January wholesale prices rise more than expected, another sign of persistent inflation
Wholesale prices rose more than expected in January, further complicating the inflation picture, according to a U.S. Department of Labor…
British retail rebound provides some hope for recession-hit economy
LONDON — Stronger-than-expected January retail sales provided a glimmer of light for the struggling British economy on Friday — and…
Retail sales tumbled 0.8% in January, much more than expected
Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday.…
Brexit Britain has ‘significantly underperformed’ other advanced economies, Goldman Sachs says
LONDON — Post-Brexit Britain has “significantly underperformed” other advanced economies since the 2016 EU referendum, according to new analysis from…
Prices rose more than expected in January as inflation won’t go away
Inflation rose more than expected in January as stubbornly high shelter prices weighed on consumers, the Labor Department reported Tuesday.…
China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows…
Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says
DUBAI, United Arab Emirates — The head of the International Monetary Fund warned the Russian economy is still facing significant…
Germany’s economy is on shaky ground and glimmers of hope are few and far between
Good news has been sparse for the German economy. And the latest economic data has not done much to change…
Inflation in December was even lower than first reported, the government says
The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched…
El-Erian, Krugman and other economists have very different opinions on China’s struggling economy
China’s economy is sputtering. Its property market is crumbling, deflationary pressures are spreading across the nation, and its stock market…
