How the ‘double scar’ of past inflation, geopolitical shocks is hitting consumers
A “double scar” of past inflation woes and geopolitical trauma is warping how consumers view the economy and…
U.S. reportedly carries out new airstrikes on Iran
U.S. President Donald Trump arrives to the commencement ceremony on Cadet Memorial Field at the United States Coast…
Republicans stare down inflation abyss with midterms fast approaching
Rep. Brian Fitzpatrick, R-Pa., talks with a reporter in the U.S. Capitol’s Statuary Hall on Friday, March 27,…
ECB inflation outlook: Villeroy says bank ready to act
The European Central Bank “will do what is necessary” to keep inflation on target, one of its top…
Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due…
Mortgage rates surge to highest level since July
Growing concern over the trajectory of the Iran war has bond yields rising and mortgage rates following suit.…
Fed to hike? When traders see a rate increase coming
The Federal Reserve logo is seen on the William McChesney Martin Jr. Building in Washington, Sept. 16, 2025.…
Treasury retreat eases, traders eye highest 30-year yield since 1999
Yields on U.S. Treasurys were slightly lower early Tuesday, easing losses in the previous session as traders weigh…
Japan economy grows at annualized rate of 2.1% in the first quarter, beating expectations
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks |…
EU warns Iran war is causing stagflation shock
The EU will downgrade its growth forecast because of the “stagflationary shock” caused by the Iran war, the…