Today: October 18, 2026
Today: October 18, 2026

inflation

Business|Economy|Finance

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Arts|Business|Economy

Major brokerages expect next Fed rate hike in December

Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,

Business|Economy

US retail sales beat expectations in September on higher gasoline prices

US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed

Economy

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Asia|Business|Economy|Finance

China Q3 growth set to pick up on stimulus, keeping 2026 goal within reach: Reuters poll

China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's

Business|Finance

BoE's Pill says a rate hike need not be start of long series

A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Arts

Australia employment unexpectedly slides in September, jobless at 4.7%

Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Business|Economy|Finance|World

Dollar hits 18-month high, then cools as investors await patient Fed

The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

Business|Economy|Finance|World

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries

Business|Economy|Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter

Business|Economy|Finance

Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections

Economy|Europe|Finance

Spain's inflation rises at fastest pace in more than three years

Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE)

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Arts

Fed's Collins sees another rate hike on the table before end of 2026

By Michael S.

Arts|Business

Wall Street banks see deals slow on market jitters but pipeline is strong

Wall Street's investment banking and trading stalwarts posted uneven third quarter earnings as both equity and bond markets were rocked by the ongoing Iran war, rising inflation and

Business|Economy|Europe|Finance|Technology

AI limiting European workers' bargaining power, ECB's Lane says

The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially

Arts|Business|Economy|Finance|Science|Technology|World

World stocks dip on AI spending concerns; Brent settles lower

World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

Business|Economy|Political

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Arts|Business|Economy|Finance|Interview|Technology

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial

Africa|Americas|Arts|Asia|Australia|Business|Economy|Europe|Finance|MidEast|Science|Technology|World

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

Arts|Business|Economy|Entertainment|Finance|Food

Domino's forecasts muted annual same-store sales as competition, cautious consumers weigh on demand

Domino's Pizza on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Business|Economy|Finance|Technology

AI investment props up global growth, but war and debt threaten outlook, IMF says

The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East,

Business|Economy|Finance|World

IMF expects gradual BOJ rate hike towards neutral setting

The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown

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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost

The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift

Business|Economy|Finance|Interview|Stock Markets|US

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Asia|Business|Economy|Europe|Finance|Stock Markets

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Business|Economy

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in

Economy|Election|Interview

High prices are testing Latino voter loyalties in a key battleground district

Victor Martinez runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley and talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s midterm election

Business|Economy|Finance|Stock Markets|US

Goldman upgrades global equities on earnings optimism

Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have

Business|Economy|Finance|Technology

In the US, a wealth boom and a price shock collide

The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment

Business|Economy|Finance|Stock Markets

Diesel diplomacy

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Diesel dominated another weekend of noisy geopolitics, with confusion

Business|Economy|Finance

Fed officials are warning of more pain. Many Americans are already feeling it

Fed officials are warning of more pain. Many Americans are already feeling it

Economy|Finance

UK's Healey can't risk a 'steady as you go' budget, think tank warns

British finance minister John Healey will need to find £36 billion ($47.6 billion) in tax hikes or welfare cuts in his first budget just to offset the

Economy|Finance

Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok

Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy