News

Treasury Secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Fed Chair Powell reveals new inflation target
Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. "It ...
Core PCE Inflation Rises 2.5% In April, Lowest Level Since 2021
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level ...
Australia raises minimum wages by 3.5% as inflation eases
Australia's independent wage-setting body on Tuesday raised the national minimum wage by 3.5% effective July 1, a real wage ...
Inflation is cooling. But stubbornly high housing costs could spark a flare-up and a rate hike by year-end, chief economist warns.
Inflation has edged down, but high housing costs could spark a fresh rise in prices and keep the Fed from cutting rates, ...
ECB Set for Last Easy Rate Cut as Trade Fuels Inflation Discord
The European Central Bank is about to lower interest rates for the final time before an increasingly complicated inflation ...
Lawsuit alleging rent inflation in D.C. leads to $1 million settlement
D.C. Attorney General Brian Schwalb (D) announced a settlement of more than $1 million in a lawsuit alleging that multiple ...
Aris Mining's Medium-Term Growth Prospects Are Compelling, But Watch For Inflation
Aris Mining is expanding production at its two existing sites, with higher processing capacity expected in June. Check out ...