Indonesia's central bank cut its key interest rate on Wednesday as the market expected, resuming its monetary easing to support the slowing
May 21, 2025
President Donald Trump's approval rating ticked slightly lower this week to 42%, matching the lowest level of his new term as Americans kept a dour view of his
May 20, 2025
Global retailers including sandal maker Birkenstock and jeweller Pandora are looking at spreading the cost of U.S. tariffs by raising
May 20, 2025
Bank of England Chief Economist Huw Pill said the BoE's pace of interest rate cuts had been too fast given still strong wage pressures on
May 20, 2025
Brazil's economy powered through the first quarter, defying high borrowing costs thanks to a bumper grain harvest and growth in the industrial sector, central bank
May 19, 2025
Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a reduction begun in April as inflation remains relatively
May 19, 2025
Japan will not resort to tax cuts funded by additional debt issuance, Prime Minister Shigeru Ishiba said on Monday, pushing back against political pressure to loosen
May 19, 2025
The Bank of Japan will continue to raise interest rates if the economy rebounds from an expected hit from higher U.S. tariffs, the central bank's deputy governor
May 19, 2025
The European Central Bank may need to cut interest rates to "slightly below" 2% as global trade tensions pose downside risks to inflation and growth, Belgium's central bank governor, Pierre
May 18, 2025
President Donald Trump has ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs
May 17, 2025
Malaysia's economy grew 4.4% in the first quarter of 2025 from a year earlier, slower than the previous quarter, with the central bank
May 16, 2025
The Bank of Mexico lowered its benchmark interest rate by 50 basis points for the third consecutive meeting on Thursday, as inflation remains within the
May 15, 2025
The U.S. economy is showing signs of strain, with experts raising concerns about a potential recession in 2025. Key indicators, including GDP growth, consumer confidence, and corporate performance, are pointing to a slowdown. The U.S. economy contracted by 0.3% in the first quarter of 2025, a sharp contrast to the 2.4% growth in the previous quarter. Economists had anticipated a modest 0.4% growth, highlighting the unexpected downturn. Concurrently, inflation is on the rise, with the Federal Reserve projecting a 2.7% increase in prices this year, up from an earlier estimate of 2.5%. President Donald Trump’s announcement of reciprocal tariffs on
May 16, 2025
One in 10 people in Britain have zero cash savings to draw on in an emergency, according to figures published on Friday by the UK's top financial watchdog, in
May 15, 2025
U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump’s sweeping taxes on imports
May 15, 2025
With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, Federal Reserve Chair Jerome Powell
May 15, 2025
Trump’s tariffs are changing the way Americans spend
May 15, 2025
Japanese Prime Minister Shigeru Ishiba's economic advisory panel recommended investment of $400 billion to boost productivity at smaller firms, a crucial segment in
May 14, 2025
TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Risk assets extend gains Stocks, oil and bond yields
May 13, 2025
Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze on American households and businesses in coming
May 13, 2025
NEXT examines the layered challenges small business owners face in 2025: the threat of inflation, uneven consumer demand, and growing labor pressure.
May 12, 2025
Some of the world's major currencies will try to compete with the dollar on the global stage and could even attract some investor flows but the dollar will stay the world's key
May 13, 2025
Concerns for the safe haven status of U.S.
May 13, 2025
Bank of England Chief Economist Huw Pill said on Tuesday that he was worried that inflation in Britain could prove stronger than expected by the central bank and interest rates might
May 13, 2025
The European Central Bank will stand by its aggressive stimulus policy of the last decade in a strategy review, side-stepping calls for self
May 13, 2025
The U.S.-China deal to lower the most aggressive import tariffs between the world's two largest economies could lessen the impact of their
May 12, 2025
Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was worried
May 12, 2025
Euro area benchmark Bund yields hit a fresh one-month high and markets reduced bets on European Central Bank interest rate cuts on Monday as an easing in trade and
May 12, 2025
The European Central Bank should stop cutting borrowing costs as turmoil in the global economy is fuelling price pressures and inflation was at risk of exceeding the bank's 2% target in the
May 09, 2025
President Donald Trump's unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient
May 09, 2025
U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S.
May 08, 2025
Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks disinflationary currency strength
May 08, 2025
The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration
May 08, 2025
A recovery in the currently subdued U.S. residential construction market will inevitably take longer due to interest rates and inflation potentially staying higher for longer, the
May 08, 2025
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, though with an unexpected three-way split among policymakers as U.S.
May 08, 2025
The Bank of England is poised to extend its slow run of interest rate cuts on Thursday with investors watching for any signs that it could soon pick up the pace
May 07, 2025
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen
May 06, 2025
Britain's services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according to a
May 06, 2025
Malaysia's central bank will hold its key interest rate steady on Thursday but is expected to lower it by 25 basis points in the last three months of the year to
May 05, 2025
Brazilian Finance Minister Fernando Haddad said on Monday the country has the conditions to grow at an average pace of 3% per year, which is the goal of President Luiz Inacio Lula da
May 05, 2025
Christian Bialogurski, 35, often spends 12 hours a day teaching communications classes at schools in the Buenos Aires suburbs, sometimes not eating until he
May 05, 2025
The Federal Reserve will doubtless leave interest rates unchanged on Wednesday, but the meeting may be the last where the outcome is so cut and dry with President Donald
May 05, 2025
The Hungarian government's budget plans for the 2026 election year could be at risk if its economic growth assumptions prove too optimistic, the head of budget
May 04, 2025
There is reason to be optimistic about the European Central Bank's current phase of rate cuts continuing, Vice President Luis de Guindos said in an interview to be published in the
May 02, 2025
(This May 1 story has been corrected to remove references to dwindling demand for its safety and security services in paragraph 1, and to businesses and government agencies cutting tech budgets in
May 01, 2025
Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected
May 01, 2025
Lackluster quarterly results from consumer-facing companies including McDonald's and Harley-Davidson are the latest sign that American shoppers are curbing spending amid
May 01, 2025
Pringles maker Kellanova missed market expectations for first-quarter net sales on Thursday, as consumer spending weakened in the company's biggest market due to inflation.
May 01, 2025
Canadian manufacturing activity contracted in April at the steepest rate since shortly after the start of the COVID-19 pandemic as the uncertain nature of U.S. trade
May 01, 2025
Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness