China, inflation could pop Japan PM’s bubble
Charming Donald Trump one week, angering China the next, Japan’s Prime Minister Sanae Takaichi has had a busy start and is riding high in the polls, all on a few hours of sleep a night. But the honeymoon may end soon for the Margaret Thatcher-admiring premier, if the current spat with China escalates further and […]
Return to bad days of hyperinflation looms in Venezuela
Venezuelans are grappling with political and economic chaos, a mass population exodus and fears of a US military attack. Now, their wallets are ever thinner as a return to hyperinflation looms. Increasingly, people live hand to mouth, buying a tomato here, a few onions there as they manage to scrape together enough bolivars for just […]
US Fed’s favored inflation gauge cools in September
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. The tech giant saw quarterly revenue of $94.9 billion in the three months ending September 28, up from the same period last year, in a closely watched report as investors […]
Inflation Dips to 4%, Lowest Level in Two Years
Consumer prices rose 0.1% in May, their lowest annual pace of increase in two years as lower energy contributed to the easing, the Labor Department reported on Tuesday. Year over year, the rate of inflation dipped to 4% from 4.9% in April. Excluding often volatile food and energy costs, the core CPI rose 0.4%, or […]
