Carter becomes first president to turn 100

Georgia doctors speak out to challenge misinformation on sta...

1 month ago

Georgia doctors speak out to challenge misinformation on state's abortion law, death of Amber Thurman

After Shaq, Jay-Z, Beyonce And Others, Tesla Cybertruck Join...

1 month ago

After Shaq, Jay-Z, Beyonce And Others, Tesla Cybertruck Joins Joins Irvine Police Department's Fleet, Will Be Used For Community Outreach Efforts

Pentagon sending a ‘few thousand’ personnel to Middle East d...

1 month ago

Pentagon sending a ‘few thousand’ personnel to Middle East day after Biden said he wouldn’t add combat troops

Scandals, failed assassinations and political rhetoric: Both...

2 months ago

Scandals, failed assassinations and political rhetoric: Both sides go high and low

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