Optimism over rate cuts overshadows hot inflation
Shoppers at the new H Mart during their grand opening in Westminster, CA, on Thursday, August 7, 2025.…
Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest…
Rising inflation and a deteriorating job market puts the Fed, and Americans, in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
Foreign investors in agriculture say U.S. tariffs could wipe them out—and they may test America in global court
Foreign investors with business in the agriculture sector are considering bringing claims against the U.S. government as some…
US Consumer Price Index set to show inflation accelerated in August as Fed readies rate cut
The US Consumer Price Index is set to rise 2.9% YoY in August, at a faster pace than…
Rate increase in Japan less likely following Ishiba’s resignation
Prime Minister Shigeru Ishiba’s resignation could worsen political turmoil in Japan and tie the hands of the Bank…
‘No inflation!’: Donald Trump calls Jerome Powell a ‘total disaster’; pushes for urgent Fed rate cut
US President Donald Trump lashed out at the Federal Reserve on Wednesday after fresh data showed US producer…
UK housing market slows as buyers retreat, uncertainty swirls, RICS survey shows
By Suban Abdulla LONDON (Reuters) -British house prices showed the most widespread falls in more than a year-and-a-half…
Wall Street ticks toward more records as inflation slows and Oracle soars
NEW YORK (AP) — Wall Street is heading for more records on Wednesday following a surprisingly encouraging report…
US household income rose slightly last year, roughly matching 2019 level
WASHINGTON (AP) — The income for the typical U.S. household barely rose last year and essentially matched its…