Conservative CNN Pundit Growls at Liberal Panelist During Tense Debate on Trump: 'Don't Touch Me'
Conservative CNN pundit Scott Jennings reprimanded his liberal co-panelist Bakari Sellers while discussing inflation.
Trump's Mass Deportation Plan Threatens US Economy With 7.4% GDP Loss: Report
The report estimated deporting 8.3 million undocumented immigrants could cut the GDP by 7.4% and reduce employment by 7% by 2028.
Trump Mocked Over 'Made Up Story' About Woman Putting Grocery Store Apple in Refrigerator: 'Trump Announces He Has Never Bought an Apple'
Donald Trump is being mocked online after sharing a seemingly "made up story" about a woman returning one apple at a grocery store due to high prices.
Democrats Delete Tweet Mocking Americans for Buying Gifts Despite Concerns Over Grocery Prices: 'We Were Thinking Y'all Couldn't Afford Eggs'
Democrats from a congressional committee took to their official X (formerly Twitter) account, mocking Americans for spending money during the holidays despite struggling to afford groceries due to inflation.
'Black Friday' Deals Target Inflation-weary US Consumers
Inflation has stabilized after dramatic price spikes during the Covid pandemic years, but consumers are still feeling the pinch -- meaning bargain-hunting strategies such as grabbing early giveaways and waiting for last-minute steals are in vogue.
Some Of The U.S.'s Favorite Foods and Beers Are At Risk of Soaring Prices As Tariff War With Mexico Looms
Avocados and strawberries, and beers like Corona and Modelo could see significant price increases should Trump make good on his promise of imposing a 25% tariff on Mexican exports
Americans Think Inflation, Not Immigration, Should be Trump's Priority During his First 100 Days in Office
A new Reuters/Ipsos poll showed inflation, immigration and the economy as the top issues voters think Trump should handle as soon as he assumes office.
Trump Voters Hanging on Promise to Fix Economy Are in For 'Rude Shock', Top Economist Warns
Paul Krugman, a Nobel Prize winner, said that inflation helped Trump get to the White House and, ironically, his economic program is set to be inflationary
Most Asian Markets Extend Losses As Trump Fears Build
The prospect of prices spiking again on the back of tax cuts, import tariffs, and an easing of regulations gave fresh impetus to the dollar, which has rallied since the Republican's election win last week.
Some Begin Preparations for Possible Shortages Ahead of U.S. Port Strike
Consumers are stocking up on essentials as dockworkers' labor dispute threatens to disrupt supply chains and raise prices nationwide.
U.S. Port Strike Set To Start Tuesday Threatens To Cause Nationwide Shortages and Worsen Inflation
Disruptions at major U.S. ports could delay shipments and raise prices on consumer goods, Biden Administration won't intervene.
Equity Markets Rally After Jumbo US Rate Cut
After a keenly awaited meeting, the US central bank decided to lower borrowing costs for the first time since the start of the pandemic by opting for a half-point reduction.
Most Asian Markets Up Ahead Of Fed But Tokyo Hit By Strong Yen
Bets on the Federal Reserve slashing borrowing costs by as much as half a percentage point have jumped in recent days, with observers suggesting officials want to front-load an expected series of reductions.
Argentina's Milei Presents Budget, Warns Zero Deficit Is A Must
Since taking office in December, the budget-slashing Milei has applied a drastic austerity program in a bid to rein in chronic inflation and decades of government overspending.
Latino voters in California say inflation is top concern but blame corporate greed more than politicians
32% blame inflation on corporations, edging Biden policies (30%) and Trump policies during pandemic (20%)
Asian Markets Battle To Match Wall Street Rally Ahead Of US Inflation
The Federal Reserve is widely seen cutting rates at next week's meeting but debate surrounds whether it will be 25 or 50 basis points, with some arguing that going for the bigger option could suggest decision-makers are worried.
Floridians are among those having the hardest time paying for everyday expenses, new poll shows
A 2022 report by United Way found that, of the 8.8 million households in Florida, four million were either in poverty or unable to afford basic living costs
Stock Markets Swing As Traders Prepare For US Jobs Data
As a rollercoaster week drew to a close, debate centred on the Federal Reserve's plans for interest rates when it meets in less than a fortnight, with most observers expecting a 25-basis-point cut.
Markets Plunge With Wall Street After Nvidia Rout, Weak US Data
The sight of investors running to the hills sparked memories of the brief but tumultuous sell-off at the start of August that was partly fuelled by a big miss on US jobs creation.
Markets Rally On US Data After Dow Hits Record On Wall St
With the much-hyped earnings report from bellwether chip titan Nvidia now in the rearview mirror, traders are once again able to concentrate on economic matters and the Federal Reserve's plans for interest rate cuts.
Asian Markets Mostly Up As Traders Await US Data, Nvidia Release
While a Federal Reserve interest rate cut next month is baked into prices, traders are also keenly awaiting next week's crucial non-farm payrolls figures, which are seen as key to determining how big the central bank goes.
Asian Markets Boosted By Fed Chief's Rate Cut Talk
Traders were also keeping an eye on developments in the Middle East after a flare-up in hostilities between Israel and Hezbollah that fanned fears of an escalation in the region.
Stocks Mostly Rise Ahead Of Powell, Yen After BoJ Rate Hint
The yen also advanced after the head of Japan's central bank told lawmakers that officials could hike interest rates again if the economy and inflation perform as expected, weeks after a surprise increase caused turmoil on markets.
Asia Tracks Wall St. Rally After US Jobs Data, Fed Minutes
Tokyo, Hong Kong, Sydney, Singapore, Seoul, Mumbai, Bangkok and Manila rose Thursday, though Shanghai, Wellington, Jakarta and Taipei slipped.
Asian Stocks Build On Gains Ahead Of US Inflation Data
Tokyo's Nikkei returned from a long weekend to lead the rally and top the levels touched before last Monday's rout -- its worst since 1987 -- helped by a weaker yen and a Bank of Japan pledge not to hike interest rates further.
Stocks Mostly Rise As Focus Turns To US Inflation Data
After a painful collapse fuelled by a big miss on US jobs creation, equities managed to bounce back over the following days and ended Friday on a healthy note.
Equity Markets Struggle As Nervous Traders Navigate Volatility
Tokyo, Sydney, Seoul, Wellington, Mumbai, Taipei and Jakarta were in the red, along with London, Paris and Frankfurt.
Asian Markets Extend Wall St Rally After US Data And Ahead Of Fed
The upbeat mood comes at the start of a busy week for traders, with the central banks of the United States and Japan making policy decisions, a key US jobs report due on Friday and megacaps releasing their earnings.
Markets Mixed After US Rally Ahead Of Inflation Report
Joe Biden's decision to drop out of the presidential election race and endorse Vice President Kamala Harris had little major impact on sentiment, analysts said, though there is much debate about who she chooses as her running mate.
ECB Leaves September Options 'Wide Open' After Rate Pause
The European Central Bank is keeping options "wide open" for September, president Christine Lagarde said, after holding interest rates steady Thursday in the wait for more evidence that inflation was on the right track.