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Economic News
Argentina Economy Shrank in December by Most Since Pandemic
(Bloomberg) -- Argentina’s economy contracted in December by the most since the peak of…
Central bank likely on track for rate cut this year
By Michael S. Derby(Reuters) - Federal Reserve Bank of Philadelphia President Patrick…
Fed’s Jefferson Warns of Easing Too Much on Improving Inflation
(Bloomberg) -- The Federal Reserve needs to be on guard against cutting interest rates…
Fed’s Jefferson says he is ‘cautiously optimistic’ about inflation
By Howard SchneiderWASHINGTON (Reuters) - Federal Reserve Vice Chair Philip Jefferson…
Mexico Inflation Eases Past All Economist Estimates as Interest Rate Cuts Near
(Bloomberg) -- Mexico’s headline inflation eased much more than expected earlier this…
Nestle, Danone Try to Win Shoppers as Inflation Eases
(Bloomberg) -- Nestle SA and Danone are trying to encourage shoppers to buy more…
Mercedes-Benz hits cars returns forecast as inflation, supply chain costs bite
STUTTGART (Reuters) - Mercedes-Benz on Thursday reported an adjusted return on sales in…
Russia’s Disrupted Oil Trade Crimps Margins for Indian Refiners
(Bloomberg) -- India’s state-run refiners are facing a shift in fortunes as once cheap…
Oil edges higher, holding to gains made on signs of tighter supply
By Colleen HoweBEIJING (Reuters) - Oil prices rose slightly on Thursday, holding to…
Federal judge affirms MyPillow’s Mike Lindell must pay $5M in election data dispute
ST. PAUL, Minn. (AP) — A federal judge on Wednesday affirmed a $5 million arbitration…