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  Category: Economy

Economy

Economy

The Fed has a big interest rate decision coming Wednesday. Here’s what to expect

January 2, 20250

Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting at Willia...

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Economy

Russian central bank surprises markets by holding key rate at 21%

January 1, 20250

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late Febr...

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Economy

Key Fed inflation measure shows 2.4% rate in November, lower than expected

December 24, 20240

Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce D...

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Economy

UK inflation rises to 2.6% in November, in line with expectations

December 19, 20240

The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital's financial district, on 20th November 2024, ...

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Economy

Iran faces dual crisis amid currency drop and loss of major regional ally

December 17, 20240

A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan...

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Economy

Hereโ€™s the inflation breakdown for November 2024 โ€” in one chart

December 12, 20240

Hispanolistic | E+ | Getty ImagesConsumers saw inflation pick up slightly in November as price increases in categories including groceries, gasol...

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Economy

If Trump wants to kill inflation, the first thing he needs to do is get more homes built

December 12, 20240

Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push i...

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Economy

Macy’s employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say

December 12, 20240

A Macy's store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Get...

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Economy

China ramps up Wall Street meetings as Trump inauguration looms

December 11, 20240

Aly Song | ReutersChinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relatio...

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Economy

The CPI report Wednesday is expected to show that progress on inflation has hit a wall

December 11, 20240

A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday is exp...

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