US Fed’s preferred inflation gauge hits fresh three-year high
WASHINGTON: The US Federal Reserve’s preferred inflation measure hit a fresh three-year high in May, as elevated energy…
Luxury consumers seen nudging sector back to growth despite global tensions
MILAN (AP) — Luxury consumers are cautiously resuming purchases of apparel, handbags and cosmetics despite continued geopolitical uncertainty,…
Hiltzik: Alan Greenspan, Fed chair whose policies gave us the Great Recession
Noah Cross, the archvillain of the movie “Chinatown,” had the definitive line on how old age brings respectability.…
United States Durable Goods Orders decline 4.5% in May as expected
Durable Goods Orders in the United States (US) declined by 4.5%, or $15.6 billion, in May to $332.1…
PCE inflation report May 2026:
The Federal Reserve’s primary price gauge rose at its highest level since 2023, reinforcing the central bank’s recent…
Fresh inflation storm gathers over construction
Consultant Arcadis has increased the upper end of its previously already high tender price inflation forecasts for 2026…
These were Ireland’s most popular low-cost consumer brands last year
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Indonesia, China ramp up de-dollarisation effort – Asia News Network
June 25, 2026 JAKARTA – Indonesia and China are looking to become less reliant on the United States…
Nigerian telecom operators back new CBN rule to host payments data locally
Nigerian telecom operators back new CBN rule to host payments data locally The Association of Licensed Telecommunications Operators…
ECB policymaker Schnabel says further rate hikes will likely be needed
ECB’s Schnabel reiterated that ECB is not done tightening yet. She’s one of the ECB’s most influential voices,…
New inflation report could fuel concerns over higher rates
A closely watched inflation report is set to reveal how much price growth picked up in May —…
A tale of two cities: can Shanghai challenge Hong Kong’s offshore finance crown?
Chinese Vice Premier He Lifeng speaks at the Lujiazui Forum 2026 in Shanghai, June 17. Reuters-Yonhap Hong Kong…