Economy news
The US joined Japan in engineering one of the most notable rebounds in the yen since the currency began its years-long slide, a decline that’s stoked inflation in the Asian nation and rippled through global markets. At the close of New York trading on Friday, the yen was quoted at 157.40 to the dollar, the … Read more
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses. Here’s a snapshot of prominent economic … Read more
Based on prices reported by Euronews journalists and on recently published surveys, the UK had the highest comparison figure in the sample, while Türkiye had the lowest. ADVERTISEMENT ADVERTISEMENT Across the 10 countries examined, the indicative price of a scoop ranged from around €1.15 to €4.10. Prices varied considerably depending on location, the type of … Read more
Americans want CEOs to walk in their shoes for a while, a new survey suggests. Asked about the one thing they would want corporate leaders to understand about economic life in the U.S. today, a quarter of those polled said the cost of living is too high and that companies should make products more affordable, … Read more
People shop for groceries at a store in Brooklyn on July 13, 2026 in New York City. Spencer Platt | Getty Images Pricing data from June indicated that outside of some select items where costs continue to grow, inflation is trending back towards the Federal Reserve’s inflation goal. So-called trimmed mean measures, which exclude outliers … Read more
HANOI, Vietnam (AP) — The noise is everywhere in Hanoi. The crack of a hydraulic breaker, the groan of excavators, the crunch of brick and concrete being torn apart. As Vietnam pushes for double-digit economic growth, its capital is pursuing an ultramodern vision for the next 100 years. In the first half of 2026 alone, … Read more
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s factory activity unexpectedly contracted in July for the first time since February, … Read more
The Bank of England (BoE) kept Bank Rate unchanged at 3.75% as expected. The decision was taken with a 6-3 vote (against 7-2 in June), with Mann joining the hawkish camp. Not a big surprise given some of her recent remarks. The BoE presented three scenarios in their monetary policy report. The central projection with … Read more
Jay Washington, 38, stands for a portrait at his residence in Athens, Ga., earlier this month. Washington would like to own a home, but after a cycle of underemployment, he’s not sure whether he’ll ever be able to. Alyssa Pointer for NPR hide caption toggle caption Alyssa Pointer for NPR Jay Washington grew up in … Read more
The June inflation rate of 3.8% ended any real prospect of a rate rise next month, despite investors assuming the Reserve Bank would rather raise rates than not. There is a certain ghoulishness when it comes to economics and especially inflation. A “good” number will inevitably be dull news, whereas a bad number – one … Read more