Analysts have said the recent stability seen in the foreign exchange market coupled with the appreciation of the naira will read more Analysts see stable naira moderating inflation
Australia is yet to declare victory against inflation and hotter-than-expected price data out of the world’s biggest economy and fresh volatility in oil markets are casting shadows over the outlook. AMP deputy chief economist Diana Mousina says the recent uptick in United States’ inflation data is concerning but Australia is experiencing different consumer price trends […]
Australians have been warned the budget surplus could be tiny amid cost-of-living pressures and heightened global economic uncertainty with war in Europe and conflict in the Middle East. A month out from the federal budget, Treasurer Jim Chalmers has said a second surplus is “still our goal” despite a recent hit to revenue from falling […]
Trump is walking a tricky tightrope trying to appeal to his evangelical base and moderate voters. His solution? A bunch of contradictory nonsenseIn recent years, Donald Trump has sold NFTs, sneakers, and bibles. Now the perennial marketer is busy selling a new and improved version of himself to voters. Meet Don 2.0: a reasonable man with moderate views on abortion. Continue reading
Americans haven’t felt any better about the economy these past few months, but they haven’t felt any worse either. That’s striking because disappointing inflation reports have thrown Wall Street into a tailspin. The University of Michigan’s latest consumer survey showed that sentiment largely held steady in April, according to preliminary reading, edging lower to a reading of 77.9 from 79.4. Sentiment is well above the record lows seen in the summer of 2022, when inflation reached 40-year highs,...
Monday morning saw a rebound in U.S. futures after Friday’s sell-off, prompted by concerns over inflation and escalating geopolitical woes. Notably, futures on the
Phil Foden limped off during Manchester City’s 3-3 draw with Real Madrid in midweek, but there isn’t too much concern. The England international scored a wonderful goal at the Bernabeu
Rob Key has backed the use of Kookaburra balls for full County Championship seasons in future despite the first fortnight of 2024 producing just one positive result.
Philippe Clement's Rangers suffered another. One win in last five Premiership games puts them three points behind Celtic. Harry Kane's trophy curse continues.. Will he EVER win a trophy after Bayer Leverkusen's Bundesliga glory? Listen to the
On Friday’s broadcast of CNBC’s “Squawk on the Street,” BlackRock CEO Larry Fink stated that it will be difficult to reach 2% inflation and one reason is “We have a trillion dollars of fiscal stimulus in the CHIPS Act, the
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that the March PPI inflation data, which showed the highest level in almost a year, “tempers” worries in the wake of the
John Cassidy, New Yorker staff writer and columnist on politics and economics, talks about the better-than-expected jobs report, the worse-than-expected inflation report and how both parties are responding to the perception and reality of the U.S. economy.