Economic News
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Meet the man behind the UK sanctions regime
“It feels a little bit like on variety TV shows years ago. You had those people who spin plates, and…
Read More » - Market
U.K. inflation surges to 40-year high of 9% in April
U.K. annual inflation reached a four-decade high of 9% in April as higher energy prices fed through households’ utility bills,…
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UK Inflation Accelerated to 40-Year High of 9% in April
By Xavier Fontdegloria U.K. annual inflation reached a four-decade high of 9% in April as higher energy prices fed through…
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Here’s what a modern Volcker-style inflation fight could look like, SocGen says
Federal Reserve Chairman Jerome Powell has begun talking about a “softish landing” for the economy as the central bank squares…
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Fed’s Evans says aggressive rate hikes needed to tame inflation
Federal Reserve Bank of Chicago President Charles Evans said Tuesday that aggressive central bank rate rises are needed to get…
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‘This is a daunting time to retire’: In the age of inflation, there are steps you can take to deal with higher prices
For the last two decades, retiree Brad Hansen hasn’t worried too much about inflation and the loss of purchasing power.…
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Dow jumps over 300 points after retail sales data as investors await Fed’s Powell
U.S. stocks were in bounce mode Tuesday as retail sales for April suggested the economy remained healthy and investors awaited…
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U.S. retail sales climb in April in a show of economic strength
The numbers: Sales at U.S. retailers rose a solid 0.9% in April and pointed to a steadily growing economy. Auto…
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Dow futures up nearly 500 points ahead of retail sales and comments from Fed’s Powell
U.S. stock index futures surged on Tuesday, with the technology sector leading the way higher ahead of a batch of…
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Remote work has fueled U.S. house prices during the pandemic — so what happens when people return to the office?
Remote work has played a big part in the rise in house prices in the U.S. during the first two…
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