Tag: Inflation
Tex-Mex chain On the Border files for bankruptcy protection
On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior.The chain, which is...
Stock investors had better hope these Americans keep propping up the economy
Published: March 3, 2025 at 8:15 a.m. ETU.S. Treasury Secretary Scott Bessent recently declared that the Trump administration was mainly focused on lowering the...
New JPL space mission seeks to unravel the mystery of cosmic 'inflation'
Before there was light, there was cosmic inflation.Before life, planet Earth, the first galaxies — and even before the violent explosion of...
US consumers cut spending in January more drastically than at any point in the last four years
WASHINGTON -- U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs...
UK inflation spikes to a 10-month high, likely to worry the Bank of England
LONDON -- Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish...
Fed official: Need ‘dust to clear’ before deciding next moves
WASHINGTON -- After three cuts to its key interest rate last year, Federal Reserve officials, led by Chair Jerome Powell, have signaled that...