STOCKHOLM, May 12 (Xinhua) -- Sweden's inflation has continued to rise in April after breaking its 30-year record a month ago, Statistics Sweden said on Thursday. The figure is 6.4 percent in April, up from 6.1 percent in March, when it surpassed the previous record set in December, 19...
Speaking in London on July 6 alongside MI5's Director General Ken McCallum, FBI Director Christopher Wray claimed that China is "the biggest threat" to the national and economic security of the United States and countries that share its "values".At a gathering of business leaders, he alleged ...
WASHINGTON, April 30 (Xinhua) -- More people in the United States are using credit cards to pay their bills as the country's inflation continues to rise, and some of them are having trouble paying their bills, a U.S. media outlet has said. Many Americans used government pandemic checks ...
Inflation continues to rise faster than it has in forty years, which has implications for consumers and business owners. While the Federal Reserve is working to control inflation and consumer spending, many businesses are raising prices in response to what they predict will be an increase in deman...
Increasing interest rates is theFederal Reserve's go-to weapon against high inflationlevels. So, if inflation continues to rise, the Federal Reserve could increase its target federal funds rate again. And, if you have money in a high-yield savings account, that may be good news. ...
US officials have made many such claims alleging that China is up to no good, always implying that the US has higher moral standards and would never stoop to such practices. But, as in this instance, the charges always stick to the US rather than China. ...
U.S. products are undergoing noticeable size and quantity reductions as inflation continues to rise. The phenomenon has been dubbed 'shrinkflation' and many are decrying how everyday items such as food, drinks, and cleaning products are reduced their size or quantity while remaining the same pri...
"Inflation continues to churn above 3%, and once again shelter costs were the main villain. With home prices expected to rise this year and rents falling only slowly, the long-awaited fall in shelter prices isn't coming to the rescue any time soon," said Robert Frick, corporate economist ...
Statistics released by the Zimbabwe National Statistics Agency on Friday showed monthly inflation for January climbing up to 10.75 percent, up from 9.03 percent of the previous month. The continued rise is against the background of fuel price hikes by more than 100 percent last month. ...
consumer prices in February continued to rise at the fastest annual pace in four decades, a fresh reminder of the persistently high inflation, cementing the expectation of looming Federal Reserve rate hikes. Oil prices hit record highs in recent days amid the Russia-Ukraine conflict, further ...