Fed’s Preferred Price Gauge to Reinforce Rate Cuts: Eco Week
Breadcrumb Trail LinksPMN BusinessUS inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending…
Decision to get rid of Jason Heyward cuts deep for Dodgers
Dave Roberts has had dozens, if not hundreds of conversations like the one he had with Jason Heyward on Wednesday night, when the Dodgers manager…
Major Central Banks Now Aligned as Powell Signals Fed Cuts Ahead
Breadcrumb Trail LinksPMN BusinessOfficials from three of the world’s major central banks on Friday signaled they are firmly on course to lower — or continue…
Fed Chair Jerome Powell indicates interest rate cuts are coming amid lowered inflation
Federal Reserve Chairman Jerome Powell Friday indicated interest rate cuts are coming amid positive economic data on inflation dropping to an annual rate of 2.5%.…
Fed leader tees up interest rate cuts in search of soft landing
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday…
Q&A: Ex-St. Louis Fed Chief Bullard On Rate Cuts, Global Economic Tensions
James Bullard, the former president of the Federal Reserve Bank of St. Louis from 2008-2023 and a former member of the Federal Open Market Committee,…
Markets recap: Risk-on sentiment returns amid optimism over rate cuts
Major stock markets are set to end the week on a positive note as the rebound continued amid optimism over rate cuts. Technology shares, in…
Bank of Canada sees more rate cuts if inflation behaves
Breadcrumb Trail LinksNewsEconomyMinutes reveal officials reached 'clear consensus' on more rate cuts if inflation behavesPublished Aug 07, 2024 • 3 minute read You can save…
Russia accuses Ukraine of opening ‘African front’ as Niger cuts Kyiv ties | Conflict News
Ukraine is seeking support from the Global South, but several West African states are ditching Western ties to turn to Russia.Russia has accused Ukraine of…
Director India Donaldson cuts her own path with ‘Good One’
India Donaldson was done with acting when she was about 7 years old. In fact, it’s one of her earliest memories. Her father, the veteran…
Mali cuts ties with Ukraine over assistance to rebels
World News // 40 minutes ago Bangladesh PM Sheikh Hasina resigns, flees to India as protesters storm her residence Aug. 5 (UPI) -- Bangladesh's embattled…
Mali cuts diplomatic ties with Ukraine over Wagner-attack claims
Mali says it has cut diplomatic relations with Ukraine, after a military official suggested Kyiv had played a role in deadly fighting near the Algerian…
Labour should make some spending cuts, rather than increase the size of the State even further
We need to slash waste not hike taxesFASTEN your seatbelts for a shedload of grim economic news tomorrow.Rachel Reeves will tell the Commons that the…
China cuts 1-year benchmark rate to boost economy as world markets lag
China ratcheted up its effort to reinvigorate its economy on Thursday by cutting a key policy rate and interest paid on bank deposits. ADVERTISEMENTThe move…
‘Dovish’ Bank of Canada signals more cuts: What the economists say
Breadcrumb Trail LinksNewsEconomyTwo more cuts expected this yearPublished Jul 24, 2024 • 3 minute read You can save this article by registering for free here.…
Adidas cuts Bella Hadid from retro ad campaign after backlash
Adidas has removed Bella Hadid from its social media pages after issuing an apology for “any upset or distress caused” by its release of an…
Impacts of Foreign Assistance Cuts on Africa: USAID’s Role and Challenges Ahead
The U.S. House Appropriations Committee, led by Republicans, has proposed an 11% reduction in foreign assistance funding, which includes a substantial $485 million cut from…
US Fed’s Powell cites slowing job market in signal rate cuts may be coming | Inflation News
The United States Federal Reserve faces a cooling job market as well as persistently high prices, Chairman Jerome Powell has said in testimony to the…
RNC Platform Approved by Panel Touts Tax Cuts, Border Crackdown
Breadcrumb Trail LinksPMN BusinessA Republican party committee approved a 2024 platform ahead of next week’s convention that details priorities for presumptive nominee Donald Trump’s potential…
Wildfires boost Canadian crude oil prices as Suncor cuts production
Article contentCanadian heavy crude prices strengthened for a second day after Suncor Energy Inc. curtailed production at its Firebag oilsands site due to a nearby…