It's not the 1970s but stagflation is back in the picture

For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.

2023-08-10 19:28

New York Bills That Cap Key EM Debt Payouts Rile Pimco, Fidelity

Major investors from Pacific Investment Management Co. to Fidelity Investments are pushing back against New York bills that

2023-05-19 04:46

Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target

Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t

2023-05-13 08:20

Nigeria fuel subsidy: Tinubu's plan to scrap measure sparks rush to stock up

People are hoping to stockpile petrol over fears of a major price increase amid high inflation.

2023-05-30 18:57

Valero Energy authorizes share repurchase of up to $2.5 billion

Refiner Valero Energy on Friday authorized a share repurchase of up to $2.5 billion, with no expiration date.

2023-09-16 05:20

Dollar licks wounds after jobs shock; Aussie dips as inflation cools

By Kevin Buckland TOKYO The dollar nursed its sharpest drop in a month and a half on Wednesday,

2023-08-30 10:48

Greenpeace activists climb Deutsche Bank building to protest against investment policies

By Tom Sims FRANKFURT (Reuters) -Greenpeace activists scaled Deutsche Bank's headquarters in Frankfurt on Wednesday and strung up a large

2023-06-14 14:47

China's Tencent reports jump in Q2 income, misses revenue expectations

Chinese internet giant Tencent announced on Wednesday a 41 percent year-on-year jump in second-quarter net income, but missed...

2023-08-16 18:47

Foot Locker plummets, drags down peers, on forecast cut, dividend pause

Shares of Foot Locker cratered over 30% in premarket trading on Wednesday, and dragged down those of its

2023-08-23 20:24

Euro zone inflation stubborn and wages are a risk: policymakers

FRANKFURT Euro zone inflation is stubbornly and may require a protracted period of high interest rates to contain,

2023-06-21 22:57

SoftBank Corp. to Seek Over $800 Million Via Bond-Type Stock

SoftBank Corp. will decide as early as Monday to raise as much as ¥120 billion ($809 million) via

2023-09-25 14:15

Biden Plans to Seek $25 Billion From Congress, Including Ukraine Aid

President Joe Biden intends to submit a supplemental funding request of at least $25 billion to Congress, according

2023-08-10 07:15