Economic News
-
Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
Government data in Argentina says the country’s monthly inflation rate has eased sharply to a single-digit rate in April for the first time in half a year
-
Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump
President Joe Biden says in defending his new tariffs on Chinese products that China's government subsidies ensure its companies don’t have to turn a profit, giving them an unfair advantage in global trade
-
New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
New tariffs on Chinese electric vehicles and batteries, solar cells, medical equipment and other goods are intended to protect U.S. jobs and manufacturers
-
Red Lobster closes dozens of locations across the US just months after 'endless shrimp' losses
Dozens of Red Lobster locations across the U.S. are now on the chopping block
-
Argentina's inflation drops to 1st single-digit rate in 6 months, a triumph for President Milei not felt on the streets
Argentina's inflation drops to 1st single-digit rate in 6 months, a triumph for President Milei not felt on the streets
-
Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed start to spring
-
Fed's Powell downplays potential for a rate hike despite higher price pressures
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again
-
Day care prices aren't getting better. So states are stepping in
Child care has long been expensive for families, hard to find and financially precarious for day care owners and workers
-
Wholesale price increases accelerated in April as inflation remains sticky
U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in consumer prices to start the year
-
Xi's visit to Hungary and Serbia brings new Chinese investment and deeper ties to Europe's doorstep
Most countries in the European Union are making efforts to “de-risk” their economies from perceived threats posed by China
- More Economic News »