WASHINGTON (AP) — The Congressional Budget Office released an economic outlook Wednesday saying high inflation will persist into next year, likely causing the federal government to pay higher interest...
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Fed officials signal rates may head to ‘restrictive’ levels
WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they might ...
Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.
Political an...
TOKYO, May 20 (Reuters) - Japan's core consumer inflation in April rose above the central bank's 2% target, hitting a more than seven-year high as increases in energy and commodity costs are c...
TAIPEI (Taiwan News) — The Russian invasion in Ukraine and the COVID-19 lockdowns in China will result in a 2022 inflation rate higher than 2% for Taiwan, the Central Bank said Wednesday (May 18...
COPENHAGEN, Denmark (AP) — Inflation in Sweden increased last month to its highest level since 1991, officials said Thursday, as countries worldwide grapple with surging prices exacerbated by Russia's...
World shares fell Thursday following the release of U.S. inflation data that was higher than expected.
U.S. futures and oil prices also fell. A pledge by Chinese leaders of more sup...
TAIPEI (Taiwan News) — Imported inflation might make it difficult for Taiwan’s GDP to reach 4% growth this year, Central Bank Governor Yang Chin-long (楊金龍) said Thursday (May 12).
The c...
U.S. stocks ended sharply lower on Wednesday, with the Nasdaq dropping more than 3% and the Dow falling for a fifth straight day after U.S. inflation data did little to ease investor worries over the ...
Kendall Nunamaker and her family of five in Kennewick, Washington, faced impossible math this month: How to pay for gas, groceries and the mortgage with inflation driving up prices?
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WASHINGTON (AP) — President Joe Biden wants to put a spotlight on the spike in food prices from Russia's invasion of Ukraine when he travels to an Illinois farm to emphasize how U.S. agricultural expo...
Business and economic events scheduled for Wednesday.
All times are Eastern.
WASHINGTON — Labor Department releases Consumer Price Index for April, 8:30 a.m.
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COPENHAGEN, Denmark (AP) — Denmark's inflation rate has increased to 6.7% in April in its highest level since 1984 as electricity and heating prices spike, authorities said Tuesday.
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A look at some of the key business events and economic indicators upcoming this week:
PUMPED UP
Occidental Petroleum reports its first-quarter results Tuesday.
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Business events and economic reports scheduled for the coming week.
All times are Eastern.
WEDNESDAY, May 11
WASHINGTON — Labor Department release...