Tag: Inflation
A top Fed official leans toward December rate cut but says it depends on economic data
WASHINGTON -- A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets...
Stock market today: Asian shares gain as China is boosted by strong factory orders
BANGKOK -- Shares started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing. Oil...
Shopping on Shein and Temu for holiday gifts? You're not the only one.
Shopping on Temu can feel like playing an arcade game. Instead of using a joystick-controlled claw to grab a toy, visitors to the...
The ruble's in a slump. For the Kremlin, that's a two-edged sword
Russia's ruble is sagging against other currencies, complicating the Kremlin's efforts to keep consumer inflation under control with one hand even as it...
Inflation rose to 2.3% in Europe. That won't stop the central bank from cutting interest rates
FRANKFURT, Germany -- Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the...
Retailers bank on Black Friday to energize bargain-hungry holiday shoppers
NEW YORK -- It's show time.After weeks of pushing early deals, retailers in the United States and some other countries are promising bigger...