Surging

By Jane Lanhee Lee (Reuters) – U.S. power chip maker Wolfspeed Inc on Friday said it will build a new multi-billion dollar factory in Chatham County, North Carolina to make …

By Tom Westbrook and Rae Wee SINGAPORE (Reuters) – Asia’s central banks, alarmed by the surging dollar’s assault on their currencies, are ramping up their resistance with rate rises and …

(Reuters) – Norway’s Yara, one of the world’s largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following other manufacturers. Below are some …

SANTIAGO – Chile’s government on Monday announced a $1.2 billion economic aid plan that includes bonuses and labor subsidies as the Andean nation struggles with surging inflation and an economic …

(Reuters) – Australian buy now, pay later company Zip Co Ltd said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from …

BUDAPEST – Hungary’s government has extended a cap on some basic food and fuel prices until Oct. 1, while a cap on retail mortgage interest rates will remain in place …

Stacey Abrams Twists Herself Into Knots Trying To Explain Away Surging Voter Turnout Bryan Babb on May 24, 2022 Democratic Georgia gubernatorial candidate Stacey Abrams said that there was no …

BUDAPEST – Hungarian consumer and business confidence worsened in May after an improvement in April, a survey by think tank GKI showed on Monday, as households turned gloomier about their …

By Lucia Mutikani WASHINGTON – Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out …

By Marcy de Luna CAMERON, Louisiana – Top U.S. liquefied natural gas producer Cheniere Energy on Thursday said surging U.S. natural gas prices reflect past underinvestment followed by “a demand …

Democrats’ Narrative Blaming Putin For Surging Gas Prices Appears To Be Working: POLL Thomas Catenacci on April 12, 2022 President Joe Biden and Democrats’ attempt to blame the nationwide gasoline …

By Andrea Shalal WASHINGTON – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt …

(Reuters) – U.S. stock indexes opened lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday’s inflation data that could back a more hawkish stance …

By Anthony Esposito MEXICO CITY – Central banks from Brazil to Chile may be forced to dole out more monetary “medicine” than expected as inflation in the region continue to …

LONDON – A surge in demand for workers in Britain is showing some signs of stabilising, according to a survey published on Friday that may provide some comfort to the …

Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices Harry Wilmerding on March 16, 2022 American’s spending slowed in February amid surging inflation and gas prices, the U.S. Census …

By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy prices as a result of …

By Timothy Aeppel – Dave Petratis boosted wages for his U.S. factory workforce in December – six months ahead of schedule for normal annual increases. It wasn’t enough. The CEO …

FRANKFURT – Euro zone housing costs rose sharply last year, boosted by soaring German property prices and adding to already uncomfortably high overall inflation, a European Central Bank study showed …

– French funds manager Amundi said it exceeded its 2022 strategic targets on Wednesday, as it posted a strong rise in earnings helped by its retail business and expansion in …

The U.S. economy recorded an increase of 467,000 jobs in January while unemployment increased to 4.0%, the U.S. Bureau of Labor Statistics (BLS) announced Friday. Total non-farm payroll employment increased …

By Ana Isabel Martinez MEXICO CITY – Miguel Alejo does not know how inflation is measured or what makes a recession. But at the Mexico City food market where he …