inflation

UK inflation, March 2024

Business
Jessica Roberts

Workers deliver drinks to a pub in the City of London, UK, on Tuesday, April 16, 2024.  Bloomberg | Bloomberg | Getty ...

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

Business
Jessica Roberts

WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, ...

Gold smashes record again as US inflation worries loom

Business
Jessica Roberts

By Sherin Elizabeth Varghese (Reuters) – Gold prices extended a record run on Wednesday as concerns of rising inflation boosted demand for ...

Nearly 75% of people think tipping is out of control

Business
Jessica Roberts

5 things to consider before tipping at restaurants The debate surrounding tipping at restaurants continues to rage on, with different cultures having ...

As ‘guilt tipping’ gets out of control, consumers start pushing back

Business
Jessica Roberts

“Customers are being asked to tip at the more traditional service encounters [and] also app-based services, ride-share and delivery apps. This gives ...

Federal Reserve expected to cut rates, lift Biden’s prospects

Politics
Amanda Smith

By Jarrett Renshaw and Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve looks on track to cut interest rates as the ...

Japan: BOJ hikes interest rates for the first time in 17 years

Business
Jessica Roberts

TOKYO (AP) — Japan’s central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding ...

3 reasons the stock market could tumble 10%, according to an increasingly nervous analyst

Business
Jessica Roberts

Getty There are three reasons the stock market looks like it will tumble at least 10%, Peter Tchir from Academy Securities said. ...

Time running out for rate cuts, Jim Bianco warns before Fed meeting

Business
Jessica Roberts

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president ...

Bond Traders Surrender to Higher-for-Longer Reality From the Fed

Business
Jessica Roberts

(Bloomberg) — Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering ...