Inflation

Business

Global stocks higher after Fed says rate hikes may be needed

BEIJING — Global stock markets and Wall Street futures gained Thursday after lower oil prices helped to offset fears about…

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USA

U.S. stocks rise as Fed admits more rate hikes could weaken economy

Wall Street capped off another choppy day of trading Wednesday with modest gains for the major stock indexes, after investors…

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Politics

Fed says sharply higher rates may be needed to quell inflation

Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and signaled that…

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Business

Fed sees ‘more restrictive’ policy as likely if inflation fails to come down, minutes say

Federal Reserve officials in June emphasized the need to fight inflation even if it meant slowing an economy that already…

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Africa

Pork prices sizzle, sales improve as cost of lamb and beef soars

The Money Show’s Bruce Whitfield interviews Arnold Prinsloo, CEO of pork brand Eskort. As consumers batttle to keep up with…

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Business

Sri Lanka’s crisis rings alarm for other troubled economies

BANGKOK — Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed…

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USA

Americans are eating into their pandemic savings to handle inflation

Americans are tapping into substantial savings they’ve accumulated over the course of the pandemic, amid soaring inflation that’s sending the…

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USA

Pelosi Vita: Speaker, DUI hubby cavort at Italian resort owned by Andrea Bocelli

The Pelosis may want to skip the wine tasting this time. A little more than a month after House Speaker…

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Business

US stocks, crude oil prices fall as markets extend slump

NEW YORK — Stocks fell broadly in morning trading on Wall Street Tuesday, extending a slump for the major indexes…

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Movies

Small businesses are hit with back rent demands amid high inflation

The rent has come due for America’s small businesses and at a very inopportune time. Landlords were lenient about rent…

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