Key Fed inflation gauge rises to three-year high in May after gas prices peaked | US economy
The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked,…
Hong Kong is world’s most unequal society for wealth distribution, study finds
Hong Kong has become the world’s most unequal society in terms of wealth distribution, a study has found,…
Brexit 10 years on: How Yorkshire businesses have adapted
Kevin Hopper’s office is filled with promotional posters for some of the world’s biggest rock bands. His West…
China’s green-energy costs seen undercutting traditional energy as capacity hits record
China’s green-energy costs are projected to plummet in the coming years, offering a substantial cost advantage over traditional…
United States Q1 GDP Growth Rate rose to 2.1%
The final GDP Growth Rate showed the economy expanded by 2.1% in the January-March period, the Commerce Department’s…
PCE report: Fed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play – Yahoo Finance
PCE report: Fed’s preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play Yahoo FinanceCore…
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,…
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…
U.S. Inflation Problems Are Far From Over
If a preliminary deal to end the war with Iran holds, the worst of the inflation surge that…
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…
Core PCE inflation rises to 3.4% in May as anticipated
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE)…
AI boom to put gloss on domestic Irish economy despite rising inflation, says ESRI – The Irish Times
A boom in investment by multinational companies in equipment tied to artificial intelligence (AI) and data centres is…