Economic News
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Bank of England holds main interest rate at 3.75% as Iran war inflation pressures ease
The Bank of England is holding its main interest rate at 3.7% as the inflation pressures on the British economy have become more benign after the U.S. and Iran signed a deal to sign deal to end their war
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Bank of England holds main interest rate at 3.75% as inflation pressures on UK economy become more benign
Bank of England holds main interest rate at 3.75% as inflation pressures on UK economy become more benign
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Macron deploys Versailles’ gold, mirrors and history in a high-stakes courtship of Trump
French President Emmanuel Macron is opening the gilded gates of Louis XIV’s palace to U.S. President Donald Trump for a private reception, show and dinner marking America’s 250th birthday
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Federal Reserve policymakers show support for rate hikes as Warsh reins in guidance
The Federal Reserve kept its key rate unchanged Wednesday yet nearly half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation
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US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve
U.S. stocks dropped on speculation the Federal Reserve may raise interest rates this year to keep a lid on inflation
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US tells states to deal with unemployment fraud or face penalties
The U.S. Department of Labor is telling states they have to combat fraud, waste and abuse in their unemployment insurance programs
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China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America
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Japanese fair trade officials raid 6 ice cream makers on suspicion of price fixing
Six major Japanese ice cream makers have been raided by the government fair trade watchdog officials on suspicion of price fixing
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Canada's Carney isn't having a bilateral meeting with Trump at G7 but says it's not a snub
Canadian Prime Minister Mark Carney will leave the G7 summit without a formal meeting with U.S. President Donald Trump as the free trade agreement between the countries faces an uncertain future
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Higher prices for gas, groceries and flights will likely outlast the Iran war
Economists and industry analysts say that even after oil starts flowing again from the Middle East, it could take awhile for the Iran war's effects on consumer prices to recede
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