Credit tightens, stagflation worries rise: ECB
The overall credit tightening was larger than expected, exceeded the historical average, and marked the most significant tightening…
Israel’s strikes and Trump’s blockade have battered Iran’s economy
CAIRO (AP) — In the heartland of Iran’s famed carpet-making industry, manufacturing has ground to a near halt.…
Fed projects one rate cut this year as Powell vows to stay on until DOJ investigation is finished
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted…
UK inflation hits 3.3% in March as pump prices soar
LONDON (AP) — Inflation in the U.K. climbed in March after a sharp jump in prices at the…
Stocks and oil prices hold relatively steady in the countdown to US-Iran ceasefire talks
NEW YORK (AP) — U.S. stocks are ticking higher Tuesday after UnitedHealth Group and other big companies showed…
Kevin Warsh nominated as next Fed chair, faces Senate hurdle
WASHINGTON (AP) — The Trump administration has formally nominated Kevin Warsh, a former top Federal Reserve official, to…
Despite Marie Antoinette comparisons, Trump leans into opulence
WASHINGTON (AP) — President Donald Trump had something urgent to address while flying back to Washington from his…
War in Iran intensifies a time of uncertainty for makers of the ultimate in bling, luxury watches
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US home sales fall in March, marking a slow start to the spring homebuying season
Sales of previously occupied U.S. homes fell in March to their slowest pace nine months, as easing mortgage…
Oil is back above $100, though US stocks hold steady on hopes for US-Iran talks | Ap-business
NEW YORK (AP) — Oil prices are back around $100 per barrel on Monday after 21 hours of…
More Federal Reserve officials see possible rate hikes this year, minutes show
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Lessons learned in ’70s have made US, world economies less vulnerable to oil shocks
WASHINGTON — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again…