Why inflation may look like it’s easing but is still a huge problem
A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty Images Just
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Breaking News: Economy
UK trade deals with India, Gulf are ‘the priority’: business minister
Secretary of State for Business and Trade and President of the Board of Trade Jonathan Reynolds leaves 10 Downing Street after attending the
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Trade rep Lighthizer warns Wall Street to be prepared
Robert Lighthizer, former US trade representative, speaks during an event with former US President Donald Trump, not pictured, at Precision Components Group in
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Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing 737 MAX airliners are pictured at the company’s factory on Thursday, Sept. 12, 2024, in Renton, Wash. Stephen Brashear | AP Boeing
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French budget focuses on tax hikes as analysts warn of ratings downgrades
France’s newly-installed government on Thursday presented a draft budget containing 60 billion euros ($65.6 billion) in tax hikes and spending cuts, as analysts
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Inflation rate at 2.4%, topping expectations; jobless claims jump
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following
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Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding
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Truckers, rails scrambling before ILA union shutdown
Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on
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OpenAI’s CFO says funding round should close by next week in letter
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI CFO Sarah Friar
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Prices rise 2.2%, less than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.
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