Fed's Goolsbee says PCE inflation reading unlikely to be as 'sobering' as CPI
Last week, the Labor Department reported a larger-than-expected 0.5% month-over-month increase in CPI for January. The ...
Food inflation becoming harder for BoJ to ignore
Food inflation in Japan is a hot topic for households managing monthly budgets – and increasingly for the central bank as ...
DOGE Stimulus Check Creator Defends Plan Against Inflation Fears
The Trump administration's proposal for $5,000 "DOGE Dividends," created by CEO James Fishback, is stirring debate over ...
Federal Reserve's concerns grow over tariff-induced inflation
The administration's piecemeal approach may be damaging, Fed officials say, as businesses and consumers adjust to an outlook ...
Australia's Wesfarmers sees tariff inflation risk as profit beats forecast
Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and ...
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation ...
Trump floated sending refund checks from DOGE savings to Americans. That could reignite inflation
President Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of Government Efficiency (DOGE) back to Americans, potentially complicating the ...
Walmart's lower-than-expected guidance may mean consumer spending is slowing
Walmart’s lower-than-expected guidance is a warning that U.S. consumer spending is slowing, said Brian Mulberry, client ...
The Economist12h
Investors fear inflation is coming back. They may be right
A fter peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks bring down interest rates, headline inflation across the rich world is ...
Higher egg prices drove up inflation, and Walmart grocery revenue
Higher egg prices, an issue U.S. President Donald Trump spoke about often during his election campaign last fall, boosted Walmart grocery revenue, the world's largest retailer said during its earnings ...
Fed's Musalem urges caution before 'any further adjustments' in rates
St. Louis Fed president Alberto Musalem on Thursday became the latest central bank official to strike a note of caution, airing concerns about inflation amid talk of higher tariffs and changing ...
Dow falls 600 points as inflation and tariff fears hit Main Street
US stocks fell Thursday after the world’s largest retailer warned that 2025 would be a rollercoaster ride and said it expected sales to slow this year amid fears that consumers are tapped out.