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Today: May 07, 2026
Today: May 07, 2026

inflation

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Fed's Goolsbee: AI success would be 'lovely,' but Fed would still need to watch for overheating

Even if artificial intelligence is as transformative as advertised the U.S.

Fed's Goolsbee: AI success would be 'lovely,' but Fed would still need to watch for overheating
Economy|Political|World

Serbia secures IMF approval for next stage of reform program

The International Monetary Fund and Serbia have reached a staff-level agreement on the third review under a 36-month arrangement to help support economic reforms in the

Serbia secures IMF approval for next stage of reform program
Americas|Business|Economy|Finance|Political|Stock Markets|World

Argentina should approach markets with lower interest rates, official says

Argentina should approach the markets with lower interest rates, the country's Secretary of Economic Policy, Jose Luis Daza, said Wednesday during an event.

Argentina should approach markets with lower interest rates, official says
Business|Economy|Europe|World

ECB wage tracker shows stable wage growth ahead

Euro zone negotiated wage growth trends are largely unchanged since the start of the Iran war, the European Central Bank's wage tracker showed on Wednesday, offering

ECB wage tracker shows stable wage growth ahead
Business|Economy|Europe|World

UK services firms report sharpest rise in costs since late 2022

British services firms last month reported the sharpest acceleration in cost pressures in three-and-a-half years as the Iran war drove up prices for fuel and raw materials, a

UK services firms report sharpest rise in costs since late 2022
Business|Economy|Finance|World

Russian services confidence drops to 40-month low, PMI shows

Russia's services sector contracted for a second straight month in April as weak client demand led to declines in output and new sales, while business confidence plumbed a 40

Russian services confidence drops to 40-month low, PMI shows
Economy|Europe|Political|World

Romania’s pro-European coalition collapses after prime minister fails a no-confidence vote

Romania’s pro-European coalition has collapsed after lawmakers voted in favor of a no-confidence motion against Prime Minister Ilie Bolojan

Romania’s pro-European coalition collapses after prime minister fails a no-confidence vote
Business|Economy|Finance|World

All eyes on job market as Fed's rate-cut window narrows

The release of the U.S. employment report later this week will serve as a test of whether the economy remains resilient enough to keep the Federal Reserve's

All eyes on job market as Fed's rate-cut window narrows
Business|Economy|Finance|Stock Markets|World

Canada's services PMI hits six-month high but sector remains in contraction

The downturn in Canada's services economy eased in April as the level of new business increased despite concerns about tariffs and the war in the Middle East

Canada's services PMI hits six-month high but sector remains in contraction
Economy|Political|US|World

Sherrod Brown's Ohio victory anchors Democrats' bid to reclaim US Senate

Former U.S.

Sherrod Brown's Ohio victory anchors Democrats' bid to reclaim US Senate
Business|Economy|Finance|Political|Stock Markets|World

Australia's central bank set to cool its heels after rapid-fire rate hikes

Australia's central bank lifted rates for a third time this year on Tuesday, returning borrowing costs to post-pandemic highs and warning that

Australia's central bank set to cool its heels after rapid-fire rate hikes
Business|Economy|Finance|Stock Markets|US|World

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026

Barclays on Monday joined a growing list of brokerages to bet on no policy easing from the U.S.

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026
Business|Economy|Europe|World

Euro zone firms see new inflation surge if war lasts months, ECB poll shows

Euro zone firms see the risk of a new inflation surge akin to that seen after the COVID-19 pandemic if the war in Iran lasts months, disrupting the supply of fuel,

Euro zone firms see new inflation surge if war lasts months, ECB poll shows
Business|Economy|Political|World

Kashkari says Iran war limits Fed's ability to provide rate guidance

By Michael S.

Kashkari says Iran war limits Fed's ability to provide rate guidance
Business|Economy|Finance|World

Recent inflation data was 'bad news,' Fed's Goolsbee says 

Inflation data last week was "bad news" for the U.S.

Recent inflation data was 'bad news,' Fed's Goolsbee says 
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
Business|Economy|Finance|Stock Markets|US|World

US manufacturing sector holds steady in April; input costs hit 4-year high

U.S. manufacturing activity held steady in April, but supplier delivery performance worsened as the war in the Middle East disrupted shipping in the

US manufacturing sector holds steady in April; input costs hit 4-year high
Business|Economy|Finance|Stock Markets|World

Big central banks say rate hikes are getting closer

Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy

Big central banks say rate hikes are getting closer
Economy|Finance|Stock Markets|World

Bank of England holds rates, warns of inflation threat from Iran war

The Bank of England kept interest rates on hold on Thursday and set out a range of possible economic impacts from

Bank of England holds rates, warns of inflation threat from Iran war
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

Inflation hits 3% in Europe as Iran war spreads oil price shock
Business|Economy|Finance|Stock Markets|World

Stagflation risks stacking up as Iran war enters third month

Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of

Stagflation risks stacking up as Iran war enters third month
Business|Economy|Finance|Stock Markets|World

Central bank hawks spook bonds, tech untroubled

A look at the day ahead in European and global markets from Stella Qiu Jerome Powell's parting gift as Fed Chair was a proper hawkish tilt - the U.S. central bank held interest rates steady but in the

Central bank hawks spook bonds, tech untroubled
Business|Economy|Finance|Political

Powell's tenure as Fed chief, bookended by Trump, draws to a close

On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia

Powell's tenure as Fed chief, bookended by Trump, draws to a close
Business|Economy|Finance|World

India economy resilient but faces rising risks from Mideast war, government report says

India's economy remains resilient but faces mounting risks from the Middle East conflict, which has disrupted supplies of

India economy resilient but faces rising risks from Mideast war, government report says