Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S.…
European Central Bank chief economist: Must ‘take our time’ on rate cuts, clearer picture due in June
The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture…
Recession-hit Britain swings to economic growth in January, helped by construction bounce
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output…
Consumer prices rose 0.4% in February and 3.2% from a year ago
Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting…
Consumer spending rebounded in February, according to the CNBC/NRF Retail Monitor
Consumer spending bounced back in February from a January dip, with a little help from leap day. But sales still…
A key inflation reading is due out Tuesday morning. Here’s what to expect
Rising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve’s decision to take a…
Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows
Consumers increasingly doubt the Federal Reserve can achieve its inflation goals anytime soon, according to a survey Monday from the…
Trump pledges to get tough with tariffs again if elected
Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties…
Saudi oil giant Aramco posts 25% fall in full-year profit
Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1…
Unemployment fell for Black women in February as more joined the labor force
Unemployment among Black women fell in February as the number of those looking for work increased, data released Friday by…
