Shares declined in Europe and Asia on Thursday after a broad retreat on Wall Street triggered by worries over the impact of persistent high inflation on corporate profits and consumer spending.
U.S. ...
Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.
Consumer prices ...
A whopping 63 percent of Americans rated the U.S. economy as bad, with 86 percent saying it was because of inflation, closely followed by gas prices at 82 percent, showed a new CBS News poll released ...
For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to low-priced goods and supplies. It meant solid economies and stable markets.
And for ho...
Consumer inflation in the United States likely set another 40-year high in February — and it won’t even reflect the oil and gas spikes of the past week, which will likely catapult prices even high...
The South Asian Network on Economic Modeling (SANEM) has claimed that the overall inflation rate in the country is more than double from the calculation provided by Bangladesh Bureau of Statistics (BB...
In recent times, Bangladesh and other countries of the world are noticing a worrying change. A close look at the news or the dailies shows that the price of everyday items is on the rise. Why is that ...
Rising trends of inflation has forced rural people to spend more to buy goods than urban dwellers, said a report of Bangladesh Bureau of Statistics (BBS).
The BBS report said the average inflation ...
Worried scientists in South Africa are scrambling to combat the lightning spread across the country of the new and highly transmissible omicron COVID-19 variant as the world grapples with its emergenc...
Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
A raft of economic data issued Wednesday showed the economy on solid foo...