Policymakers have been surprised by stubborn price growth, which they hoped to bring down to 2%, in recent months Inflation across the US eased slightly last month as concerns about the cost of...
https://www.theguardian.com/business/article/2024/may/15/us-inflation-drops-slightly
White House levy to protect US makers from cheap imports likely to inflame trade tensions The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a...
April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong Hiring in the US slowed in April with the workforce adding another 175,00...
https://www.theguardian.com/business/article/2024/may/03/us-april-jobs-report
Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2% The Federal Reserve announced on Wednesday that it is holding interest rates steady at...
https://www.theguardian.com/business/2024/may/01/federal-reserve-interest-rates
Changpeng Zhao pleaded guilty to money laundering charges Changpeng Zhao, the founder of the world’s largest cryptocurrency exchange, will be sentenced on Tuesday after pleading guilty to mon...
Commerce department says gross domestic product growth decelerated to 1.6% at start of year as consumers slowed spending America’s leading stock indices came under pressure on Thursday after ...
https://www.theguardian.com/business/2024/apr/25/us-gdp-growth-slows
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter FULL STORY: US GROWTH SLOWS AS INFLATION RISES, SPOOKING MAR...
Kristalina Georgieva says Kyiv will need $42bn of financial support this year as G7 considers ways to use seized Russian assets Russia’s war with Ukraine is stoking geopolitical tensions and...
US central banker says ‘recent data have clearly not given us greater confidence’ that inflation coming fully under control The Federal Reserve chair, Jerome Powell, cautioned on Tuesday th...
https://www.theguardian.com/business/2024/apr/16/jerome-powell-inflation-delay-rate-cuts
Report by former US Federal Reserve boss reveals faulty economic model and reluctance to admit mistakes Bank forecasts undermined by out-of-date-methods, report finds The Bank of England has g...
Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high prices We learned this week that the Consumer Price Index climbed 3.5% in Ma...
https://www.theguardian.com/commentisfree/2024/apr/11/companies-inflation-price-gouging
Rolling coverage of the latest economic and financial news Rising home and gas costs pushed US inflation higher than expected in March Tesco says grocery inflation has lessened as it plans £500...
The consumer-price index, driven by fuel and housing costs, rose 0.4% from February, higher than the 0.3% expected Global financial markets have scaled back expectations for an imminent cut in ...
https://www.theguardian.com/business/2024/apr/10/us-inflation-march-cpi
Small business owner Scott Richardson chose Trump to shake things up but a strong economy means he’s sticking with Biden For the past 35 years, Scott Richardson and his wife, Theresa, have ru...
https://www.theguardian.com/us-news/2024/apr/10/independent-vote-pennsylvania-election
Respondents tell us about personal levels of borrowing, with most saying they were now struggling to repay their debts Robin, a 70-year-old retired arts teacher from California, survives on an ...
https://www.theguardian.com/business/2024/apr/09/us-credit-card-debt
World’s most valuable chipmaker Taiwan Semiconductor to set up third facility in Arizona using funding from Biden policy Business live – latest updates Taiwan Semiconductor Manufacturing C...
Unemployment rate at 3.8% while job gains well above the 192,000 economists expected for the month The US workforce added 303,000 jobs last month, far more than expected and the 39th straight m...
https://www.theguardian.com/business/2024/apr/05/us-march-jobs-report
Live, rolling coverage of business, economics and financial markets as Fitch downgrades debt of parent of water company, saying default is likely TIM MOORE, economics director at S&P GLOBAL MAR...
Live, rolling coverage of business, economics and financial markets as UK postal service says it wants to cut 1,000 jobs and cut delivery days THE QUESTION ON ECONOMISTS’ LIPS AFTER THE SURPR...
Live, rolling coverage of business, economics and financial markets as minister says water company’s leadership has been a ‘disgrace’ THE UK GOVERNMENT HAS SAID IT IS PREPARED FOR “A RA...