Retail sales up 0.6% in August from July even as tariffs lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as…
The Fed faces economic uncertainty and political pressure as it decides whether to cut rates
WASHINGTON (AP) — In a sign of how unusual this week’s Federal Reserve meeting is, the decision it…
Russia cuts interest rate to 17% as wartime economy slows while deficit grows
Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that…
Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest…
European Central Bank leaves rates unchanged as economy weathers Trump’s tariffs
FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday with inflation back under control…
Rising inflation and a deteriorating job market puts the Fed, and Americans, in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
France’s finances are in turmoil. Here’s how it came to this
France’s finances and politics are in turmoil. President Emmanuel Macron has just appointed his fourth prime minister in…