Euro breaks through parity amid concern for U.S. inflation and eurozone energy crisis
admin The euro EURUSD, -0.94% traded below $1 for the first time in 20 years, reflecting…
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U.S. jobless claims rise to highest level since last November
The numbers: Initial jobless claims rose by 9,000 to 244,000 in the week ended July…
Read MoreU.S. wholesale prices surge again and signal inflation is still running hot
The numbers: The cost of wholesale goods and services jumped 1.1% in June, signaling inflation…
Read MoreU.S. jobless claims rise to highest level since last November
The numbers: Initial jobless claims rose by 9,000 to 244,000 in the week ended July…
Read More‘Everyone is talking about inflation, this is a way to combat it’: Democrats urge banks to play a part helping cash-strapped customers
With inflation now running at a 41-year high, Democratic lawmakers say cracking down on bank…
Read MoreBond yields rise as chances of 100 basis point July rate hike by Fed reach 85%
Bond yields rose on Thursday, as traders made more bets the Federal Reserve will sharply…
Read MoreYellen calls inflation ‘unacceptably high’ as she calls on Congress to pass reconciliation bill
Treasury Secretary Janet Yellen called inflation “unacceptably high” as she called on Congress to adopt…
Read MoreEU hikes inflation forecast and cuts growth forecast
The European Commission has raised its inflation forecasts for the eurozone considerably and has slashed…
Read MoreEU Raises Eurozone Inflation Forecasts, Cuts Growth Outlook Due to Ukraine War
By Maria Martinez The European Commission has raised its inflation forecasts for the eurozone considerably…
Read MoreU.S. stock futures slip as traders await bank earnings amid hawkish Fed fretting
U.S. stock futures fell Thursday as the prospect of the Fed responding aggressively to 40-year…
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