Tag: Inflation
Kamala Harris Likely to Win Presidential Election, CNBC CFO Survey Reveals
A recent CNBC CFO survey indicates that Vice President Kamala Harris is favored to win the upcoming presidential election, despite former President D [...]
Fed Chair Powell Signals Potential Rate Cuts Amid Easing Inflation
Federal Reserve Chair Jerome Powell announced that with inflation easing, the Fed is likely to cut interest rates soon, aiming to support the labor m [...]
Yellen Disputes Summers’ View on Inflation, Citing Past Errors
Treasury Secretary Janet Yellen said she thought it was “highly likely” that housing costs, a major driver of inflation, “will come down considerably [...]
Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 5, 2024. REUTERS/Andrew Kelly/File Photo
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Stubborn Inflation Challenges Biden’s Economic Narrative
Continued stubbornness in inflation has been fed in particular by housing costs and rising gas prices. | Scott Olson/Getty Images
Despite a year o [...]
US small-business sentiment slides to lowest level in more than 11 years
The signs in a storefront window read "Going Out of Business" in Charleston, South Carolina, U.S., March 7, 2024. REUTERS/Brian Snyder/FILE PHOTO [...]
Stubborn Inflation Stalls Rate Cuts, Posing Economic Challenges
Under Fed Chair Jerome Powell, financial markets have been soaring, with stocks and bitcoin hitting new records this year. | Anna Moneymaker/Getty Im [...]
Gasoline, shelter costs boost US prices; inflation still slowing
A person pumps gas at a Sunoco gas station in Philadelphia, Pennsylvania, U.S., February 19, 2022. REUTERS/Hannah Beier/FILE PHOTO
In February [...]
Argentina inflation surges past 200% as economic crisis bites
A sign announces the price of flour at 789 pesos in a supermarket, as Argentina is battling with an annual inflation heading towards 200%, in Bue [...]
Surprising Surge in Halloween Spending Defies Economic Predictions
Customers were coming to Soergel Orchards to select pumpkins and apples.Credit...Ross Mantle for The New York Times
Despite concerns about an immi [...]