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Inflation
May Jobs Resets Recession Expectations, but Hardens Inflation Expectations
New May jobs printed at 339,000 on June 2, according to the Establishment Survey, well above market expectations of 180,000 jobs. Net revisions were were also up 93,000 jobs from ...
June 2, 2023
BY
J.G. Collins
Dollar Dips as Chances Grow for Fed ‘Skip’, Debt Bill Passes
LONDON—The dollar was heading for its largest weekly fall since mid-January on Friday as the view took hold ...
June 2, 2023
BY
Reuters
Stocks Gain, Dollar Stumbles as US Averts Default, Fed Skip Bets Rise
LONDON/SINGAPORE—Global stocks and commodities rose on Friday while the dollar headed for its biggest weekly drop since January, ...
June 2, 2023
BY
Reuters
Large Number of Job Openings May Lead to Rate Hike
U.S. job openings unexpectedly rose last month, but the strong labor market numbers could lead the Federal Reserve ...
June 1, 2023
BY
Bryan Jung
Central Banks Caused Inflation, Debt Ceiling Deal Is ‘Total Scam,’ Reagan Economist David Stockman Says
The inflationary environment gripping the U.S. and global economies was driven by central banks worldwide distorting the economy ...
June 1, 2023
BY
Andrew Moran
and
Jan Jekielek
UK House Prices See Biggest Annual Fall Since 2009
The average UK house price saw its biggest annual fall in nearly 14 years in May, Britain’s biggest ...
June 1, 2023
BY
Alexander Zhang
Euro Steadies Near 2-month Low as Inflation Drops in Relief for ECB
LONDON—The euro steadied on Thursday near a two-month low after data showed eurozone inflation eased more than expected ...
June 1, 2023
BY
Reuters
Shares Gain on US Debt Bill Passage, Fed Pause Talk
LONDON/TOKYO—Global shares rose on Thursday amid receding bets for a U.S. rate hike this month and relief over ...
June 1, 2023
BY
Reuters
Cleveland Fed President Says There Is No ‘Compelling’ Reason to Pause Rate Hikes
Loretta Mester, president of the Federal Reserve Bank of Cleveland, said there was no "compelling" reason to wait ...
May 31, 2023
BY
Bryan Jung
Dollar Hits More Than 2-month High as European Inflation Cools
LONDON/TOKYO—The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation ...
May 31, 2023
BY
Reuters
Shares Drop Ahead of US Debt Ceiling Vote; China Data Rattles Nerves
LONDON—Global shares fell on Wednesday ahead of a crucial vote in Washington on the U.S. debt ceiling, while ...
May 31, 2023
BY
Reuters
Here’s What’s in the Debt Ceiling Deal and Who Benefits
Republican and Democratic leaders in Congress both portray the long-awaited deal to raise the nation’s debt ceiling as ...
May 30, 2023
BY
Lawrence Wilson
Robust Consumer Spending Could Be Bad News for Inflation
American consumers are proving to be more resilient than many market experts had expected in the tough economic ...
May 30, 2023
BY
Andrew Moran
UK Food Inflation Eases in May But Remains High, Says Retailers Group
Food inflation in the UK has fallen for the first time in almost two years, with experts suggesting ...
May 30, 2023
BY
Evgenia Filimianova
Yen Firms on Policymaker Meeting, Dollar up After Debt Deal
LONDON/SINGAPORE—The yen strengthened on Tuesday on news of a meeting of Japan's finance ministry and central bank, while ...
May 30, 2023
BY
Reuters
Dollar, European Stocks Steady With US Debt Deal in Focus
LONDON/SYDNEY—The U.S. dollar steadied after climbing to a two-month high and European stocks flattened on Tuesday as relief ...
May 30, 2023
BY
Reuters
Mining Billionaire Says Too Much Fossil Fuels Leading to Inflation
Mining magnate and former CEO of Fortescue Metals, Andrew Forrest, believes an overreliance on fossil fuels is to ...
May 30, 2023
BY
Nick Spencer
European Shares Lack Momentum After Debt Ceiling Deal
LONDON—European stock indexes slipped slightly on Monday, lacking momentum in thin trade while optimism about the U.S. having ...
May 29, 2023
BY
Reuters
Check the Price Tag Before Buying a Bottle of Ketchup for Your Memorial Day Barbecue
With Memorial Day approaching, Americans will be purchasing ketchup, mustard, and other condiments en masse—and inflation will play ...
May 28, 2023
BY
Jack Phillips
Opposing Advice From Australia’s RBA Governor ‘Deliberately’ Leaked to Damage Government: Minister
SYDNEY, Australia—Assistant Minister to the Prime Minister, Patrick Gorman, found it “disappointing” that an individual leaked an exchange ...
May 28, 2023
BY
Rebecca Zhu
IMF Warns US of Prolonged High Interest Rates, Urges Fiscal Tightening to Tackle Inflation
The International Monetary Fund (IMF) has emphasized the need for the United States to maintain higher interest rates ...
May 27, 2023
BY
Liam Cosgrove
US Pump Prices Surge as Drivers Prepare for Memorial Day Weekend
U.S. gas prices are on the rise as demand from drivers surges heading into Memorial Day weekend. The ...
May 27, 2023
BY
Bryan Jung
Inflation Rose in April Fueled by Jump in Consumer Spending
The Federal Reserve's preferred inflation gauge unexpectedly climbed in April, leading to concerns that the U.S. central bank ...
May 26, 2023
BY
Andrew Moran
Chancellor Backs Interest Rate Hikes Even If They Risk UK Recession
Chancellor Jeremy Hunt has backed further interest rate hikes being used to rein in inflation even if they ...
May 26, 2023
BY
Alexander Zhang
Dollar Set for 3rd Week of Gains as US Debt Talks Loom Large
LONDON—The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets raised ...
May 26, 2023
BY
Reuters
Investors Hold Their Breath as US Debt Talks Edge Towards Deal
LONDON—Global stock markets were muted on Friday, with investors holding their breath as the White House and U.S. ...
May 26, 2023
BY
Reuters
‘Huge Income Shock’ Predicted for Households on Fixed-Term Mortgage Deals
British households with fixed-term mortgage deals will feel the impact of higher interest rates when their current deals ...
May 26, 2023
BY
Evgenia Filimianova
TOP NEWS
FBI Director Agrees to Show Document Alleging Biden Bribery Scheme to House Oversight Leaders
NEW
By
Savannah Hulsey Pointer
Biden Should Read The Epoch Times’ Health Section
NEW
By
Matthew Little
Fentanyl Is Silently Killing California’s Youth as Epidemic Spreads Across America
NEW
By
Elizabeth Dowell
Robert F. Kennedy, Jr. Banned by Major Social Media Site, Campaign Pages Blocked
NEW
By
Jack Phillips
Chinese Hackers’ Attack on Key US Bases on Guam Is Part of Unrestricted Warfare: Military Expert
NEW
By
Jenny Li
and
Olivia Li
IN-DEPTH: Attorneys General, Legal Groups Supporting Parents Who Sued School Over Daughter’s Gender Transition
NEW
By
Matt McGregor
IN-DEPTH – Jan. 6 Defendants and Prisoners Raise Thousands in Donations the Government Wants to Confiscate
NEW
By
Patricia Tolson
FBI Contractor Arrested on Child Pornography Charges
1hr
By
Zachary Stieber
US Seeks Nuclear Talks with Russia, China ‘Without Preconditions’: Sullivan
1hr
By
Andrew Thornebrooke
Lifestyle: At Comfort Farms, Veterans Find Healing and Connection on an Unlikely New 'Battleground'
1hr
By
Ryan Cashman