Business
US Federal Reserve trio express confidence inflation will continue to slow
A CLUTCH of US Federal Reserve officials on Wednesday (Jan 15) welcomed fresh data showing a crucial gauge of consumer prices in December…
Tag
Inflation
Business
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The…
Business
US: Wall St opens higher after inflation data, strong bank earnings
Wall Street’s main indexes opened higher on Wednesday (Jan 15), as data showed core inflation rose less than expected in December and…
Business
Inflation Sped Up in December, a Fresh Challenge for the Fed
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The…
Business
Asia: Markets mixed as traders eye US inflation data, earnings
ASIAN markets diverged on Tuesday (Jan 14) as bargain buying after recent losses played against ongoing worries about the outlook for the…
Business
US: Dow rises, Nasdaq falls ahead of earnings, inflation data
WALL Street stocks finished mostly higher on Monday (Jan 13), shrugging off a weak opening and another uptick in Treasury bond yields amid…
Politics
Russian economy time bomb: Putin warns of "seismically disruptive" war debt
Russia is financing its military spending through a shadow plan that poses a "seismically disruptive" threat to an economy already…
Business
US stocks tumble from jobs report and ongoing inflation fears
U.S. stocks tumbled Friday morning due to December's strong jobs report and ongoing inflation fears. Why It Matters Wall Street set dozens…
Business
Thai central bank rebuffs demand for steps to boost inflation
THAILAND’S central bank is comfortable with the outlook for subdued inflation as it focuses the monetary policy to ensure financial…
Politics
The Federal Reserve Thinks Trump is Going to Make Inflation Much Worse
If the “hell” Trump is promising is military action, it would inflame the Middle East further and likely set off a regional conflict that…
Business
Gold extends drop after Fed officials express inflation concern
The bullion is unlikely to hit US$3,000 an ounce by the end of the year, pushing the forecast to mid-2026 Gold fell for a second day as…
Politics
Column: Mea culpa: I got some things wrong in 2024. At least I hope I did
WASHINGTON — I spent much of 2024 warning readers that a second Trump presidency would do serious damage to American institutions,…
Politics
Column: History gets Jimmy Carter wrong, both underrated and overrated
In the lives of public figures a tale often takes hold and that narrative becomes their story. In the case of Jimmy Carter, it goes like…
Business
Singapore’s central bank chief on crypto, AI and battling inflation
AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a…
Business
MAS chief Chia Der Jiun on crypto, AI and battling inflation
AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a…
Business
Philippine central bank extends 2% to 4% inflation target through 2028
THE Philippines’ central bank said on Friday (Dec 27) it will maintain its current annual inflation target of 2 to 4 per cent through to…
Business
Bank of Japan expects further progress in hitting 2 per cent inflation target in 2025
THE Bank of Japan (BOJ) expects the economy to move closer to sustainably achieving the central bank’s 2 per cent inflation target next…
Business
Bank of Japan expects further progress in hitting 2% inflation target in 2025
THE Bank of Japan (BOJ) expects the economy to move closer to sustainably achieving the central bank’s 2 per cent inflation target next…
Business
Americans say Santa will be less generous this year
What's New Sixty-eight percent of Americans said that Santa will be less generous this Christmas because of economic pressure, according…
Business
Asia: Markets track Wall Street rally as US inflation eases rate worries
ASIAN markets rose on Monday (Dec 23)after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered…
Business
US: Stocks rally after inflation data but close lower for the week
US stocks rallied to close out the trading week on Friday (Dec 20) after two lacklustre sessions as a cooler-than-expected inflation…
Business
Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll
TOKYO (Reuters) - Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government's suspension of…
Politics
Column: The U.S. economy is doing very well. But don't give too much credit to Biden — or Trump
One of Donald Trump’s closing campaign arguments was that he would deliver a new “golden age” for America. This week, he announced that…
News
Social Security is changing in 2025. Here's how it might affect you
Social Security forms the bedrock of income for millions of retirees, survivors and disabled people across the United States. As the New…