Inflation

Commentary Financially, it’s going to be an interesting summer. At the moment mortgage rates are hitting 7 percent, median rent prices are at $1,850 per month, and the average car ...

The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, ...

The S&P 500 and Nasdaq opened slightly higher on Thursday as Treasury yields slipped after data showed weekly ...

U.S. consumer credit growth accelerated in April to the fastest pace since November 2022, according to recent data ...

LONDON/SINGAPORE—The dollar fell slightly on Thursday from near three-month highs, a day after a surprise rate hike from ...

LONDON—Borrowing costs in government bond markets rose and share markets stalled on Thursday after a surprise interest rate ...

More consolidation in the U.S. banking system wouldn't be surprising, considering the current environment in the financial sector, ...

Small-business owners are calling on Congress to address inflation by easing business regulations and taxes. They say Biden ...

OTTAWA—With its June 7 rate hike, the Bank of Canada pause lasted less than five months. In raising ...

The World Bank has slashed its 2024 economic growth forecast for the United States by half, predicting that ...

OTTAWA—The Bank of Canada’s pause on raising interest rates lasted just over four months. Canada’s central bank raised ...

LONDON—The dollar dipped on Wednesday as chances faded for a rate hike next week by the Federal Reserve, ...

LONDON—European stock markets dipped on Wednesday and the U.S. dollar nudged higher as weak Chinese trade data had ...

Deputy Opposition leader Sussan Ley said she believes the government "has given up" on trying to control inflation. ...

"For capitalism to work, you have to have effectively functioning, solid capital markets. And in order to do ...

LONDON—The Australian dollar jumped to its highest since mid-May on Tuesday after the Reserve Bank of Australia (RBA) ...

LONDON—Oil prices tumbled more than $1 a barrel on Tuesday, after a strong rally in the previous session ...

LONDON—European stocks started Tuesday mixed, as soft U.S. economic data reinforced expectations the Federal Reserve may skip an ...

Logistics companies are scrambling to meet California’s upcoming Jan. 1, 2024 mandate that all new trucks purchased for ...

The U.S. Treasury is poised to replenish its bank account at the Federal Reserve, now that the bipartisan ...

Wall Street's main indexes opened subdued on Monday after a solid rally last week, as investors assessed chances ...

SYDNEY/LONDON—Shares rose and the dollar firmed on Monday as investors bet the Federal Reserve would pause its rate ...

New May jobs printed at 339,000 on June 2, according to the Establishment Survey, well above market expectations ...

LONDON—The dollar was heading for its largest weekly fall since mid-January on Friday as the view took hold ...

LONDON/SINGAPORE—Global stocks and commodities rose on Friday while the dollar headed for its biggest weekly drop since January, ...

U.S. job openings unexpectedly rose last month, but the strong labor market numbers could lead the Federal Reserve ...

The inflationary environment gripping the U.S. and global economies was driven by central banks worldwide distorting the economy ...