Today: September 18, 2026
Today: September 18, 2026

inflation

Business|Economy

Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead

The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, with new U.S. central bank chief Kevin Warsh

Arts|Business|Economy|Finance|Technology|US

Amazon increases minimum starting hourly wage for full-time core operations employees

Online behemoth Amazon said it’s increasing the minimum starting hourly wage for its U.S. full-time core operations employees to $20 ahead of the holiday shopping season

Business|Economy|Finance|Stock Markets|Technology

US stocks slip after the Fed hikes interest rates and hints more increases may be on the way

U.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control

Business|Economy|Finance

US consumers and businesses are now facing a future of more expensive borrowing

The Federal Reserve’s rate hike comes as the US economy is increasingly moving at two very different speeds.

Business|Economy|Political

Warsh says Fed focus to stay on inflation, underlying trends have not meaningfully improved

The Federal Reserve's predominant focus will remain on controlling inflation, Fed Chairman Kevin Warsh said on Wednesday after the U.S. central bank raised rates.

Business|Economy|Finance

Instant View: Stocks pull back after Fed raises rates, points to another hike this year

 The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new US central bank chief Kevin Warsh

Business|Economy|Finance

Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice

The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers

Business|Economy|Finance|US|World

Robust US retail sales underscore economy's resilience, inflation pressures building

U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars,

Business|Economy|Finance

US import prices jump in August on strength in capital, consumer goods

U.S. import prices surged in August amid solid increases in the costs of capital and consumer goods, suggesting inflation could rise further in the coming months.

Business|Economy|Finance

US homebuilder sentiment drops to 12-month low in September

U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on Wednesday.

Arts|Business|Economy|Finance|Lifestyle

Dollarama raises annual sales forecast in Canada as cost-conscious shoppers trade down

Canada's Dollarama raised annual comparable sales growth forecast on Wednesday, as shoppers opt for its cheaper everyday products while contending with higher

Business|Economy|Finance|World

Brazil's July activity falls more than expected ahead of rate decision

Economic activity in Brazil fell by a seasonally adjusted 0.2% in July from the previous month, a central bank index showed on Wednesday, compared with expectations for

Business|Economy|Finance

UK PM Burnham says he will take tough decisions to keep economy on track

British Prime Minister Andy Burnham said he is ready to take the difficult decisions required to ensure the UK economy remains on track, after data on Wednesday showed a

Business|Economy|Finance

Warsh's words may matter more than the anticipated Fed rate hike

The Federal Reserve is expected on Wednesday to hike interest rates for the first time since 2023, a decision driven by stubbornly high inflation

Business|Economy|Finance|Stock Markets|US

A time to hike?

An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.

Business|Economy|Finance

Bond market woes likely a factor for Fed, but intervention seen as unlikely

By Michael S.

Business|Finance

UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year

Inflation in the United Kingdom has risen to a five-month high, an increase that will pressure the Bank of England to hike interest rates again over coming months

Business|Economy|Europe|Finance|Stock Markets

European shares rise as oil pauses ahead of Fed rate decision

European shares edged up from the previous session's three-month low on Wednesday as a pause in the oil price rally lifted risk appetite ahead

Economy

Warsh on collision course with Trump administration

A look at the day ahead in European and global markets from Gregor Stuart Hunter Federal Reserve Chair Kevin Warsh is likely to come out of Wednesday's policy decision bruised one way or another.

Business|Finance

UK inflation hits 3.1% but data offers some relief for BoE

British inflation accelerated to a five-month high of 3.1% in August, but measures excluding surging energy prices held stable, official

Arts|Asia|Economy|Finance

BOJ set to raise interest rates to 31-year high as inflation risks loom

The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major

Economy|World

Japan records a trade deficit for 4th month as oil imports soar

Japan’s trade deficit totaled $7 billion last month, as surging oil prices sent the cost of imports soaring

Business|Economy|Finance|World

Japan August imports jump as oil prices lift costs, exports stay firm

Japan posted its largest increase in imports in nearly four years in August as higher oil prices lifted energy costs, while exports rose for a 12th month

Business|Economy|Finance|Stock Markets

10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision

10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision

Arts|Business|Economy|Finance|Technology

Government bond yields rise, oil gains again as stocks dip

U.S.

Economy

Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says

The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan

Economy|Finance|Stock Markets|Technology|US

Wall Street ends lower as oil spikes and the benchmark Treasury yield breaches 5%

Wall Street extended its selloff on Tuesday, as rising U.S.

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Iran war expected to cause a spike in US inflation, according to budget watchdog

Iran war expected to cause a spike in US inflation, according to budget watchdog

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Iran war has cost the US more than $38B, budget office says

The war against Iran has cost the U.S. more than $38 billion through Aug. 1 and will continue to cost up to $3 billion a month or more

Arts|Economy|Europe|Finance

Key candidates to replace ECB President Lagarde

France could back former Dutch central bank chief Klaas Knot to succeed Christine Lagarde as head of the European Central Bank as part of a bargain in which a French

Business|Economy

American incomes finally top pre-pandemic levels, fighting against inflation all the way

U.S. household income finally topped pre-pandemic levels last year, a stark sign of how the past five years of rising prices have limited Americans’ earnings and purchasing power

Business

Bank of Korea minutes show possible policy rift on back-to-back rate hikes

The Bank of Korea's decision to carry out back-to-back interest rate hikes in August was more contentious than the headline vote suggested, meeting minutes

Business|Economy|Finance|Stock Markets|US|World

Global bond yields hit fresh highs, raising stakes for big borrowers

Government borrowing costs hit their highest level since the 2008 financial crisis on Tuesday, with 10-year U.S.

Economy|Finance|Stock Markets

Morgan Stanley turns more hawkish, forecasts two Fed hikes and ECB move

Morgan Stanley has joined other major Wall Street banks in adopting a more hawkish outlook on interest rates, forecasting U.S.

Economy|Finance|Stock Markets|US

"The house" visits the House

The nervous start to the week for world markets has seen 10-year U.S.

Arts|Economy

Median US income rises to highest on record even as Americans feel affordability pinch

Median US income rises to highest on record even as Americans feel affordability pinch

Science|Technology

Investors nervous about AI spending slowdown after industry warnings

Investors are showing some nervousness over the stock market's AI-led rally after industry leaders called for reining in the pace of development — although some say

Business|Economy|Finance|World

Federal Reserve is expected to raise its benchmark rate, defying Trump's demands

The Federal Reserve is widely expected to lift its short-term interest rate for the first time in three years to fight stubbornly high inflation

Business|Economy|Finance

UK jobs market stays soft before BoE rate call

Britain's jobs market stayed weak with pay growth near a six-year low, the fewest vacancies since 2021 and hiring down, according to data that

Arts|Business|Economy|Finance|MidEast|Stock Markets|US|World

10-year Treasury yield hits 5%, critical threshold for US economy and markets

10-year Treasury yield hits 5%, critical threshold for US economy and markets

Business|Economy|Finance|Technology|World

AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump

AI stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity

Arts|Economy|Election|Entertainment|Finance

House Speaker Mike Johnson says Trump's $5,000 'dividend' needs congressional approval

House Speaker Mike Johnson says Congress would have to approve President Donald Trump's proposal to send $5,000 to each American adult if the Republican Party maintains control of the House and Senate in the November election

Business|Economy|Finance|World

Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update

The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week

Business|Economy|Finance|World

US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb

Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated

Economy|Election|Health|Political

FACT FOCUS: A look at false and misleading claims during the Republican midterm convention

President Donald Trump, Vice President JD Vance and other Republican officials came together for a two-day convention this week to rally voters in advance of midterm elections in November

Business|Economy|Finance|World

No relief from inflation as Middle East clashes lifts fuel prices to painful levels

U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near

Arts|Economy

Diesel costs more than $6 a gallon for the first time. Here’s how that affects you

Diesel costs more than $6 a gallon for the first time. Here’s how that affects you

Business|Economy|Finance

Inflation heated up last month, boosting the case for a Fed rate hike

Inflation heated up last month, boosting the case for a Fed rate hike

Economy

Trump officials scramble to manage fallout after his $5K check pledge to all Americans

Trump officials scramble to manage fallout after his $5K check pledge to all Americans

Business|Economy|Finance|MidEast|World

Global oil hits $108 per barrel while bond yields surge

Global oil hits $108 per barrel while bond yields surge

Business|Economy|Europe

European Central Bank raises interest rates a quarter point to quell energy-fueled inflation

The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war

Business|Economy|Finance|MidEast

ECB raises interest rates, bolstering bets for further moves

The European Central Bank raised interest rates on Thursday for the second time this year to quell an energy-driven inflation rise

Business|Economy|Finance

Wholesale inflation picked up in August, as energy costs kept rising

Wholesale inflation picked up in August, as energy costs kept rising

Business|Economy|US|World

US unemployment claims dip to 206,000 as layoffs continue to remain rare

Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still rare

Business|Economy|Finance

Know your bonds: A quick guide to Treasuries

Know your bonds: A quick guide to Treasuries

Arts|Economy|Health|Technology

Republicans showcase their 'big beautiful bill' to voters, but the law's impact has been mixed

Working to keep the majority in Congress, Republicans are showcasing their chief legislative accomplishment in this midterm election

Business|Economy|Finance|Stock Markets|US|World

Major brokerages' forecasts for S&P 500 index in 2026

Global brokerages expect the benchmark S&P 500 index to extend its rally in 2026, betting on AI momentum and strong corporate earnings, while the war in Iran continues to weigh on

Economy|Finance

Why the BOJ will bet small on rate hikes now to avoid a bigger shock later

The last time Japan's central bank lifted its main policy rate half a percentage point, prices were so hot the land the Imperial Palace sat on was said to be

Arts|Finance

The yen's sudden surge is upsetting the carry trade faithful

A blistering rally in the Japanese yen ahead of an expected interest rate hike from the Bank of Japan next week is upending the long-

Americas|Asia|Business|Economy|Finance

Yen's rally to seven-month high weighs on dollar ahead of US CPI

The Japanese yen climbed to a seven-month high against the U.S. dollar on Tuesday, as traders continued to unwind short positions amid growing bets of a

Arts|Economy|Environment

Australian consumer sentiment slides under rates, petrol pressure

A measure of Australian consumer sentiment fell sharply in September, a survey showed on Tuesday, as fears of higher interest rates and a rebound in fuel prices pressured

Asia|Business|Economy|Finance|Stock Markets|World

Stocks dented by inflation risk from rising oil, dicey geopolitics

Rising oil prices, conflict in the Middle East and political uncertainty in Europe kept investors on edge on Monday, leaving stocks to drift lower ahead of

Business|Economy|Finance|World

Yen surges to seven-month high; dollar drifts ahead of US inflation

The yen surged to a seven-month high on Monday as traders reassessed the battered currency's outlook, driven by expectations of faster

Arts|Business|Economy|Finance|Stock Markets|Technology

Global shares are mixed as chipmaker shares rally in Tokyo and Seoul

Global shares are mixed, with benchmarks in Tokyo and Seoul leading gains thanks to buying of computer chipmakers

Business|Finance

UK house prices fall for first time since November 2023, Lloyds data shows

British house prices recorded their first annual fall in nearly three years in August as some buyers have held back on purchases due to higher borrowing

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

Diesel the real spoiler for US inflation doves

A look at the day ahead in European and global markets from Wayne Cole. It's been a patchy start to the week with tech leading Asian shares higher, while European and Wall Street futures barely budge.

Business|Economy|Finance|World

Another rate hike, just for insurance: Five questions for the ECB

The European Central Bank is widely expected to hike interest rates on Thursday, erring on the side of caution as the U.S.-Iran war

Business|Economy|Environment|Travel

Fuel prices at record Labor Day high in US thanks to Iran war and refinery issues

Gas prices in the U.S. have hit a record high for Labor Day weekend, averaging $4.14 per gallon

Business|Economy

Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

President Donald Trump has been promising an economic boom, but Friday's positive jobs report left him frustrated

Arts|Economy|Finance

Wall Street week ahead: The market focuses on key inflation updates

Wall Street will get several important updates about inflation this week

Arts|Business|Economy|Finance|Technology|World

Wall Street ends lower as solid jobs data fuels hawkish Fed bets

Wall Street dipped on Friday as a robust jobs report raised the probability that the U.S.

Business|Economy|Finance

Canada's Ivey PMI expands to more than four-year high in August

Canadian economic activity expanded at a faster ​pace in August as prices, inventories and employment rose, ​Ivey Purchasing Managers Index (PMI) ​data showed on Friday.

Business|Economy|Finance|World

Dollar bounces on job gains, then pares ahead of CPI

The dollar jumped on Friday after data showed that U.S. employers added 162,000 jobs in August, well above the 56,000 additions expected by economists,

Arts|Economy|Entertainment|Finance|Sports|Technology

Yields, dollar rise, stocks ease after solid US jobs report

Treasury yields and the dollar rose, while stocks fell on Friday after stronger-than-expected U.S. job growth data boosted bets on a September