Rising inflation has led consumers to rethink the idea that inflation was going to come down a lot this year. | Economy
Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed.
Federal Reserve signals interest rates will stay at two-decade high until
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with
In a complaint, filed on Friday in Washington D.C., three ticket buyers accused her of breaking the law by arriving two hours late to both of her shows at the city's Capital One Arena in December.
The Federal Reserve is not expected to cut interest rates Wednesday as inflation persists. CBS News contributor J.D. Durkin breaks down the data.
The unemployment rate in Japan was a seasonally adjusted 2.6 percent in March, the Ministry of Internal Affairs and Communications said on Tuesday. That was unchanged from the February reading, although it missed forecasts for 2.5 percent. The jobs-to-applicant ratio was 1.28, which exceeded
Public confidence in king Willem-Alexander has not recovered following the dip it took during the coronavirus after a series of high profile blunders by the monarch. However, research shows it has now stabilised, broadcaster NOS said on Saturday. NOS publishes an update on the royals’ popularity every King’s Day, when Willem-Alexander celebrates his birthday. This year the family are in Emmen. In general, the Dutch give the king an average mark of 6.6 out of 10, in line with last
Investing in cryptocurrencies is picking up steam, according to a new survey, even in the face of potential volatility and massive fraud that has been uncovered.
An inflation measure closely watched by the Federal Reserve rose faster than expected in March as high prices continue to weigh on millions of Americans. The personal consumption expenditures index showed that consumer prices rose 0.3% from the previous month, according to the Labor Department, in line with expectations. On an annual basis, prices climbed 2.7% – higher than both the 2.6% forecast from LSEG economists and the 2.5% reading recorded the previous month. In another sign that progress...
Common household products containing nanoparticles—grains of engineered material so miniscule they are invisible to the eye—could be contributing to a new form of indoor air pollution, according to a Rutgers University study.
The employment cost index, which measures worker salaries and benefits, gained 1.2% in the first quarter.