Economic News
-
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since March
-
Federal Reserve is set to cut key rate but consumers might not feel much benefit anytime soon
Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards
-
Stellantis pledges invest $2.1 million in Italian production in 2025 during talks with government
The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain
-
Event promoters, hotels and lodging sites soon will have to disclose extra fees up front
The Federal Trade Commission says it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices
-
Canada's finance minister resigns as unpopular Trudeau faces biggest test of his political career
Canadian Prime Minister Justin Trudeau is facing the biggest test of his political career following the resignation of Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers
-
Biden establishes a national monument for Frances Perkins, the 1st female Cabinet secretary
President Joe Biden has signed a proclamation establishing a national monument honoring the late FDR-era Labor Secretary Frances Perkins
-
Senate report alleges Amazon rejected warehouse safety recommendations due to productivity concerns
A U.S. Senate committee says at least two internal Amazon studies have found a relationship between worker speed and injuries in the online retailer's warehouses
-
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting
-
Isak Andic, founder of Spanish fashion brand Mango, dies in accident, aged 71
Isak Andic, the founder of Spanish fashion brand Mango, has died after suffering an accident, the company said in a statement
-
Stock market today: Wall Street ends mixed after a bumpy week
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week
- More Economic News »