The Fed and White House combine for a day that cuts to the heart of Biden’s political problem
CNN — Two Washington power centers will on Wednesday lay bare the politically poisonous dynamics of the top economic issue...
archiveinflation
Loonie forecasts cut as Bank of Canada trails U.S. Fed on peak-rate bets: poll – National
Canada’s dollar will gain less than previously thought over the coming year as the domestic economy has lost some sensitivity...
As Britain’s economic decline gathers pace, there’s one price that matters most
After Johnson bowed out, though, the 10-year yield dropped from 4.2pc to below 3.5pc over less than a week –...
‘Sick’ Putin behind Europe’s inflation crisis – POLITICO
The European Central Bank is having to raise interest rates because of inflation caused by Russian President Vladimir Putin's war...
Pending home sales plunge 31% from a year ago to their lowest level since 2010
Contracts to buy U.S. previously owned homes have fallen for a fourth straight month, as the housing market buckles under...
How Federal Reserve interest rate hikes impact your borrowing costs
From credit cards to mortgages, it's suddenly a lot more expensive to borrow money.The Federal Reserve has raised its benchmark short-term rate...
Rishi Sunak to be crowned UK prime minister after winning Tory leadership contest – POLITICO
LONDON — Rishi Sunak will be appointed U.K. prime minister Tuesday after his last remaining rival Penny Mordaunt dropped out...
SOFTS-Arabica coffee hits 13-month low, heads for 2nd weekly loss
LONDON, Oct 21 (Reuters) - Arabica coffee prices on ICE hit a fresh 13-month low on Friday, heading for a...
Liz Truss insists she’s a ‘fighter not a quitter’ as she tries to see off pensions row – POLITICO
LONDON — British Prime Minister Liz Truss told MPs she’s a “fighter, not a quitter,” as she attempted to see...
‘Bad situation’: Soaring US dollar spreads pain worldwide
The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife...
