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  Category: Economy

Economy

Economy

German inflation eases to hotter-than-expected 2.1% in May

May 31, 20250

19 May 2025, Berlin: Apricots are sold at a greengrocer for 7.98 euros per kilogram. Grapes and papaya are also on offer.Photo by Jens Kalaene/pi...

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Economy

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

May 30, 20250

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer pric...

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Economy

Credit default swaps are back in fashion — even if the panic might be overblown

May 29, 20250

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | Afp | G...

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Economy

Elon Musk says Trump’s spending bill undermines the work DOGE has been doing

May 28, 20250

U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk's son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on ...

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Economy

Trump clears Nippon merger with U.S. Steel

May 24, 20250

A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024.Justin Merriman | Bloomberg | Ge...

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Economy

Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs

May 23, 20250

Companies in March accelerated their orders for big-ticket long-lasting goods ahead of President Donald Trump's aggressive tariffs on U.S. import...

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Economy

Bank of England chief focused on tariff ‘growth shock’ but downplays UK recession risk

May 22, 20250

The Bank of England is focused on the potential impact of U.S. tariffs on U.K. economic growth if there is a slowdown in global trade, the centra...

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Economy

Trump insists bond market tumult didn’t influence tariff pause: ‘I wasn’t worried’

May 21, 20250

US President Donald Trump speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Oval Office of the White House ...

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Economy

Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China

May 20, 20250

Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its r...

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Economy

Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit

May 19, 20250

Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, on May 12,...

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