Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes
admin The numbers: The U.S. cost of living fell 0.1% in December and posted the first…
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Recessions always spur big layoffs, but the Fed thinks this time might be different
Can the Federal Reserve slow the economy and crush high inflation without triggering mass layoffs?…
Read MoreEU lowers 2023 growth outlook, raises nflation forecasts as war in Ukraine takes toll
The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts…
Read MoreEU lowers 2023 growth outlook, raises nflation forecasts as war in Ukraine takes toll
The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts…
Read MoreHomebuilder Persimmon’s shares hit by sales drop, warning over ‘deteriorating’ economic outlook
Stock in giant U.K. homebuilder Persimmon tumbled on Tuesday after the FTSE 100 company posted…
Read MoreFed approves another jumbo interest-rate hike, but also signals go-slower strategy
The Federal Reserve on Wednesday approved the fourth straight jumbo increase in a key U.S.…
Read MoreHuntington Bancshares takes long view as other banks scramble on mortgages, auto loans and lower deposits
Huntington Bancshares Corp. stock rallied Friday as the financial-services company raised its outlook for net…
Read More100% probability of U.S. recession in next 12 months, according to new forecast
The U.S. economy falling into recession within the next 12 months is a virtual certainty,…
Read MoreNew U.K. Treasury chief Jeremy Hunt delays personal income tax cut
New U.K. Chancellor of the Exchequer Jeremy Hunt is to delay a cut in personal…
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Why risk of lower 2023 earnings spells bad news for stock market as inflation crushes Fed-pivot hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes…
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