ECB Signals Rate Hike as Soon as July to Combat Inflation
European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July
Economy
US Inflation Peaks But Disappoints Markets
US stocks slid Wednesday following data that showed a slowdown in inflation, but less than
US Inflation Slowed in April But Prices for Many Goods Rising
US inflation slowed in April, according to new data Wednesday, but Americans continue to see their wallets
The Dollar’s Increase Against Other Currencies
Although one might not expect such a development, given the policies aggressively pursued during
From Recession to Inflation, How the US Fed Has Dealt With Crises
The US Federal Reserve has strongly signaled it will raise interest rates by half a percentage point this week
Asia Facing ‘Stagflationary Outlook’ Amid Ukraine War
Asian nations, like the rest of the world, are being battered by countervailing forces such as the war in
Facebook Out to Overturn British Ruling on Giphy Merger
Facebook’s owner Meta will Monday seek to overturn a legal ruling by Britain’s competition authority
Up to 40% of Brits Face Fuel Poverty in Winter
Online News Economy Spiking electricity and gas prices could force as many as four in ten Britons into fuel poverty next winter and the government must offer more help, the sector warned Tuesday. Online News Bosses of major UK domestic energy providers, appearing before lawmakers, urged the government to cushion the impact and prevent “horrific” …
China Economy Accelerates in Q1 But Virus Stalks Outlook
China’s economic growth accelerated in the first quarter of the year to 4.8 percent, official data
US Banks See Upheaval From Fed Shift, Russia Challenging Economy
Large US banks released a mixed deluge of earnings Thursday, pointing to the continued