Breaking News: Economy

Consumer prices rose 3.5% from a year ago in March, more than expected

The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further…

Small business optimism hits 11-year low as inflation fears won’t go away

Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is…

EU’s von der Leyen echoes Yellen’s calls for tough stance on Chinese overcapacity

European Commission chief Ursula von der Leyen on Tuesday said that Europe must talk tough with China on its perceived…

Americans converge on the path of totality to experience the solar eclipse

Today marks a total solar eclipse that is expected to cross the United States as millions of Americans try to…

Yellen says she won’t rule out possible tariffs on China’s green exports

U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China’s…

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Federal Reserve Governor Michelle Bowman said Friday that it’s possible interest rates may have to move higher to control inflation,…