Interest rates will fall again when inflation returns to target but that could require a painful adjustment
There is a big, fat elephant in the room. The federal government insists it has devoted considerable resources…
Gold Holds Gains as Traders Assess Strength of US-China Truce
Gold consolidated gains from a day earlier, holding above $4,000 an ounce as traders weighed a US-China trade…
Federal Reserve cuts key rate as government shutdown clouds economic outlook
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
Annual inflation surges to 3.2pc in September quarter, up from 2.1pc in June
Inflation has surged in the September quarter with consumer prices rising at an annual pace of 3.2 per…
RBA governor Bullock says a severe market downturn would raise financial stability concerns
Financial markets, including Australian property and shares, have been pushing record highs for many months. Speaking at an…
Argentina votes in midterm elections set to test President Milei’s mandate
BUENOS AIRES, Argentina (AP) — On the northern bank of Argentina’s Riachuelo River, luxury car dealerships report sales…
Social Security sets its 2026 COLA increase at 2.8%. Here’s what that means for your benefits.
The Social Security Administration on Friday announced a 2.8%Â cost-of-living adjustment for 2026, an increase that will automatically boost…
Social Security 2.8% COLA 2026 benefit increase explained
Jasondoiy | E+ | Getty Images The Social Security cost-of-living adjustment will be 2.8% in 2026, the Social…
Wall Street heads for records following an encouraging update on inflation
NEW YORK (AP) — Wall Street is heading for records after an update said U.S. households are feeling…
The government is belatedly releasing inflation data on Friday. Here’s what economists are expecting.
A delayed inflation report on Friday is expected to deliver sobering data about the direction of U.S. prices,…
Hundreds of thousands of Hungarians attend rival rallies in Budapest
BUDAPEST, Hungary (AP) — Hundreds of thousands of Hungarians filled the streets of Budapest on Thursday in competing…