US inflation likely remained sticky-high last month, threatening interest rate cuts

WASHINGTON — U.S. inflation probably worsened last month on the back of higher prices for gas,…

UK inflation unexpectedly eases in December, which could reduce bond markets pressure

LONDON — Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel…

US producer prices rose 0.2% last month on higher energy costs

WASHINGTON — U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported…

Stock market today: Wall Street ticks up ahead of latest inflation data, start of earnings season

Wall Street pointed modestly higher early Tuesday ahead of new data on inflation and the kickoff…

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

WASHINGTON — Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace…

US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia

BANGKOK — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire…

US unemployment claims fall to the lowest level since March

WASHINGTON — The number of Americans applying for unemployment checks dropped last week to the lowest…

What changes should small businesses be aware of for 2025?

For small businesses, the biggest change in the new year will be the arrival of a…

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last…

Rising butter prices give European consumers and bakers a bad taste

PARIS — Pastry chef Arnaud Delmontel rolls out dough for croissants and pain au chocolat that…