LONDON — European markets were higher on Friday, tracking global gains as another volatile trading week comes to a close.The pan-European Stoxx 600 added 1.2% in early trade, with basic resources climbing 2.4% to lead gains as most…
It seems like the cost of just about everything is going up, between gas prices and rent — especially in Miami.
Now, as stocks tumble, there’s growing fear our economy could be headed for a recession.
At Monday’s…
“High inflation is a severe threat to the achievement of maximum employment," he said.The economy, the Fed chair added, must grow for an extended period to put as many Americans back to work as possible. Controlling inflation — without…
“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the price of both regular gas and diesel by 10 cents in response to…
Here are some of the key data on inflation in budget ranges. The pasta surge is by far the most notable, but others include crisps (17%), bread (16%), minced beef (16%) and rice (15%).Yet at the same time for six of the 30 items, the…
Coinbase shares fell Tuesday following a ratings downgrade at JPMorgan and after the company announced job cuts.
The company itself said it is reducing its…
Raising interest rates to tame demand — and therefore inflation — is not the right solution, as high prices have been driven mainly by supply chain shocks, one analyst said. Global manufacturers and suppliers have been unable to produce…
J.P. Morgan's Marko Kolanovic predicts oil is surging higher — but so are stocks.Kolanovic, who serves as the firm's chief global markets strategist and co-head of global research, believes the U.S. economy is strong enough to handle oil…
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