The U.S. dollar weakened on Friday, marking its first weekly decline in five weeks against major currencies like the euro and ...

The RBA cut its cash rate by 25 bps to 3.85%, citing moderating inflation and heightened global uncertainty as key reasons ...

Wall Street bounced between small gains and losses as markets await retail sector data and hints from the Fed.

The Federal Reserve has been playing a waiting game for months. A lot has changed this week. And the Fed will probably just ...

What Bloomberg Economics Says: “Why is consumer price inflation so moderate even though the costs of tariffs have been borne mostly by the US side? We think it’s because demand is slowing ...

But Trump abandoned his earlier demand that Russia agree to a 30-day ceasefire, instead calling on Ukraine to attend the peace talks without preconditions. For months, Ukraine and its allies tried ...

The numbers: The cost of U.S. goods and services was flat in March and put the Federal Reserve closer to its 2% inflation target, but tariffs and trade wars threaten to undo the latest progress.

The numbers: U.S. companies added 62,000 jobs in April, the ADP National Employment Report showed on Wednesday. This is the lowest amount since last July. Greg Robb is a senior reporter for ...

The Philadelphia Phillies have gotten hot over the last several weeks coming off a disastrous start, winning nine of their last 11 since dropping five in a row. Coming off a start to the season ...

He expects those sentiments to translate real economic pain in the near future. "I expect tariffs to lead to higher inflation in the United States and lower growth both in the United States and abroad ...

(Reuters) -U.S. President Donald Trump's trade policies will likely lift inflation, lower growth, and raise unemployment later this year, Federal Reserve Governor Michael Barr said, leaving ...

Inflation mechanisms can be classified into three types: demand-pull inflation, cost-push inflation, and built-in inflation (Investopedia, 2022). When an increase in the money supply increases overall ...