Economy

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…

Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate…

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its…

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.…