Tag: Inflation
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
WASHINGTON -- WASHINGTON (AP) — Donald Trump has big plans for the economy — and a big debt problem that will be a...
What to know about Scott Bessent, Trump's pick for treasury secretary
WASHINGTON -- WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve...
Next week: Bath & Body Works, consumer confidence, Fed meeting minutes
A look at some of the key business events and economic indicators upcoming next week.Retailer Bath & Body Works offers up its latest...
US applications for jobless benefits fall to 213,000, remaining near 7-month lows
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows.The Labor Department reported Thursday that jobless claim...
Target struggles in the third quarter despite price cuts
NEW YORK -- Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on...
Higher energy bills push UK inflation to 6-month high in October
LONDON -- Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters at...