Tag: Prices
Delicate task for Fed: When to pull back on low-rate support
WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first...
In Lebanon, a search for medicine and a stranger’s help
To all the struggles of life in Lebanon — the pandemic, the power outages, the inflation, the punishing financial and political crises — add...
Europe’s stimulus likely to keep running as economies reopen
FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...
Lobster lovers feeling the pinch as summer nears
PORTLAND, Maine — Summer weather has arrived, and New England tourists are hungry for a lobster roll or a whole cooked lobster — but...
This Week: Consumer credit, GameStop earns, consumer prices
A look at some of the key business events and economic indicators upcoming this week:
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Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
US economy: Plenty of growth, not enough workers or supplies
WASHINGTON — The U.S. economy is sparking confusion and whiplash almost as fast as it’s adding jobs.
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Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
Turkish lira dips to record low over Erdogan rate comments
ANKARA, Turkey — The Turkish lira dipped to new record lows on Wednesday after President Recep Tayyip Erdogan rattled investor confidence by saying he...
Eurozone inflation rebounds to 2.0% on higher energy prices
FRANKFURT, Germany — Eurozone inflation rose to 2.0% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued....