European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB’s Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, Sept. 11, 2025. Kai Pfaffenbach | Reuters The European Central Bank announced a quarter-point rate hike on Thursday, bringing its key interest rate to 2.25% as the Iran war continues to blow…
Customers shop at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting | China News Service | Getty Images Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S….
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. Graeme Sloan | Bloomberg | Getty Images The European Central Bank is expected to hike interest rates on Thursday, as policymakers address the threat of second-round…
A customer shops at Handy Market in Burbank, California, May 14, 2026. Justin Sullivan | Getty Images Inflation numbers out Wednesday are expected to cross another unpleasant threshold as the cost of living continues to climb for U.S. consumers. If the Wall Street consensus is correct, the consumer price index is expected to show inflation…
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than they were 12 months ago hitting a nearly four-year high, according to a Federal Reserve Bank of New York survey. While the central bank’s monthly Survey of Consumer Expectations, released Monday, showed the inflation outlook…
A job seeker visits the recruiting booth for Generali Global Assistance during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026 in Sunrise, Florida. Joe Raedle | Getty Images The stronger-than-expected start this year for job creation could be in for a reality check when the Bureau…
In recent weeks, Parker Taylor reached a grim milestone in his work history. The 29-year-old had been employed consistently since he was a teen, first on a factory floor and most recently in medical sales. But the St. Petersburg, Florida, resident hasn’t been able to land a new gig after losing his job shortly before…
Kendia Barrett (R) speaks with Broward Health recruiter, Nelia Zh, during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026 in Sunrise, Florida. Joe Raedle | Getty Images Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported…
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty Images The Office of the U.S. Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies over their failure to ban goods made…
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the U.S. and Iran over opening this critical waterway have largely stalled as the countries have rejected each other’s proposals to end the war that began when the U.S. and Israel attacked Iran on February 28….