Economy

Trump could drive inflation higher with his second-term economic agenda, analysts say

Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he…

Here’s everything to expect from the Fed meeting that will move markets on Wednesday

Faced with stubborn inflation that has raised concerns about where policy is headed, the Federal Reserve has been ensnared in…

McDonald’s and other big brands warn that low-income consumers are starting to crack

Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has…

Worker pay rose more than expected in Q1 in another sign of persistent inflation

Employee compensation costs jumped more than expected to start the year, providing another danger sign about persistent inflation, while consumer…

Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth

Price rises in the euro area held steady at 2.4% in April, while the economy returned to growth in the…

IMF chief warns of emerging market risk with high U.S. interest rates

Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a…

Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the…