Today: October 26, 2026
Today: October 26, 2026

inflation

Arts|Economy|Environment|Europe|Finance

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

Business|Economy

Fed's Goolsbee on inflation: discouraging, but still some optimism

Federal 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 "

Arts|Business|Economy|Finance|World

US consumers are muscling through higher prices, but for how long?

High 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

Business|Economy|Finance

US retail trade group forecasts healthy holiday sales, in part due to inflation

Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays

Business|Economy|Finance

High mortgage rates are deepening a ‘K-shaped’ housing market

High mortgage rates are deepening a ‘K-shaped’ housing market

Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Sports|Technology

US holiday sales growth to speed up as shoppers stay resilient, NRF forecasts

US 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

Business|Economy|Finance

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Arts|Business|Economy

Major brokerages expect next Fed rate hike in December

Global 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,

Business|Economy

US retail sales beat expectations in September on higher gasoline prices

US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The 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

Economy

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

Cash-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.

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Asia|Business|Economy|Finance

China Q3 growth set to pick up on stimulus, keeping 2026 goal within reach: Reuters poll

China'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

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS 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-

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-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

Business|Finance

BoE's Pill says a rate hike need not be start of long series

A 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

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Arts

Australia employment unexpectedly slides in September, jobless at 4.7%

Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Business|Economy|Finance|World

Dollar hits 18-month high, then cools as investors await patient Fed

The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

Business|Economy|Finance|World

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The 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

Business|Economy|Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

UK 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

Business|Economy|Finance

Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.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

Economy|Europe|Finance

Spain's inflation rises at fastest pace in more than three years

Spain'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)

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A 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

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Arts

Fed's Collins sees another rate hike on the table before end of 2026

By Michael S.

Arts|Business

Wall Street banks see deals slow on market jitters but pipeline is strong

Wall 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

Business|Economy|Europe|Finance|Technology

AI limiting European workers' bargaining power, ECB's Lane says

The 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

Arts|Business|Economy|Finance|Science|Technology|World

World stocks dip on AI spending concerns; Brent settles lower

World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

Business|Economy|Political

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Arts|Business|Economy|Finance|Interview|Technology

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal 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

Africa|Americas|Arts|Asia|Australia|Business|Economy|Europe|Finance|MidEast|Science|Technology|World

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The 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

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

Arts|Business|Economy|Entertainment|Finance|Food

Domino's forecasts muted annual same-store sales as competition, cautious consumers weigh on demand

Domino'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

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan'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

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Business|Economy|Finance|Technology

AI investment props up global growth, but war and debt threaten outlook, IMF says

The 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,

Business|Economy|Finance|World

IMF expects gradual BOJ rate hike towards neutral setting

The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown

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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost

The 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

Business|Economy|Finance|Interview|Stock Markets|US

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Asia|Business|Economy|Europe|Finance|Stock Markets

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Business|Economy

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in

Economy|Election|Interview

High prices are testing Latino voter loyalties in a key battleground district

Victor 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

Business|Economy|Finance|Stock Markets|US

Goldman upgrades global equities on earnings optimism

Goldman 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

Business|Economy|Finance|Technology

In the US, a wealth boom and a price shock collide

The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment

Business|Economy|Finance|Stock Markets

Diesel diplomacy

What 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

Business|Economy|Finance

Fed officials are warning of more pain. Many Americans are already feeling it

Fed officials are warning of more pain. Many Americans are already feeling it

Economy|Finance

UK's Healey can't risk a 'steady as you go' budget, think tank warns

British 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

Economy|Finance

Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok

Finance 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

Business|Finance

Fed says household income, wealth, debt stress rose from 2022 to 2025

The 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

Economy|Finance

With midterms approaching, Americans’ confidence in the economy is in a tailspin

With midterms approaching, Americans’ confidence in the economy is in a tailspin

Finance

BIS chief sees moderate second-round inflation effects from Iran war so far

Bank 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

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

Economy|Finance

Malaysia to lift minimum wages, expand tax relief in $112.5 billion 2027 spending boost

Malaysia will raise minimum wages and expand tax relief measures next year, as the government looks to address rising living costs

Arts|Business|Economy|Election|Finance|US

Bipartisan majority of Americans blame Trump policies for rising costs, Reuters/Ipsos poll finds

Some 78% of Americans blame President Donald Trump's policies for rising prices that are outpacing their earnings,

Arts

7-Eleven's US arm looks to move supply chain in-house as inflation bites

7-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

Business|Economy|Finance|Stock Markets

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

The 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,

Asia|Business|Economy|Finance|MidEast

Singapore poised to tighten monetary policy amid strong growth and rising inflation risks

Singapore is expected to tighten monetary policy at a scheduled review on Wednesday as robust growth and inflation risks bolster the case

Arts

Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

Some sharp reversals kept financial markets unsteady, as oil prices rose and U.S. stock indexes swung

Economy|Europe|Political

EU exec rejects Greek, Italian requests for more fiscal rules flexibility

The 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

Business|Economy|Finance|Stock Markets|US

US bonds rally after 30-year auction finds solid demand

US 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

Business|Economy|Finance

Dollar eases as European yields pull back from highs

The 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

Arts|Economy|Finance|World

Bank of England's Bailey says credible budget policy is needed more than ever

Governments need to redouble efforts to restore confidence in their public finances, Bank of England Governor Andrew Bailey said on

Arts

German government raises growth forecasts for 2026 and 2027

The 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

Business|Economy

World Bank sees Nigeria growth averaging 4.4% through 2028

Nigeria'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

Business|Economy|Finance|Stock Markets

Wall Street winces at bond squeeze

Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in

Economy|Europe|Finance

ECB to hike rates again in December as inflation almost doubles 2% target: Reuters poll

The 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

Business|Economy|Finance|Technology

AI boom to fuel Australia inflation despite higher rates, ex-RBA official says

Australia'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

Finance

Bank of England's Pill says central banks must focus on inflation

Bank 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

Business|Economy|Finance

'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says

The 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.

Arts|Economy|Europe|Interview

With inflation risks to upside, ECB may need to hike more, Dolenc says

The 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

Arts|Economy|Finance|MidEast|US

Fed's Waller: More hikes needed, but there is 'flexibility' about the pace

US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2%

Business|Economy|Finance

Bank of Japan sees broadening inflationary pressure

The Bank of Japan said price increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices more often,

Arts|Asia|Business|Economy|Environment|Europe|MidEast

Thai central bank in no rush to raise rates, governor says

Thailand'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.

Africa|Americas|Arts|Asia|Business|Economy|Environment|Europe|Finance|MidEast|World

Japanese PM Takaichi's campaign to shed reflationist image needs substance behind the speeches

Japanese Prime Minister Sanae Takaichi's administration is ramping up efforts to shed its growth and easy money image through changes in

Business|Economy

UK labour market shows more recovery signs in September, KPMG/REC survey shows

Britain's labour market showed more signs of recovering last month from its protracted slowdown, with permanent staff placements rising at

Arts|Economy|Entertainment|Finance|Food|Lifestyle|Opinion|Technology

Fed minutes show some officials want to prepare for market stress

Federal 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.

Business|Economy|Finance|Stock Markets

Levi Strauss lifts annual profit outlook on tariff refunds, holiday demand

Levi Strauss raised its annual profit forecast on Wednesday, after benefiting from tariff refunds, as it bets on strong holiday demand for its

Business|Economy|Finance|Stock Markets

Trading Day: Stocks, bonds in delicate dance 

A 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,

Arts

Trump says Federal Reserve Board would like to see the country do badly

US 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".

Business|Finance

US bonds selloff eases, yields off highs, after strong 10-year note auction

US Treasuries rose in afternoon trading on Wednesday, with yields backing away from their highs as oil prices fell and a strong $39 billion

Arts|Economy|Entertainment|Finance

Fed policymakers divided over rate-hike logic in September, minutes show

Federal Reserve policymakers were divided last month over the rationale for raising interest rates, with "some participants" seeing a hike as needed

Business|Economy|Finance

Fed minutes: Another rate hike likely coming this year to combat persistent inflation

Most 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

Arts|Business|Economy|Environment|Finance|Science|Technology

NY Fed September survey finds public expecting more near-term inflation

By Michael S.

Uncategorized

UK 30-year gilt yields hit 28-year high in global selloff

British 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,

Arts|Economy|Election|Finance

US 30-year mortgage rate hits highest in nearly three years

The 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

Business|Economy|Finance|World

Moody's turns positive on sub-Saharan African countries

Moody's raised its outlook for sub-Saharan African countries to positive on Wednesday, saying reforms had helped them weather inflationary pressures,

Business|Economy

Truckers thought the worst was over. Then diesel prices doubled

Truckers thought the worst was over. Then diesel prices doubled

Economy|Europe

Italy says EU has to weigh inflation when assessing budget deviations

European Union authorities should take rising inflation into account when assessing government deviation from budget goals, Economy Minister Giancarlo Giorgetti said, arguing

Arts|Economy|Europe|Finance|Stock Markets|US

European bank shares fall as bond yields surge, spreads widen

Shares 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

Business|Economy|Finance|Political

Fed minutes could detail rate-hike decision, policy path

A 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

Business|Economy|Finance|Food

PepsiCo running out of time to meet Elliott-inspired targets as GLP-1 threat intensifies

PepsiCo is running out of time to deliver on the growth and margin targets it set out after activist investor

Business|Economy|Science|Technology

IMF chief warns energy shock, growing debt and AI risks threaten global growth

The global economy is under threat from persistently high energy prices, record public debt and risks from the AI investment boom, International Monetary Fund