Breaking News: Economy

‘I see a lot of denial’: C-suite advisor says business bosses still expect a Trump win

U.S. business leaders are “in denial” about Vice President Kamala Harris’ growing lead over Republican presidential nominee Donald Trump, according to C-suite…

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department…

Wholesale inflation measure rose 0.1% in July, less than expected

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…

Three-year inflation outlook hits record low in New York Fed consumer survey

Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to…

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

The Olympic Games are causing a surge in prices, but French consumers aren’t likely to feel its pinch. Mega events…