UNDER-pressure Rachel Reeves was given a glimmer of hope as inflation fell — raising interest rate cut hopes.The Chancellor saw inflation sink 0.1 per cent…
Breadcrumb Trail LinksPMN BusinessJapan’s households cut consumption for a fourth month as inflation continues to weigh on their purchasing power, showing an economic fragility that’s…
Breadcrumb Trail LinksPMN BusinessBritain’s market upheaval has put the spotlight on its Labour government this week, but economists say the Bank of England will also…
The Hotel Assn. of Los Angeles reported that its members “are currently taking in thousands of Angelenos who have been displaced by the Palisades, Eaton…
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut was a ‘close call’.United States Federal Reserve…
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%.…
WASHINGTON — As President Obama mounts an aggressive campaign on what he calls tax fairness, his own tax burden has fallen to the lowest of…
Breadcrumb Trail LinksPMN BusinessA year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a…
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and…
This picturesque seaside town has been dubbed one of the finest holiday destinations in the entire UK - and there is one particular highlight that…
WASHINGTON — Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the labor market remains healthy despite signs…
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…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly…
Getty ImagesA rise in energy prices pushed UK inflation to its highest rate for six months, official figures show.The inflation rate, which measures price changes…
Good morning, and welcome to L.A. on the Record — our City Hall newsletter. It’s Dakota Smith with all the news.During his last term, President…
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.…
THE UK rate of unemployment has risen while wage growth has eased, according to the Office for National Statistics (ONS).Unemployment rose to 4.3% between July and…
OVER one million private renters on Universal Credit will see the help they get with payments frozen next year.Local Housing Allowance (LHA) rates will remain at their current…
Breadcrumb Trail LinksPMN BusinessAustralia’s central bank is poised to keep interest rates at a 13-year high, marking a year of unchanged policy as it grapples…
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a…