Economy

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…

UK economy flatlines again in July, below expectations

LONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office…

Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai

DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…

Harris says Trump ‘sold us out on China’: Highlights from the presidential debate on trade and tariffs

Donald Trump and Kamala Harris clashed on China policy during the presidential debate hosted by ABC News on Tuesday night…

Two key inflation reports this week will help decide the size of the Fed’s interest rate cut

The Federal Reserve gets its last look this week at inflation readings before it will determine the size of a…

Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris…

Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table

JPMorgan Chase CEO Jamie Dimon said Tuesday he wouldn’t rule out stagflation, even with greater confidence recently that inflation is…