More results...
Action came as world leaders begin arriving in New York for the UN general assembly and after Sunday’s march to end fossil fuelsOne day after the largest climate march since the start of the Covid-19 pandemic, hundreds of climate activists blockaded th…
Growth in prices still remains far below the decades-high inflation rates that were seen last summer, when rate peaked at 9.1% in JuneUS inflation in August rose for the first time since June 2022, rising to 3.7% as a sharp increase in energy prices pu…
Figure is less than expected in first jobs report since Fed raised interest rate to 22-year highUS employers added 187,000 jobs in July, less than expected and a sign that the labor market is cooling after a series of interest rate hikes by the Federal…
US economy remains robust despite the 11 rate rises the Fed has implemented – its most aggressive rate-rising cycle in 40 yearsThe US Federal Reserve raised interest rates to a 22-year high on Wednesday as it continued its fight against rising inflatio…
US Fed will also have to raise rates more aggressively than forecast, says Washington-based bodyInterest rates in the UK will need to stay higher for longer than previously forecast in order to tackle stubbornly high inflation, the International Moneta…
Even with the pause, Fed officials suggest further increases may come depending on how close economy gets to 2% inflation targetUS Federal Reserve officials have announced a pause in interest-rate hikes, leaving rates at 5% to 5.25% after more than a y…
Inflation year-over-year in May was down 0.9% compared with April and is the lowest rate since April 2021The prices of goods and services in the US rose 4% over the last year, showing a cooling of prices as the Federal Reserve considers pausing interes…
Annual rate has fallen sharply since hitting 40-year high last June but prices are still rising at a rate over twice the Fed’s targetThe price of goods and services in the US remained stubbornly high in April, rising 4.9.% from a year ago, the labor de…
April broke downward trend in growth of labor market, which has been slowing over the last few monthsUS employers added 253,000 jobs in April, a sign that resilient jobs market remains robust even after a year of Federal Reserve interest rate rises.Lab…
Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failuresUS banks are failing, and the authorities seem unlikely to interveneTrading in the shares of two more regional US …