Another inflation record firms case for bigger ECB rate hikes
FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming the case for rapid European…
FRANKFURT – Euro zone inflation hit yet another record high in June as price pressures broadened, and its peak could still be months away, firming the case for rapid European…
By Pete Schroeder WASHINGTON – The U.S. commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fradulent commodity…
MOSCOW – Russia’s unemployment rate dropped to a record low in May but industrial output fell and consumer demand, measured by retail sales, waned after a decline in real wages…
By Jane Lanhee Lee WASHINGTON D.C – A severe semiconductor shortage has resulted in record wire fraud cases last year reported by desperate buyers, a company that tracks counterfeit and…
BERLIN – German consumer sentiment is projected to fall to another record low in July, as the Ukraine war and interrupted supply chains push up energy and food prices even…
KUALA LUMPUR – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects…
By Rose Horowitch WASHINGTON – U.S. President Joe Biden’s public approval rating fell for a fourth straight week to 36% matching its lowest level last seen in late May, according…
DETROIT – A registered nurse from the Veteran’s Hospital in Detroit, pleaded guilty yesterday to charges related to Covid-19 Vaccination Record Cards fraud, announced United States Attorney Dawn N. Ison.…
FRANKFURT – Euro zone inflation rose to a record high 8.1% last month in line with a preliminary estimate, more than four times the European Central Bank’s target and underscoring…
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar,…
Drug-Plagued State Sees Record Overdoses Thanks To Fentanyl Epidemic Jennie Taer on June 14, 2022 Kentucky has seen a record year of overdose deaths as it continues to deal with…
By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply…
Fox Business Hosts Reveal Which Biden Official Could Take The Fall For Record Inflation Harold Hutchison on June 10, 2022 The co-hosts of “Mornings With Maria” on Fox Business Network…
LONDON – The British public’s expectations for the rate of inflation in a year’s time have risen to their highest in records going back to 1999, a quarterly survey by…
Watchdog Group Sues IRS Over Stonewalled Investigation Into Massive Tax Record Leak Laurel Duggan on June 8, 2022 An Internal Revenue Service (IRS) investigation into a massive 2021 leak of…
By Koustav Samanta SINGAPORE – Asian jet fuel refining profits – already at all-time highs – have enough leg room for more gains in the coming weeks, as relaxed border…
Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices Thomas Catenacci on June 7, 2022 UPDATE: This article has been updated to include comment from…
By Tetsushi Kajimoto TOKYO – Japan’s current account surplus shrank sharply in April as record imports overwhelmed exports, swinging the trade balance into the red, data showed on Wednesday, stoking…
By Scott DiSavino (Reuters) – Power demand in Texas broke the June record on Monday and will continue rising until it breaks the all-time high later this week as economic…
By Rachel Savage LONDON – The share of emerging markets with budget and current account deficits of 4% of GDP or more is set to hit a record this year,…
By Sergio Goncalves LISBON – Tourism is rebounding more quickly in Portugal than in some parts of Europe, but the number of foreign visitors this year is still expected to…
Award ceremonies for the scholarship program took place on June 1 at the Consulate General of the Republic of Poland in New York and on June 2 at the Cracovia…
BENGALURU – India’s dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and weighing on…
GOP Climate Group Targets Global Carbon Emissions Amid Record Gas Prices Thomas Catenacci on June 2, 2022 A coalition of House Republicans tasked with crafting energy and climate policy are…
Newsom-Backed Racial Reparations Report Calls For Minimum Wage Hike Amid Record Inflation Gabe Kaminsky on June 2, 2022 A report released Wednesday approved by Democratic California Gov. Gavin Newsom is…