Today: October 13, 2026
Today: October 13, 2026

inflation

Arts|Business|Economy|Finance|Technology|World

Dollar flat as US-Iran stand-off lifts oil, yields

The dollar was flat against major currencies on Monday, as the continued stand-off between the US and Iran pushed oil prices

Arts|Business|Economy|Science|Technology

Fed's Cook sees further inflationary pressures ahead 

Federal Reserve Governor Lisa Cook said on Monday she expects continued inflationary pressure in coming months stemming from AI-related demand and higher oil

Business|Economy

Stocks fall as higher oil prices, Treasury yields weigh

US stocks fell on Monday as oil prices and Treasury yields increased, with investors weighing uncertainty over the prospects for

Business|Economy|Europe|Finance|Stock Markets|World

Wall St opens lower as oil spikes after Trump rejects Iran peace proposal

Wall Street opened lower on Monday after President Donald Trump rejected an Iranian proposal to end the conflict, leading to a spike in crude prices, which revived inflation

Business|Finance

UK long-run inflation expectations near 15-month high in September, Citi/YouGov survey shows

Long-term public inflation expectations in Britain came close to their highest level in more than a year in September, adding to pressure on the Bank of England as it

Arts|Economy|Election|Finance

In GOP Speaker Mike Johnson's district, the political mood is mixed for the party in power

Legislation the GOP called its “Big Beautiful Bill” is rolling out different ways in Speaker Mike Johnson’s home district

Arts|Economy|Technology

Why the AI boom makes inflation harder to tame

Why the AI boom makes inflation harder to tame

Business|Economy|Travel

High airfares could stick around even if jet fuel prices fall

Travelers could be stuck paying high airfares even if oil and jet fuel prices fall

Business|Economy|Finance|World

Japan's corporate services inflation hits 2-year high

A key gauge of Japan's service-sector inflation rose in August at the fastest annual pace in more than two years, data showed on Monday, highlighting mounting price

Arts|Business|Economy|Finance|Stock Markets|US|World

Wall Street week ahead: consumer confidence, inflation, employment updates

Wall Street has a busy week ahead with important updates on inflation, the jobs market and consumer confidence

Business|Economy|Finance

Fed's Hammack worried inflation expectations could deteriorate

By Michael S.

Business|Finance

Fed's Hammack says bond yield surge not about lost inflation confidence

Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that surging bond yields are not being pushed up by inflation fears.

Business|Economy|Election|Political

Hurt by Trump, Senate Republicans plan to bolster affordability credentials before midterms

US Senate Republicans aim to improve their election prospects by voting on

Business|Economy|Finance

Americans still feel worse about the economy than at almost any point in modern history

Americans still feel worse about the economy than at almost any point in modern history

Business|Economy|Finance

Japan says Trump voiced concern over weak yen in summit with PM Takaichi

US President Donald Trump raised concerns about yen weakness at a summit with Japanese Prime Minister Sanae Takaichi, Japan's Finance Minister Satsuki

Business|Finance

Brazil mid-September inflation exceeds forecasts ahead of tight election

Brazil's mid-September inflation accelerated more than expected, official data showed on Friday, adding to concerns about persistent price pressures as voters head into

Arts|Business|Economy|Finance|Stock Markets|US

Jobs report, inflation data to test US rate path, economic strength

Investors will sift through reports on employment and inflation in the coming week to assess chances of a sharper trajectory of interest rate hikes,

Arts|Economy|Finance|Technology

Bonds steal the show

Geopolitics initially took center stage this week, as the United Nations General Assembly kicked off and Chinese President Xi Jinping headed to Washington, but

Business|Economy|Finance|Political

BoE's Bailey says high energy prices make it harder to leave rates on hold

Bank of England Governor Andrew Bailey said on Friday that persistently high energy prices would make it harder for the central bank to leave interest rates on hold, underlining a

Arts|Economy|Environment|Finance|MidEast|Science|US

Trump wants to take a page out of the Biden energy playbook

Trump wants to take a page out of the Biden energy playbook

Business|Economy|Europe|Finance

German consumer confidence slumps as energy costs bite

German consumer sentiment weakened more sharply than expected heading into October, as rising energy prices soured households' income outlook, a survey showed on Friday.

Arts|Economy|Europe|Finance|MidEast|Science|Stock Markets|Technology|US

Trading Day: Rout of control

The global bond rout continued on Thursday, pushing many key yields around the world to new multi-decade highs.

Business|Economy

Argentina economic activity dips 1.4% in July

Argentina's economic activity fell 1.4% in July compared with the same month a year earlier, data from the country's official national statistics agency showed on

Business|Economy|Finance|World

Bank of Mexico holds interest rate, drops signal of prolonged pause

The Bank of Mexico on Thursday held its benchmark interest rate steady at 6.50% as expected, though it dropped guidance that explicitly suggested policymakers would

Business|Economy|Finance

Costco tops estimates as discount gas, bulk deals draw inflation-weary shoppers

By Angela Christy M and Nicholas P.

Economy|Finance

Global bond sell-off deepens, sending borrowing costs higher around the world

Global bond sell-off deepens, sending borrowing costs higher around the world

Business|Economy|Finance|Stock Markets

A shaky day for oil prices and the bond market leaves US stocks not far from where they started

Stocks ended a shaky day of trading on Wall Street roughly where they began following a couple sudden reversals

Business|Economy|Finance|Stock Markets|US

US current account deficit widens sharply in second quarter

The US current account deficit widened sharply in the second quarter amid a surge in imports of goods, government data showed on Thursday.

Business|Economy|Finance

Fed's Hammack warns inflation pressures remain tilted to upside

By Michael S.

Arts|Economy

Fed officials see rates likely rising to curb high inflation

The U.S. central bank will likely need to raise interest rates again to curb unacceptably high inflation, two Federal Reserve policymakers said on Thursday.

Business|Economy|Europe|Finance

BoE's Breeden: 'Increasingly appropriate' for rates to respond to rising inflation

Bank of England Deputy Governor Sarah Breeden said on Thursday that it would be "increasingly appropriate" to respond to growing inflation risks by raising interest rates.

Business|Economy|Finance|Stock Markets|US|World

Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations

The dollar hit a fresh two-month high on Thursday as Treasury yields rose and expectations of further Federal Reserve interest rate hikes

Finance

Oil jump sends 30-year yields to two-decade high

Bond markets came under renewed pressure on Thursday with US 30-year bond yields hitting a more than 20-year high as rising oil prices reignited

Economy|Finance

Bank of England rate setters warn of 'sparks in the tinderbox'

Two senior Bank of England interest rate-setters suggested on Thursday that they were getting closer to voting for an increase in borrowing

Arts|Economy|Finance|MidEast|Stock Markets|US

Global bond selloff rolls on, US 30-year yield at highest since 2004

US long-dated Treasury yields rose to their highest in more than 20 years on Thursday, extending a

Business|Economy|Finance

Mortgage rates top 7%, dealing a further blow to the frozen housing market

Mortgage rates top 7%, dealing a further blow to the frozen housing market

Arts|Business|Economy|Finance|Stock Markets|World

How the world's biggest bond managers are investing in a tumultuous market

A tumultuous ride for bonds this year has left Vanguard's senior bond fund manager Arvind Narayan with one unequivocal message: "This is

Arts|Business|Economy|Education|Finance|Science|Technology|World

Fed again hoping for a pain-free landing from current inflation spike

US Federal Reserve officials, who have begun hiking interest rates to tame high inflation, believe they can do so

Business|Economy|Finance|Stock Markets|World

Bonds bomb

Just as some investors were wondering whether it was time to return to battered bond markets, Wednesday's fresh rout offered a clear answer: not yet.

Arts|Economy

Poverty rate tests Argentina's Milei ahead of election

Overflowing soup kitchens, a resurgence of cash-free barter clubs and families taking out short-term loans for groceries are highlighting growing social strains in

Business|Economy|Europe

German institutes lift growth forecasts, business morale rises

Germany's leading economic institutes raised their growth forecasts for this year and next, while business morale rose more than expected in September,

Business|Economy|Europe|Finance

BoE's Lombardelli sees rates rising if energy prices stay high

Bank of England Deputy Governor Clare Lombardelli said on Thursday that interest rates will likely have to rise if energy prices stay elevated, unless there is clear evidence of a

Business|Finance

Fed's Williams says it is reasonable to see another US rate hike this year

New York Federal Reserve President John Williams said on Thursday it was reasonable to think that the U.S. central bank might need to raise interest rates

Business|Economy|Finance|World

BOJ could raise rates every quarter, ex-policymaker says

The Bank of Japan is expected to raise interest rates roughly once every three months and push them up to 2% by around June next year to

Business|Finance

Bond market selloff rumbles on ahead of Trump and XI talks

World financial markets remained on edge on Thursday after concerns about the Iran war and inflation pain had triggered the sharpest

Australia|Business|Economy

Australia housing runs out of rescuers as RBA is set to hike rates

For decades, whenever house prices in Australia fell, the central bank rode to the rescue with rate cuts to shore up economic demand and keep households

Arts|Business|Economy|Environment|Finance|Stock Markets

Australian shares trim declines after jobless rate tops forecasts

Australian shares pared early losses on Thursday after data showed the unemployment rate rose more than expected, though investors continued to price in the risk of a hawkish move

Business|Economy

Australia's jobless rate hits five-year high, RBA hike still seen

Australia's jobless rate unexpectedly rose to a five-year high in August even as employment enjoyed a solid rebound, a mixed report that left

Business|Finance|World

Trading Day: US yields cross 5% threshold​

US bond yields soared on Wednesday, in many cases to the highest since 2007, and expectations of an interest rate hike next month surged, after

Economy|Europe|Interview

ECB not seeing any big wage response to surging inflation

The European Central Bank is not seeing significant wage pressures in response to this year's energy-driven inflation surge, the bank's chief economist said on

Business|Economy|Finance|World

10-year Treasury yield hits 5.1% for first time in 19 years

10-year Treasury yield hits 5.1% for first time in 19 years

Business|Economy|Food

Aldi cuts U.S. grocery prices for fall season amid inflation, competition pressure

Private discount grocer Aldi said on Wednesday it would lower prices on a range of grocery items in the U.S. this fall, a move the company estimates will save shoppers about $86

Business|Economy

US business activity at more than five-year high; inflation pressures building

US business activity raced to a more than five-year high in September, fueled by a surge in new orders, though strong demand strained supply chains and pushed prices

Arts|Economy|Finance|World

US 30-year mortgage rate tops 7%, hits 2-year high

The rate on the most popular US home loan rose last week to its highest in more than two years and pierced the 7% level for the first time since the first week of

Arts|Finance

There's a reason Trump is the only one talking about 1% interest rates

As a lifelong real estate investor whose businesses relied on debt and interest rates, President Donald Trump might be expected to

Uncategorized

Brazil central banker says predictable rate moves best response to uncertainty

Brazil's central bank monetary policy director Nilton David said on Wednesday that the best response to the current uncertainty was to pursue smooth and predictable

Business|Economy|Stock Markets

Speechifying

It was all about oil again over the past 24 hours, with prices swooning as the speechifying and backroom meetings at the United Nations' annual gathering unfolded.

Economy

German state election losses risk snarling Merz's reform agenda

Chancellor Friedrich Merz may have survived the triumph of the far right in this month's state elections in eastern Germany and Berlin but the shock to

Business|Economy|Finance|Stock Markets

General Mills beats quarterly results estimates on resilient demand for pantry staples

General Mills beat first-quarter sales and profit estimates on Wednesday and reaffirmed its annual forecast, as price increases and resilient demand for at-

Business|Economy|Finance|Stock Markets

BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns

Bank of America Global Research became the latest brokerage to expect the Bank of England to raise interest rates twice over the next six months, as higher energy prices raise the

Arts|Economy|Environment|Technology

Corporate finance chiefs lift inflation outlook, cite rates as concern - Fed survey

Company chief financial officers expect higher inflation this year and next, and have begun to cite rising interest rates as a top concern,

Political|World

Pakistan tightens security ahead of march planned by Imran Khan's party

Pakistan curbed access on Wednesday to its capital, Islamabad, ahead of a march planned by supporters of jailed former Prime Minister Imran Khan,

Business|Economy|Europe

Europe's economy surprisingly resilient amid war-driven energy shock, surveys show

Europe's economy is showing unexpected signs of health even as conflicts in the Middle East and Ukraine drive up energy costs for firms and households,

Economy|Finance|Technology|World

OECD expects AI boom to help offset Middle East energy shock for now

AI-led investment is helping the global economy hold up marginally better than expected this year, but the energy shock is becoming more entrenched, weighing

Business|Economy

India business activity rebounds in September to 3-month high, PMI shows

India's business growth accelerated in September on stronger demand in both manufacturing and services, a preliminary survey showed, though weaker export momentum and

Business|Economy|Finance|World

Sri Lanka economy resilient but risks remain tilted to downside, IMF says

The International Monetary Fund said on Wednesday that Sri Lanka's economy continues to show resilience amid successive shocks but is still facing risks tilted to the downside, as

Business|Economy|Environment|World

US diesel exports ban would hurt global fuel markets, analysts say

A US diesel export ban could become a self-defeating exercise that would do little to ease high US fuel

Business|Economy|Finance|World

UK employers' pay awards cool to 3%, Brightmine data shows

Pay settlements by British employers have cooled, adding to signs of a softer labour market as businesses said they faced higher employment costs and tighter budgets, a survey

Economy|Health|Political

Trump administration to remove 760,000 Affordable Care Act enrollees over fraud claims

Vice President JD Vance and White House officials are announcing plans to remove 760,000 Affordable Care Act enrollees from public healthcare exchanges

Business|Economy|Finance|Science|Technology

Fed's Barkin says economy may be firming, inflation not limited to energy, tariff shocks

US economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping

Economy|Finance

Fed's Collins says she supported rate hike, warns of elevated inflation risks

By Michael S.

Business|Economy|Finance

Australia's central bank says inflation risks may be materialising

Australia's top central banker said on Tuesday that upside risks to inflation may be materialising given energy prices have stayed high and there continued to be excess

Economy|Europe|Finance

ECB's Lane sees inflation returning to target from mid-2027-paper

An energy shock pushing up oil and gas prices is likely to last longer than the European Central Bank had anticipated in March, with geopolitical risks now looking elevated

Arts|Business|Economy|Europe|Fashion and Beauty|MidEast

The show must go on: struggling luxury brands seek catwalk boost in Milan and Paris

Glitzy runway shows by the world’s biggest fashion brands in Milan and Paris mask a worrying picture for luxury executives behind the

Asia|Business|Economy|Fashion and Beauty|Finance|Stock Markets|World

How a Bangladeshi garment-maker is fighting the Middle East energy crunch 

A gas and power crisis has hit production at most Bangladeshi garment makers, but at 4A Yarn Dyeing, a supplier to Walmart, Gap and

Economy|Finance

New Zealand central bank chief sees risks to economy, inflation

New Zealand's top central banker said on Tuesday if recent gains in oil prices persist it would lead to "somewhat" higher inflation than previously forecast, adding that

Asia|Business|Economy|Finance|World

Bank of Korea to assess inflation, growth for rate hikes, board member says

A board member of the Bank of Korea said on Tuesday the central bank will determine the timing and pace of further interest rate hikes by closely assessing inflation,

Business|Economy|Finance

Trading Day: AI euphoria back with a bang

Stocks roared higher on Monday, with the Nasdaq coming within 0.02% of June's record high, as the bullish AI narrative burst back into life,

Uncategorized

Trump approval falls to record low of 32% as high costs bite, Reuters/Ipsos poll finds

President Donald Trump's approval rating fell to 32% - the lowest of his political career - as his fellow Republicans soured on his handling of the cost

Business|Economy|Political

Federal Reserve official says inflation persistence led her to support interest rate hike

A top Federal Reserve official says that stubbornly high inflation and the renewal of combat in the Middle East in August were key reasons she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year

Business|Economy|Finance|World

Wall Street rallies within 0.4% of its record after oil prices and bond yields ease

Wall Street climbed to the edge of its all-time high, and stocks rallied worldwide after oil prices and yields in the bond market surrendered their market-rattling gains from last week

Uncategorized

Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat

The Nasdaq surged to a record-high close on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury

Interview

Fed's Musalem says more rate hikes likely needed to quell inflation

The Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand as well as a commodity price

Arts

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason

Business|Economy|Finance|Political

Fed's Goolsbee says strong demand may be adding to US inflation

US inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and is now being driven by strong demand as well,

Business|Economy|Finance

Brazil economists cut end-2026 interest rate forecast to 13.50%

Private-sector economists polled weekly by Brazil's central bank lowered their estimate for the country's benchmark interest rate at the end of 2026, now expecting one

Arts|Economy|Entertainment|Europe|Interview|MidEast|Opinion|Science|Technology

Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Business|Economy|Finance|Technology

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say

Arts|Business|Economy|Election|Entertainment|Finance

Rising gas prices frustrate voters. Trump says it's an 'inexpensive price to pay' for the Iran war

Voters across the nation say skyrocketing gas prices are causing financial hardships for their families

Arts|Finance|Food|World

In Chile, even beloved hot dogs feel the economic squeeze

Chileans are feeling the pinch as the cost of living rises, impacting even affordable foods like the completo, the country's version of the hot dog

Economy|Health|World

Trump’s sanctions, inflation and a collapsing economy leaves Iran’s sick exposed

Trump’s sanctions, inflation and a collapsing economy leaves Iran’s sick exposed

Economy|Political|World

Bolivia approves $1.9 billion IMF deal, eliminates diesel subsidies

Bolivia’s conservative government has won congressional backing for an international loan and moved to end diesel subsidies, risking political backlash

Asia|Business|Economy|Finance|Stock Markets

Wall Street drifts lower as bond yields rise and oil prices swing

Wall Street closed out an up-and-down week with a mixed finish for U.S. indexes as bond yields rose and oil prices swung

Business|Economy|Finance

S&P 500, Nasdaq advance, turning the page on a tumultuous week

Wall Street closed a volatile week on a muted note on Friday as benchmark US Treasury yields topped 5%, while crude prices reversed

Business|Economy|Finance|World

Global shares edge higher as central banks double down on inflation fight

An index of global equity markets edged higher on Friday, as losses in Europe were partly offset by late gains on Wall Street,

Asia|Business|Europe|Finance

Dollar advances vs yen as BOJ dissent clouds rate-hike outlook

The dollar jumped against the yen on Friday after two policymakers at the Bank of Japan dissented from a widely expected decision

Arts|Business|Economy|Interview|Lifestyle|Opinion

Tell us: Have you changed jobs recently? Did you have to take a pay cut?

Tell us: Have you changed jobs recently? Did you have to take a pay cut?

Arts|Economy|Europe|Finance|MidEast

Global rate-hike cycle in view as central banks take on inflation

The prospect of a new global interest rate-tightening cycle is coming into view as some of the world's top central banks raise rates and signal more

Economy|Europe|Political

Italy's debt burden rising at alarming rate, economy minister says

The cost of servicing Italy's public debt is rising at "an alarming rate" in the wake of geopolitical tensions, Economy Minister Giancarlo Giorgetti said on

Arts|Economy|Environment

Record US diesel prices squeeze farmers; food prices may rise

In northeast Missouri, Addie Yoder, a corn, soybean and cattle farmer, runs two combines, three semi-trucks and

Business|Economy|Finance|Stock Markets|US

Investors buy US stocks at fastest pace in three months, BofA says

Investors poured money into US stocks at the fastest pace in three months and yanked cash from corporate bonds in the latest week, according to a Bank of America Global

Business|Economy|Science|Technology

Apocalypse later

Warnings of machine-driven human extinction kicked off the week, but the market's attention quickly turned to more prosaic matters, namely Middle East energy

Business|Economy|Finance|World

China set to keep loan rates steady for 16th consecutive month in September

China is widely expected to leave benchmark lending rates steady for a 16th consecutive month in September, a Reuters survey showed, as policymakers remain cautious about

Business|Economy|Finance|World

BOJ Governor Ueda's comments at news conference

The Bank of Japan raised interest rates to a 31-year high on Friday and signalled its readiness to keep pushing up borrowing costs, joining other major central banks in fighting

Business|Economy|Finance|World

Barclays, UBS back BoE hikes as inflation risks mount

Barclays and UBS Global Research expect the Bank of England to hike interest rates as soon as November, saying rising inflation risks point to a quicker resumption of

Business|Economy|Finance|World

Rising oil, rates and yields brew up stagflation cocktail for markets

The surge in energy and global borrowing costs as a result of

Business|Economy|Finance

BOJ struggling to keep pace with hiking partners

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its

Economy|Europe|Finance|Interview|MidEast|Stock Markets|US

ECB's Vujcic cools oil-fuelled bets on rate hikes

Market bets on further European Central Bank rate hikes are being driven largely by higher energy prices but policymakers will look at a much wider

Arts|Business|Economy|Finance|MidEast|World

Moody's raises India fiscal 2027 GDP growth forecast to 7% on Middle East resilience

Credit ratings agency Moody's on Friday raised India's real GDP growth forecast to 7% from 6% for the current fiscal, citing its resilience amid the Middle East conflict.

Arts

Japan's central bank raises benchmark interest rate to 1.25%

Japan’s central bank has raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high

Business|Economy|Finance

Australia's central bank chief warns inflation risks materialising

Australia's top central banker said on Friday some of the upside risks to inflation flagged by policymakers appeared to be

Business|Economy|Finance|Stock Markets

Trading Day: Lower oil, yields boost stocks  

World stocks paused their recent slide and rebounded strongly on Thursday, and the global bond rout also took a breather, as investors digested

Arts|Business|Economy|Finance|Stock Markets|US

US stocks rally to their best day in 6 weeks after oil prices and bond yields ease

The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased

Uncategorized

Iran war pushes diesel – the economy’s lifeblood – to record high prices, with no relief on the horizon

The country, and the world, have been losing diesel refining capacity for many years and can’t just ramp up production to fill the shortages.

Business|Economy|Finance|Stock Markets

Tech leads Wall St to higher close as oil eases, Treasury yields dip

Wall Street bounced back on Thursday as easing oil prices, dropping US Treasury yields and solid labor data helped markets move

Business|Economy|Finance|Stock Markets|US

World stocks rebound, Treasury yields retreat after Fed, BoE decisions

Global shares rose and Treasury yields fell on Thursday following the US Federal Reserve's interest-rate increase and what is expected to be a similar

Business|Economy|Finance|World

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged

Economy|Finance

Mortgage rates climb for fourth-straight week to hit highest level since Trump took office

Mortgage rates climb for fourth-straight week to hit highest level since Trump took office

Business|Economy|Finance

Major central banks on tightening path amid energy price shock

Major central banks are on a tightening path, with the Federal Reserve recalibrating its policy to a more restrictive stance on Wednesday,

Arts|Economy|Entertainment|Finance|World

Dollar pauses after Fed rally as yields, oil retreat

The US dollar eased against the euro on Thursday, a day after logging its biggest jump in three months against the common currency after the Federal

Business|Economy

US labor market on solid footing; rising mortgages pressuring housing sector

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, though the decline was likely exaggerated by the

Business|Economy|Finance

Dollar pressure weighs on LatAm FX; regional stocks edge higher

Most Latin American currencies traded lower on Thursday against the U.S. dollar near multi-week highs, while stocks were mostly higher, with domestic political

Arts|Business|Europe|Finance|Interview

ECB's Rehn sees no second-round inflation, backs joint debt for defence

European Central Bank policymaker Olli Rehn said on Thursday there were no clear signs of second-round inflation effects in the euro zone and backed the use of jointly-

Business|Economy

Bank of England policymakers set out views on rates outlook

The Bank of England left interest rates on hold at 3.75% on Thursday after a 6-3 vote among the members of its Monetary Policy Committee.

Arts|Economy|Europe|Finance|MidEast

BoE's Bailey says outlook too uncertain to judge market bets on four rate hikes

Bank of England Governor Andrew Bailey said on Thursday the outlook was too unpredictable when asked whether markets were right to price in almost four interest rate hikes

Arts|Business|Economy|Finance|Stock Markets|Technology|US

Wall St opens higher as easing oil prices boost Fed hike relief

The major US stock indexes opened higher on Thursday as retreating oil prices boosted sentiment, with the Federal Reserve's first rate hike under Chair Kevin Warsh reassuring

Arts

A timely hike

Stocks edged up early on Thursday as investors digested the Federal Reserve's first interest rate hike in three years.

Business|Economy|Finance

Bank of England holds rates but appears ready to hike soon

The Bank of England is keeping the U.K.’s main interest rate unchanged at 3.75% even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices

Arts|Business|Economy|Entertainment|Finance

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7%

Business|Economy|Finance|Stock Markets

FTSE indexes gain after BoE holds rates steady, pauses gilt sales

The main UK indexes rose to their highest in over a week on Thursday after the Bank of England kept interest rates unchanged as expected, and said it would halt sales of long-dated

Arts|Economy|Entertainment|Finance|Lifestyle

Fed builds credibility, but hawkish turn leaves investors edgy

Investors are gaining more confidence in the Federal Reserve's inflation-fighting backbone, but uncertainty

Business|Economy|Finance

Dollar's allure, oil surge fan bearish bets on emerging Asian currencies: Reuters poll

Bearish sentiment towards most emerging Asian currencies deepened, a Reuters poll showed on Thursday, as investors contended with the twin headwinds of escalating

Business|Economy|Finance

South Africa's consumer confidence rises despite economic uncertainty, survey shows

South Africa's consumer confidence improved in the third quarter, a survey showed on Thursday, although consumer spending is expected to remain subdued in the coming months due to

Business|Economy|Finance|World

IMF says Australia may need further interest rate rises to tame inflation

The International Monetary Fund (IMF) said on Thursday that Australia's central bank may need to raise interest rates further, with inflation expected to remain elevated

Economy|US

Bank of England to hold rates but energy shock stirs talk of a hike

The Bank of England looks set to keep interest rates on hold on Thursday but investors are watching for any hint that surging energy prices could

Business|Economy|Finance|Political|Stock Markets|US

Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut

President Donald Trump is blasting Federal Reserve governors after the board raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation

Business|Economy|Finance

Fed's Warsh lays out forces driving up bond yields

Federal Reserve Chairman Kevin Warsh suggested on Wednesday that among the forces pushing up bond yields, a loss in confidence in the central bank's inflation fight

Business|Economy|Finance

Trading Day: Lift off!

The U.S.

Business|Economy|Finance

Brazil central bank delivers fifth straight rate cut, leaves next move open

Brazil's central bank on Wednesday cut interest rates by 25 basis points for a fifth straight meeting amid firmer signs of an economic slowdown while

Economy|Political|US

Trump lashes out at Fed after Warsh backs rate hike

US President Donald Trump on Wednesday leveled his most pointed — though still indirect — criticism yet at his hand-picked Federal Reserve chief, fuming

Business|Economy|Finance

What Kevin Warsh said about the Fed’s first rate hike since 2023

What Kevin Warsh said about the Fed’s first rate hike since 2023

Business|Economy|Finance

What do higher rates mean for borrowers and savers?

The U.S. Federal Reserve nudged interest rates higher by a quarter of a percentage point on Wednesday, the first rate hike in more than three years.

Business|Economy|Finance|US

Warsh says US economy has strengthened, inflation is the problem

Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. economy has strengthened since Fed policymakers last met in June, with a labor market essentially running at

Business|Economy|Finance

Major US banks raise prime rate after first Fed rate hike since 2023

Top U.S. banks raised their prime lending rate on Wednesday after the Federal Reserve lifted its benchmark interest rate, a move that would increase borrowing costs for consumers

Business|Economy

Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead

The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, with new U.S. central bank chief Kevin Warsh

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Amazon increases minimum starting hourly wage for full-time core operations employees

Online behemoth Amazon said it’s increasing the minimum starting hourly wage for its U.S. full-time core operations employees to $20 ahead of the holiday shopping season

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US stocks slip after the Fed hikes interest rates and hints more increases may be on the way

U.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control

Business|Economy|Finance

US consumers and businesses are now facing a future of more expensive borrowing

The Federal Reserve’s rate hike comes as the US economy is increasingly moving at two very different speeds.

Business|Economy|Political

Warsh says Fed focus to stay on inflation, underlying trends have not meaningfully improved

The Federal Reserve's predominant focus will remain on controlling inflation, Fed Chairman Kevin Warsh said on Wednesday after the U.S. central bank raised rates.

Business|Economy|Finance

Instant View: Stocks pull back after Fed raises rates, points to another hike this year

 The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new US central bank chief Kevin Warsh

Business|Economy|Finance

Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice

The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers

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Robust US retail sales underscore economy's resilience, inflation pressures building

U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars,

Business|Economy|Finance

US import prices jump in August on strength in capital, consumer goods

U.S. import prices surged in August amid solid increases in the costs of capital and consumer goods, suggesting inflation could rise further in the coming months.

Business|Economy|Finance

US homebuilder sentiment drops to 12-month low in September

U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on Wednesday.

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Dollarama raises annual sales forecast in Canada as cost-conscious shoppers trade down

Canada's Dollarama raised annual comparable sales growth forecast on Wednesday, as shoppers opt for its cheaper everyday products while contending with higher

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Brazil's July activity falls more than expected ahead of rate decision

Economic activity in Brazil fell by a seasonally adjusted 0.2% in July from the previous month, a central bank index showed on Wednesday, compared with expectations for

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UK PM Burnham says he will take tough decisions to keep economy on track

British Prime Minister Andy Burnham said he is ready to take the difficult decisions required to ensure the UK economy remains on track, after data on Wednesday showed a

Business|Economy|Finance

Warsh's words may matter more than the anticipated Fed rate hike

The Federal Reserve is expected on Wednesday to hike interest rates for the first time since 2023, a decision driven by stubbornly high inflation

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A time to hike?

An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.

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Bond market woes likely a factor for Fed, but intervention seen as unlikely

By Michael S.

Business|Finance

UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year

Inflation in the United Kingdom has risen to a five-month high, an increase that will pressure the Bank of England to hike interest rates again over coming months

Business|Economy|Europe|Finance|Stock Markets

European shares rise as oil pauses ahead of Fed rate decision

European shares edged up from the previous session's three-month low on Wednesday as a pause in the oil price rally lifted risk appetite ahead

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Major brokerages' forecasts for S&P 500 index in 2026

Global brokerages expect the benchmark S&P 500 index to extend its rally in 2026, betting on AI momentum and strong corporate earnings, while the war in Iran continues to weigh on

Economy

Warsh on collision course with Trump administration

A look at the day ahead in European and global markets from Gregor Stuart Hunter Federal Reserve Chair Kevin Warsh is likely to come out of Wednesday's policy decision bruised one way or another.

Business|Finance

UK inflation hits 3.1% but data offers some relief for BoE

British inflation accelerated to a five-month high of 3.1% in August, but measures excluding surging energy prices held stable, official

Arts|Asia|Economy|Finance

BOJ set to raise interest rates to 31-year high as inflation risks loom

The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major

Economy|World

Japan records a trade deficit for 4th month as oil imports soar

Japan’s trade deficit totaled $7 billion last month, as surging oil prices sent the cost of imports soaring

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Japan August imports jump as oil prices lift costs, exports stay firm

Japan posted its largest increase in imports in nearly four years in August as higher oil prices lifted energy costs, while exports rose for a 12th month

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10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision

10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision

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Government bond yields rise, oil gains again as stocks dip

U.S.

Economy

Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says

The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan

Economy|Finance|Stock Markets|Technology|US

Wall Street ends lower as oil spikes and the benchmark Treasury yield breaches 5%

Wall Street extended its selloff on Tuesday, as rising U.S.

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Iran war expected to cause a spike in US inflation, according to budget watchdog

Iran war expected to cause a spike in US inflation, according to budget watchdog

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Iran war has cost the US more than $38B, budget office says

The war against Iran has cost the U.S. more than $38 billion through Aug. 1 and will continue to cost up to $3 billion a month or more