Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to…
Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head
The recent surge in immigration into the U.S. is helping to bolster the economy despite a raft of global challenges,…
Falling fertility rates pose major challenges for the global economy, report finds
Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for…
Treasury chief Yellen defends Biden budget against Republican senators’ fears of tax increases
WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s 2025 fiscal budget proposal as Republican senators said they…
Treasury chief Yellen defends Biden budget against Republican senators’ fears of tax increases
WASHINGTON — Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s 2025 fiscal budget proposal as Republican senators said they…
Switzerland becomes first major economy to cut interest rates in surprise move
The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…
China kicks off the year on strong note as retail, industrial data tops expectations
BEIJING — China’s economic data for the first two months of the year beat analysts’ expectations across the board on…
Shareholder payouts hit a record $1.7 trillion last year as bank profits surged
LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by…
Voters blame businesses more than Biden for sticky inflation
President Joe Biden is starting to win the inflation blame game against corporations. A recent Financial Times-Michigan Ross online poll…
