DENVER — As you’re out holiday shopping, one legal expert warns to keep an eye out for buy now, pay later (BNPL) plans. With tighter budgets, they can…
Read more Legal expert warns of buy now, pay later plans this holiday shopping seasonBy CHRISTOPHER RUGABER, Associated Press Economics Writer WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but…
Read more Key US inflation gauge holds mostly steady though core inflation ticks higherFormer U.S. Secretary of the Treasury Lawrence Summers doesn’t think the U.S. fight against inflation is over yet. The U.S. economy is still “very, very hot,” he said…
Read more Larry Summers warns U.S. economy is still ‘very, very hot’ with ‘pockets of distress’ in commercial real estateA “substantial majority” of policymakers at the Federal Reserve’s meeting early this month agreed it would “likely soon be appropriate” to slow the pace of interest rate hikes…
Read more ‘Substantial majority’ of Fed officials see slowdown in rate hikes ‘soon’The US Federal Reserve may consider slowing the pace of rate increases at its next meeting but that should not be seen as a “softening” in its commitment…
Read more US Fed likely to cut size of rate increases, but not ‘softening’ inflation fight: WallerA larger-than-expected drop in consumer inflation last month will likely prompt the Federal Reserve to pare down future interest rate increases as the impact of its swift monetary…
Read more Federal Reserve seen slowing rate hike pace as inflation easesAsian share markets slipped on Monday following another drubbing for Wall Street as investors brace for further drastic tightening in global financial conditions, with all the risks of…
Read more Asia shares slip, make or break day for UK bondsThe International Monetary Fund (IMF) on Friday put out a detailed note suggesting ways the countries can respond to a strong US dollar, which has weakened other currencies…
Read more IMF warns central banks against taking this one step as they fight strong US dollarMSCI’s global stock index lurched to a July 2020 low and dollar and bond market borrowing costs rose on Thursday as another red hot US inflation reading cemented bets…
Read more Hot US inflation data reignites global selloff
