Tag: Inflation
Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street
TOKYO -- Asian shares were trading higher Monday amid optimism over the rally that ended the week on Wall Street, although eyes were...
Long lines form and frustration grows as Cuba runs short of cash
HAVANA -- Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM,...
How major US stock indexes fared Friday, 4/26/2024
Alphabet and Microsoft led the U.S. stock market to its first winning week in the last four and its biggest weekly gain since...
Surging auto insurance rates squeeze drivers, fuel inflation
NEW YORK -- Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation.Auto insurance rates rose 2.6% in March and are...
JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing
NEW YORK -- JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as...
Fed's preferred inflation gauge shows price pressures stayed elevated last month
WASHINGTON -- A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to...