inflation

Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing

Business
Jessica Roberts

CNBC/Jamie Dimon Inflation may be higher for longer than people think, JPMorgan CEO Jamie Dimon told Bloomberg TV. Markets are too optimistic ...

McDonald’s to launch $5 meal deal to lure back customers

Business
Jessica Roberts

McDonald’s is reportedly preparing to launch a $5 meal deal in a bid to lure back lower-income customers who were priced out ...

Turkey’s inflation accelerates to nearly 70% in April

Business
Jessica Roberts

A Turkish national flag, left, and a flag bearing the portrait of Kemal Ataturk, founder of the modern Turkish republic, hang from ...

May Day 2024: Workers and activists call for greater labor rights

Trending
Sarah Wilson

ISTANBUL (AP) — Workers and activists around the world marked May Day with largely peaceful protests Wednesday over rising prices, low wages ...

Biden trails Trump in Georgia with Black voters, Harris makes new case

U.S.
Amanda Smith

Biden Administration sets new rules for federally funded nursing homes Vice President Kamala Harris announced new rules for federally-funded nursing facilities and ...

It’s time to talk about the ‘dirty word’ on Wall Street as ‘whiffs of stagflation’ intrude on markets, chief strategist says

Business
Jessica Roberts

There’s been a steady drumbeat of concerns about stagflation as recent data showed economic growth slowing sharply and inflation picking up. Now, ...

Long lines form and frustration grows as Cuba runs short of cash

Business
Jessica Roberts

HAVANA (AP) — Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from ...

Key Fed inflation measure rose 2.8%

Business
Jessica Roberts

Including food and energy, the all-items PCE price gauge increased 2.7%, compared to the 2.6% estimate. On a monthly basis, both measures ...

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, ...