Biden’s relief plan: Major victory gets mixed one-year reviews
WASHINGTON — It’s not often that a president gets everything he asks for, but that’s what happened.President Biden wanted $1.9 trillion to help the country climb…
Charting the Global Economy: Sticky Inflation Backs Fed Caution
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s preferred inflation measure accelerated in October, helping explain US central bankers’ more cautious approach to interest-rate cuts.Author of the…
Eurozone’s inflation rate rises to 2.3%: Should the ECB be concerned?
Annual inflation in the eurozone edged higher in November, matching expectations, while Germany reported its worst retail sales drop in two years, signalling broader economic…
Motorists still being ripped off at the pumps as fuel retailers keep profits high
MOTORISTS are still being ripped off at the pumps as fuel retailers keep profits high, the competition watchdog warned.Despite falling global oil prices, supermarkets and…
Germany’s inflation misses forecasts in November: Bund yields fall
Germany's headline inflation rose to 2.2% in November, below forecasts, with a sharp 0.2% monthly drop signalling disinflation. Core inflation hit 3.0%, the highest since…
Markets week ahead: Eurozone’s inflation figures takes centre stage
This week, US politics and geopolitical tensions remain a focus for investors. Economic data such as the EU inflation, the US GDP, and RBNZ's rate…
Thousands with disabilities or health conditions can apply for cost of living payments from tomorrow – are you eligible?
FROM tomorrow, thousands of people with disabilities or other debilitating conditions will be eligible to apply for cost-of-living support.The Government's Household Support Fund worth £421…
Stubborn US Inflation Set to Reinforce Fed’s Go-Slow Approach
Breadcrumb Trail LinksPMN BusinessUS inflation figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve’s cautionary posture toward…
Japan passes economic package to address inflation
In hopes of tackling continuing issues of inflation, the Japanese government okayed a wide-ranging economic package worth $250 billion to address racing energy costs and…
Weekly recap: Geopolitical tensions weigh on European market sentiment
The European stock markets rebounded on Thursday but remained in negative territory for the week as rising geopolitical tensions weighed on sentiment. ADVERTISEMENTStock markets on…
Hefty public sector pay rises push Government debt up £4.1billion more than expected
HEFTY pay rises for public sector workers pushed the Government’s debt bill up £4.1billion more than expected.Borrowing last month his £17.4billion - the second highest…
Keir Starmer brushes off rising mortgage rates — blaming them on the banks
SIR Keir Starmer yesterday brushed off rising mortgage rates, blaming banks’ “individual decisions”.The PM said he was not to blame for post-Budget hikes in mortgage…
October inflation expected to show mild bump up despite longer-term downward trend
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Canadian PressIan BickisPublished Nov 17, 2024 • 4 minute read You can save this article by registering for…
Charting the Global Economy: US Inflation Progress Stalls
Breadcrumb Trail LinksPMN BusinessUS inflation is proving stubborn while consumer spending shows scant signs of any concerning slowdown, laying the groundwork for a more cautious…
Indian students give Canada cold shoulder as Ottawa, New Delhi butt heads | Migration News
Kolkata, India – For the past several years, Manpreet Singh has been dreaming of going abroad for higher studies. The 22-year-old Sikh, a resident of…
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from the Bureau of Labor Statistics.…
Prices at budget shops Lidl and Aldi set to rise with other high street favourites to follow
BRITS on a budget are to face even higher prices at discount shops such as Aldi and Lidl because of the Chancellor’s tax raid.Low-cost retailers…
Germany’s economic sentiment falters as Trump’s win casts shadow
Germany's economic sentiment dropped in November as internal political gridlock and Trump's election stoked concerns. The ZEW index fell from 13.1 to 7.1, with experts…
Fact check: Are weekly wages in the US ‘lower than 50 years ago’? | US Election 2024 News
In a November 10 appearance on CNN’s State of the Union, United States Senator for Vermont Bernie Sanders dismissed a question from host Dana Bash…
US Inflation Progress Gets Harder in Last Mile Down
Breadcrumb Trail LinksPMN BusinessUS inflation probably moved sideways at best in October, highlighting the uneven path of easing price pressures in the home stretch toward…