Tag: economy
Israel's economy is struggling. Economists say ending the war would help
JERUSALEM -- In Jerusalem’s Old City, nearly all souvenir shops are closed. In Haifa’s flea market, forlorn merchants polish their wares on empty...
Takeaways from Fed Chair Powell's speech at Jackson Hole
WASHINGTON -- Federal Reserve Chair Jerome Powell all but proclaimed victory in the fight against inflation and signaled that interest rate cuts are...
Argentine Senate passes pension spending increase in a blow to President Milei's radical austerity
BUENOS AIRES, Argentina -- Argentina's Senate defied President Javier Milei on Thursday to push through an increase to pension spending that would cost...
Japan records trade deficit as surging global prices pushes imports higher
TOKYO -- Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government...
Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
WASHINGTON -- Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market...
Asian stocks are mixed after Wall Street's best week of the year
Asian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street's best week since November with...