Diesel's surge is starting to push other prices around. Here's how
The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a
October 16, 2026The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a
October 16, 2026Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that data this week showing stronger-than-expected consumer and producer price inflation has been "
October 15, 2026High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now
October 15, 2026Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays
October 15, 2026High mortgage rates are deepening a ‘K-shaped’ housing market
October 15, 2026US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major
October 15, 2026Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms
October 15, 2026Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,
October 15, 2026US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'
October 15, 2026The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed
October 15, 2026Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.
October 15, 2026(Corrected the capitalization in the company name CoreWeave.)
October 15, 2026The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank
October 15, 2026China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup
October 15, 2026UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-
October 15, 2026Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's
October 15, 2026A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief
October 15, 2026The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a
October 15, 2026Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had
October 15, 2026The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve
October 15, 2026The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest
October 14, 2026US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and
October 15, 2026The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries
October 14, 2026UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter
October 14, 2026U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections
October 14, 2026Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE)
October 14, 2026A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise
October 14, 2026The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower
October 14, 2026Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to
October 03, 2023By Michael S.
October 14, 2026By Michael S.
October 14, 2026Wall Street's investment banking and trading stalwarts posted uneven third quarter earnings as both equity and bond markets were rocked by the ongoing Iran war, rising inflation and
October 13, 2026The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially
October 14, 2026World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate
October 13, 2026Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI
October 13, 2026Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden
October 13, 2026Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial
October 13, 2026The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US
October 13, 2026US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels
October 13, 2026Domino's Pizza on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in
October 13, 2026Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting
October 13, 2026Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on
October 13, 2026The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East,
October 13, 2026The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown
October 13, 2026The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift
October 13, 2026Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may
October 13, 2026Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US
October 12, 2026Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in
October 12, 2026Victor Martinez runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley and talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s midterm election
October 12, 2026Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have
October 12, 2026The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment
October 12, 2026What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Diesel dominated another weekend of noisy geopolitics, with confusion
October 12, 2026Fed officials are warning of more pain. Many Americans are already feeling it
October 12, 2026British finance minister John Healey will need to find £36 billion ($47.6 billion) in tax hikes or welfare cuts in his first budget just to offset the
October 12, 2026Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy
October 11, 2026The exit from the COVID-19 pandemic raised incomes and wealth for most US households, with income gains concentrated among the less well off, but a
October 09, 2026With midterms approaching, Americans’ confidence in the economy is in a tailspin
October 09, 2026Bank for International Settlements General Manager Pablo Hernandez de Cos said on Friday that the surge in energy prices from the Iran war has had moderate second-round
October 09, 2026Could bond market pain be contagious?
October 09, 2026Malaysia will raise minimum wages and expand tax relief measures next year, as the government looks to address rising living costs
October 09, 2026Some 78% of Americans blame President Donald Trump's policies for rising prices that are outpacing their earnings,
October 09, 20267-Eleven Inc, the North American arm of 7-Eleven convenience stores and gas stations, is considering moving parts of its supply chain in-house in a bid to cut
October 09, 2026The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt,
October 09, 2026Singapore is expected to tighten monetary policy at a scheduled review on Wednesday as robust growth and inflation risks bolster the case
October 09, 2026Some sharp reversals kept financial markets unsteady, as oil prices rose and U.S. stock indexes swung
October 08, 2026The European Commission pushed back on Thursday against Italian and Greek requests to grant euro zone governments more fiscal leeway related to higher inflation caused by
October 09, 2026US Treasuries rose on Thursday, with most yields across the curve falling for just the second time this week, after a 30-year bond auction met
October 08, 2026The dollar retreated on Thursday as a rise in euro zone bond yields stalled, while expectations for the path of interest rates from the Federal Reserve
October 08, 2026Governments need to redouble efforts to restore confidence in their public finances, Bank of England Governor Andrew Bailey said on
October 08, 2026The German government has raised its economic growth forecasts for this year and next, as the Iran war is not hurting the economy as much as feared, the
October 08, 2026Nigeria's economy is expected to grow by an average of 4.4% a year through 2028, with inflation and poverty declining if the government sustains reforms and
October 08, 2026Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in
October 08, 2026The European Central Bank is expected to hold its deposit rate at 2.50% this month but raise it by 25 basis points in December as inflation runs nearly
October 08, 2026Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited
October 08, 2026Bank of England Chief Economist Huw Pill said on Thursday that central banks had to keep their focus on fighting inflation against the backdrop of rising bond yields in
October 08, 2026The Bank of England should not continue to rely on high bond yields to do its job of taming inflation, Monetary Policy Committee member Megan Greene said on Thursday.
October 08, 2026The European Central Bank may have to keep raising interest rates given an abundance of upside inflation risks but the timing and size of any move remain
October 08, 2026US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2%
October 08, 2026The Bank of Japan said price increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices more often,
October 08, 2026Thailand's central bank chief said on Thursday there is no rush to raise interest rates and monetary policy could not address structural issues constraining economic growth.
October 08, 2026Japanese Prime Minister Sanae Takaichi's administration is ramping up efforts to shed its growth and easy money image through changes in
October 08, 2026Britain's labour market showed more signs of recovering last month from its protracted slowdown, with permanent staff placements rising at
October 08, 2026Federal Reserve meeting minutes from last month’s policy meeting noted some officials believe it’s time for the central bank to get ready for bond market stress.
October 08, 2026Levi Strauss raised its annual profit forecast on Wednesday, after benefiting from tariff refunds, as it bets on strong holiday demand for its
October 08, 2026A sea of red swept across global stocks on Wednesday as the bond market selloff picked up again and lifted long-dated US yields to 24-year highs,
October 08, 2026US President Donald Trump, asked by a reporter on Wednesday about mortgage rates, said the Federal Reserve Board "would like to see the country do badly".
October 08, 2026US Treasuries rose in afternoon trading on Wednesday, with yields backing away from their highs as oil prices fell and a strong $39 billion
October 07, 2026Federal Reserve policymakers were divided last month over the rationale for raising interest rates, with "some participants" seeing a hike as needed
October 08, 2026Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from the central bank’s most recent meeting showed
October 08, 2026By Michael S.
October 07, 2026British 30-year bond yields rose to a 28-year high on Wednesday as a global bond selloff pushed equivalent US borrowing costs to their highest since 2002,
October 07, 2026The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections
October 07, 2026Moody's raised its outlook for sub-Saharan African countries to positive on Wednesday, saying reforms had helped them weather inflationary pressures,
October 07, 2026Truckers thought the worst was over. Then diesel prices doubled
October 07, 2026European Union authorities should take rising inflation into account when assessing government deviation from budget goals, Economy Minister Giancarlo Giorgetti said, arguing
October 07, 2026Shares in top European banks fell sharply on Wednesday as a renewed bond selloff and rising oil prices stoked concerns that inflation could reaccelerate, putting further
October 07, 2026A readout on Wednesday of the Federal Reserve's last policy meeting is expected to show a much broader debate than reflected in the unanimous decision
October 07, 2026PepsiCo is running out of time to deliver on the growth and margin targets it set out after activist investor
October 07, 2026The global economy is under threat from persistently high energy prices, record public debt and risks from the AI investment boom, International Monetary Fund
October 07, 2026