Top 10% of Earners Drive a Growing Share of US Consumer Spending
Wealthy consumers continue to account for a growing share of US consumer spending, highlighting the lopsided strength of…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
Why after Trump tariffs, the US and world economy are still holding up
New York: At the start of this year, there was consensus among economists, bankers, investors and business community…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…
UK Chancellor Reeves Risks Another Post-Budget Inflation Surge, Business Warns
Stubborn inflation has emerged as one of the biggest drawbacks from Chancellor of the Exchequer Rachel Reeves’ first…
U.S. Producer Inflation Posts Unexpected Drop in August
(MENAFN) U.S. producer prices posted an unforeseen monthly decline in August, signaling a potential easing in consumer inflation…
CBO Sees Lower US Growth, Higher Unemployment Due to Trump Tax Law, Tariffs
The Congressional Budget Office now expects higher inflation and unemployment this year and slower economic growth, after taking…
‘Outrageous!’ ‘Shocking!’ ‘Insane!’ – Video Reveals Skyrocketing Prices at Grocery Stores Across the US
A new video mashup is exposing the skyrocketing cost of living in cities across the US. The video…
Cheap Chinese Imports Threaten Thai Economy, Warns Bank
Thailand is not yet in a state of deflation, but an influx of cheap Chinese goods poses a…
Mortgage rates continue to move downward. Will it last?
WASHINGTON (TNND) — Mortgage rates have continued to tumble downward after being stuck near 7% for more than…
Indian Rupee bounces back as India’s retail inflation grew faster in August
The Indian Rupee rebounds against the US Dollar to near 88.40 as India’s CPI grew at a faster…
US Fed expected to cut rates amid cooling labour market, surging inflation | Donald Trump News
New York, USA – Next week, the United States Federal Reserve will hold a two-day policy meeting to decide…