U.S. World Business Lifestyle
Today: June 17, 2025
Today: June 17, 2025

inflation

Economy|World

Russia is locking up butter as inflation crisis reaches new heights

Russia is locking up butter as inflation crisis reaches new heights

Economy

Higher energy bills push UK inflation to 6-month high in October

Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year

Higher energy bills push UK inflation to 6-month high in October
Economy|Food|Lifestyle

Cheaper turkeys help bring down Thanksgiving dinner costs this year

Cheaper turkeys help bring down Thanksgiving dinner costs this year

Cheaper turkeys help bring down Thanksgiving dinner costs this year
Business|Economy|Finance

A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter

Target has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items

A tale of two retailers: Target reports sluggish spending while Walmart has a stellar quarter
Business|Economy|Finance|Food|US

CONSUMER WATCH: HOW MUCH WILL THANKSGIVING FOOD COST?

How much will a Thanksgiving dinner cost this year? Jenn Sullivan looks at how inflation is impacting prices

CONSUMER WATCH: HOW MUCH WILL THANKSGIVING FOOD COST?
Business|Economy|Finance|US

3 urgent tasks awaiting Trump’s pick for Treasury secretary

3 urgent tasks awaiting Trump’s pick for Treasury secretary

3 urgent tasks awaiting Trump’s pick for Treasury secretary
Economy|Finance|US

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers
Food|Travel

Thanksgiving grocery prices might be high. But road trip costs shouldn’t be

Thanksgiving grocery prices might be high. But road trip costs shouldn’t be

Thanksgiving grocery prices might be high. But road trip costs shouldn’t be
Business|Economy|Finance|Stock Markets|US

US auto sales set to rise in November amid steeper discounts, report shows

New vehicle sales in the U.S. are projected to have risen 6.7% in November from a year earlier, driven by higher discounts to clear elevated inventory, according to a joint report by

US auto sales set to rise in November amid steeper discounts, report shows
Business|Economy|Finance|Stock Markets

Spooked by trade tensions, global stocks to deliver tempered gains in 2025: Reuters poll

Most major stock markets will fail to even repeat this year's lacklustre performance in 2025 based on the prospect of global trade tensions and a worsening

Spooked by trade tensions, global stocks to deliver tempered gains in 2025: Reuters poll
Business|Economy|Finance

Russian central bank intervenes as rouble tumbles past 110 to the dollar

Russia's central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial markets after the

Russian central bank intervenes as rouble tumbles past 110 to the dollar
Economy|Finance|US

US economy holds firm in early Q4; inflation stuck above Fed's target

U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth

US economy holds firm in early Q4; inflation stuck above Fed's target
Election|US

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary

President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary

Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
Economy|Food|Health

Eggs are available -- but pricier -- as the holiday baking season begins

Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season

Eggs are available -- but pricier -- as the holiday baking season begins
Economy|Europe|US

ECB's Villeroy: Trump policies impact on euro inflation to be limited

The new Trump administration's economic policies in the U.S. may have a "relatively limited" effect on European inflation but could have a more noticeable impact on long-term

ECB's Villeroy: Trump policies impact on euro inflation to be limited
Economy|Finance

Brazil inflation overshoots forecasts, economists see higher rate hikes

Brazil's consumer prices rose more than expected in the month to mid-November, data from statistics agency IBGE showed on Tuesday, fueling bets that the central bank may

Brazil inflation overshoots forecasts, economists see higher rate hikes
Asia|Australia|Business|Economy|Finance|World

Australia monthly inflation steady in October, core ticks higher

Australia's consumer price inflation rate stayed at a three-year low in October as government rebates drove electricity and rent prices down, though core inflation picked up in a

Australia monthly inflation steady in October, core ticks higher
Africa|Economy|Finance

Mozambique central bank cuts key rate for sixth time in 2024

Mozambique's central bank cut its main interest rate by 75 basis points on Wednesday, the sixth cut in a row, as inflation remains subdued in the southern African country.

Mozambique central bank cuts key rate for sixth time in 2024
Economy|Finance|Stock Markets|US

Dollar falls amid economic data dump before long weekend

The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while investors assessed

Dollar falls amid economic data dump before long weekend
Economy|Europe|Finance

ECB will keep cutting rates and focus shifting to growth, VP says

The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de

ECB will keep cutting rates and focus shifting to growth, VP says