A smooth 'last mile' to 2% inflation may not be a stretch for Fed
By Howard Schneider WASHINGTON Pessimists watching the Federal Reserve battle inflation have focused on the so-called "last-mile" problem,
2023-08-14 18:17
Singapore Warns of ‘Unpredictable’ Risks Amid US-China Tensions
Singapore’s prime minister-in-waiting called for the global economy to be “prepared for the unpredictable,” amid strained relations between
2023-08-14 17:51
Italy’s Mount Etna Eruption Forces Closure of Catania Airport
Mount Etna, one of world’s most active volcanoes, started erupting on Sunday forcing a suspension of flights at
2023-08-14 17:50
Germany’s Economy Seen Stalling for Remainder of the Year
Germany’s economy — still reeling from a winter recession — will barely expand in the second half of
2023-08-14 17:27
Thinking of buying a new pair of jeans? Breaking down the cost over time might help you decide
Shoppers are looking beyond just the price tag of a skirt or a pair of pants in the wake of still stubbornly high inflation
2023-08-14 17:15
Stock market today: Global markets mixed after stronger US inflation revives fears of rate hike
Global stock markets are mixed after stronger U.S. inflation revived worries the Federal Reserve might hike interest rates again
2023-08-14 16:53
IPhone Maker Hon Hai Cuts Outlook as Electronics Demand Weakens
Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a
2023-08-14 16:50
Heat Builds in Germany This Week as Iberia Finally Gets Cooler
Large parts of Germany will be hotter than normal through this week, driving up energy demand for cooling
2023-08-14 16:28
Daimler Truck starts search for new CFO after sudden death
BERLIN Daimler Truck on Monday said that management board chairman Martin Daum would take over as chief financial
2023-08-14 16:23
Sasol Slumps as It Flags Profit Hit From South African Snarl-Ups
Sasol Ltd. shares dropped the most in five months after the fuels and chemicals producer said the poor
2023-08-14 16:15
Shanghai Police Detain Woman Over Alleged Forex Crimes
Shanghai police have detained five people for illegal trading of foreign exchange, state media reported Thursday without giving
2023-08-14 15:58
China's Country Garden suspends trading of onshore bonds amid talk of debt restructuring
Country Garden, one of China's top property developers, suspended trading in 11 of its onshore bonds on Monday, adding to speculation the company may be preparing to restructure its debt as it struggles to raise enough cash in time to avoid default.
2023-08-14 15:57