Tag: economy

The campaign to fight U.S. inflation by upping interest rates has been going on for a year and a half – and its impacts are being felt around the world. ...

When Chair Jerome Powell and other Federal Reserve officials gather this week for their latest decision on interest rates, they will do so on the cusp of achieving an elusive “soft ...

The June US employment report showed the economy added 209,000 jobs, below expectations. Analysts at Wells Fargo point out that the report offered additional evidence that the labor market is ...

Treasury Secretary Janet Yellen wouldn’t rule out the threat of a US recession, saying it’s “appropriate and normal” for growth to moderate and that inflation remains too high. The risk ...

The Bank of England raised its benchmark rate to 5% amid inflation concerns; UK economy faces challenges, but traders expect further hikes.

China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities seek to shore up a slowing economic recovery, although concerns about the property ...

Despite relaxed Covid-19 measures, China's economic recovery has been less impressive than anticipated, with a weak industrial recovery and lower-than-expected demand for oil impacting global prices.

During a trip to Ghana, Tanzania, and Zambia last month, Vice President Kamala Harris announced more than $1 billion in public and private investments to close Africa’s digital divide–with a ...

Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” ...

Biden has always pretended to pay attention to rebuilding the lop-sided economy of the United States. He has always stuck to the idea of redesigning economic practices to make them ...