The personal consumption expenditures price index (PCE), the Fed’s preferred measure of inflation, showed that the rate at which prices rose for goods and services last month was 2.2% — below ...

The Fed’s favorite inflation gauge, the Personal Consumption Expenditures price index, showed consumers paid 2.2% more for goods and services for the year ended in August, versus 2.5% in July.

Global benchmark Brent closes at highest since Sept 2 Storm Helene seen missing most U.S. offshore oil regions OPEC rolls out outlook to 2050, with growing demand from developing world Sept 24 ...

The deficit is likely to be targeted at 3.2% of GDP in 2025, more ambitious than a previous 3.6% goal agreed with European Union authorities. The figures factor in revisions to economic growth ...

Oil prices sank more than 2% on Thursday after the Financial Times reported Saudi Arabia is determined to start unwinding voluntary production cuts starting Dec. 1, even if it leads to a ...

Oil jumped nearly 2% on Tuesday before paring gains after China announced its biggest stimulus package since the early days of the pandemic, raising prospects of increased demand. On Tuesday ...

Nike still has abundant opportunities in a $300 billion-plus sportswear market. Starbucks' new CEO should guide the stock to great returns in the coming years. Nike is the top brand in an ...

Further cuts of half a percentage point each time followed on Feb. 8, March 20, May 2 and June 27. Another cut by a quarter of a percentage point came on Aug 1. The size of the Czech economy was ...

Meanwhile, cost savings and optimizations will add another 1% to 2% to its bottom line each year. On top of that, Enbridge has meaningful additional investment capacity it could deploy to add ...

John Hawkins was formerly a senior economist and forecaster in the Reserve Bank and the Australian Treasury. A closely watched measure of Australian inflation dived in the month of August ...

During the first six months of 2024, the gross written premiums increased by 31.2 per cent year on year in H1 2024 to Dh35.7 billion, mostly due to an increase in property and liability insurance ...

The bank noted that the average mortgage approval for house purchase was €318,300 in July, up 6.2%. Bank of Ireland said this pointed to further house price gains, driven by rising wages and ...