inflation - Page 3

October 8, 2024

Inflation Eases, But Concerns Persist as 2024 Election Approaches

As the U.S. gears up for a pivotal presidential election, inflation has quietly returned to normal levels, but it remains a top concern for many voters. According to a recent Ipsos poll,

November 8, 2024

U.S. Stocks Rally After Fed Rate Cut Amid Post-Election Gains

U.S. stocks continued their post-election surge Thursday, buoyed by the Federal Reserve’s decision to cut interest rates. All three major indexes touched record highs during the session, building on momentum seen earlier

November 11, 2024

4 Strategies to Maximize Holiday Savings in a High-Cost Year

As economic concerns linger across the country, American households are grappling with rising costs and financial stress this holiday season. According to the National Retail Federation, holiday spending in the U.S. is

Ferrero Buys WK Kellogg in $3.1 Billion Mega Deal

by Jamie Spencer

Iconic cereal and candy brands unite amid inflation pressure Ferrero, the Italian confectionery giant behind Nutella and Ferrero Rocher, has struck a $3.1 billion deal to acquire WK Kellogg, the legacy cereal

July 10, 2025

Markets Rise but Risks Linger as Tariff Deadline Nears

by Jamie Spencer

Trump’s trade blitz jolts stocks, spending, and sentiment After launching a wave of tariffs earlier this year, President Donald Trump has temporarily paused his most aggressive trade measures, giving global markets a

July 4, 2025

Retail Sales Slip as Tariff Impacts Cloud Outlook

by Jamie Spencer

Consumer Spending Weakens After March Surge U.S. retail sales fell 0.9% in May, marking the steepest monthly drop since January and signaling a slowdown in consumer activity. The decline was largely driven

June 17, 2025

Trump’s Tariffs: Inflation Impact Still to be Seen

by Jamie Spencer

Tariffs Have Yet to Significantly Impact Inflation Despite widespread fears, President Donald Trump’s tariffs have not yet caused significant inflationary pressures, according to recent data. The consumer and producer price indexes, published

June 12, 2025

US Stocks Pause Amid Inflation Data and Trade Talks

by Jamie Spencer

Stocks Stall Following Inflation Data and US-China Trade Developments US stocks paused on their recent rally Wednesday, with investors weighing a softer-than-expected inflation reading and assessing the latest US-China trade developments. The

June 11, 2025

JPMorgan Warns of Economic Vulnerability Amid Slowdown

by Jamie Spencer

Concerns Over U.S. Economy’s Future Outlook JPMorgan Chase CEO Jamie Dimon raised concerns about the U.S. economy’s vulnerability as pandemic-era support measures wane. Speaking at a Morgan Stanley conference, Dimon warned that

June 11, 2025

Russia Cuts Interest Rates Amid Easing Inflation Pressures

by Jamie Spencer

On Friday, Russia’s central bank announced its first interest rate cut since September 2022, reducing the rate by 100 basis points to 20%. This marks a shift in the nation’s monetary policy

June 6, 2025

Bulgaria to Join the Eurozone in 2026

by Jamie Spencer

The European Commission and the European Central Bank (ECB) have approved Bulgaria’s adoption of the euro, with the currency switch set to occur on January 1, 2026. This milestone makes Bulgaria the

June 4, 2025

Australia’s Economic Growth Slows, Rate Cuts Likely Ahead

by Jamie Spencer

Australia’s economy showed only minimal growth in the first quarter of 2025, highlighting the country’s ongoing economic struggles. Consumer spending remained subdued, and government expenditure, which had previously been a driving force,

June 4, 2025

U.S. Dollar Bounces Back Amid Trade War Concerns

by Jamie Spencer

The U.S. dollar rebounded on Tuesday, recovering from a six-week low against the euro. Despite this recovery, market sentiment remains cautious as traders remain focused on the ongoing trade conflict between the

June 3, 2025

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