The World Bank warns that escalating conflicts in the Middle East could push oil prices over $100 a barrel, potentially increasing the recent decline in global inflation and worsening economic challenges worldwide.
inflation
A new survey revealed that 85% of Americans who max out their credit cards blame the U.S. economic inflation.
Small business optimism has reached its lowest level since 2012 as inflation fears persist.
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021.
McDonald's admits losing customers because lower-income Americans prefer to cook at home instead of dining out.
A notable shift is occurring in the ongoing blame game surrounding inflation, with voters increasingly pointing fingers at big corporations rather than to President Joe Biden.
Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.
Despite being the lead home improvement company, Home Depot is feeling the effect of high mortgage rates and inflation after a weak sales report and forecast.
The central bank of Hungary is expected to press ahead with monetary easing in 2024 due to the sharp drop in inflation last month.
Russian President Vladimir Putin has issued a rare apology for Russia's inflation problem, which resulted in the soaring of egg prices this week.
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
The traditional Thanksgiving gathering is poised to become more accessible to households nationwide as the American Farm Bureau Federation reported a downward trajectory in turkey prices.
Elliot management warns investors of a high possible rapid inflation.
Nordic Business Council Philippines (NBCP) issued its 2016 annual report on Philippine and challenges in the trade and investment sectors. Meanwhile the Central Bank expected a strong growth in the economy.
The world-biggest asset management firm, BlackRock Inc warned that withdrawal from EU will damage financial sector in the UK. The nation will face higher unemployment and inflation if Brexit's decision is taken.
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