The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on...
Workers at Britain’s largest container port, Felixstowe, are to strike for a further eight days, union bosses announced Tuesday, as the country suffers a cost-of-living crisis....
US inflation likely slowed in August, largely thanks to falling gasoline prices, but not enough to satisfy policymakers, especially President Joe Biden, as high prices continue...
Turkey’s central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and looks set to...
US central bankers remain committed to raising interest rates further to quell rising prices, but agreed it would be appropriate to slow the pace of the...
US gasoline prices have fallen from historic highs earlier in the summer, a retreat highlighted by a politically beset White House as a sign of moderating...
US retail sales shot up one percent in June amid the ongoing surge in prices, according to new data Friday that spelled more bad news for...
US Federal Reserve Governor Christopher Waller signaled Thursday he may support a full percentage point interest rate hike this month — the biggest increase in more...
US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on President Joe Biden, whose ratings have...
Prime Minister Boris Johnson’s government is in suspended animation, including on economic policy, just as a cost-of-living crisis worsens for millions of Britons. But tax cuts...