Wall Street hits record highs as US inflation slows to 3.4%, sparking optimism among investors, although concerns linger about potential consumer spending gaps amid weaker-than-expected retail sales growth.
inflation
US President Joe Biden makes a false inflation claim again. His remarks drew attention and received criticism on social media.
US small business confidence improved in April, but inflation remains a top concern for owners, according to a new survey.
Corporate greed is not the main driver of US inflation, according to a new study released by the Federal Reserve Bank of San Francisco.
The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%.
Concerns about inflation are reducing President Joe Biden's chances of winning reelection, a new poll shows.
Billionaire investor Stanley Druckenmiller expresses dissatisfaction with the Biden Administration's economic policies, criticizing Treasury Secretary Yellen and Fed Chair Powell and blaming rising inflation on government spending.
Citigroup CEO Jane Fraser said she's seeing a "K-shaped consumer" as the U.S. inflation continues. Here's what she meant by that.
Inflation is causing distress among low-income Americans, reflected in reduced consumer spending and heightened price sensitivity, prompting concerns from major corporations like McDonald's.
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.
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.
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