Inflation driven by monstrous federal deficits, plus a trade war, has already led to higher borrowing costs, which makes paying borrowed money back all that harder. BNPL seems to be catnip for younger ...
The U.S. bond market sold off on Tuesday in a manner that tends to spell fresh trouble for many stock investors. The selloff in Treasurys sent the yield on the 30-year bond BX:TMUBMUSD30Y to almost ...
America's consumer engine is leaning harder than ever on the rich, with new Moody's data showing the top 20% of earners now account for more than half of all spending while outlays by middle- and ...
The UK's rate of inflation remained unchanged last month but almost double the Government and Bank of England's target. Figures from the Office for National Statistics released on Wednesday showed ...
Inflation has hit a 12-month high for the month of August, with headline inflation rising to three per cent and dashing hopes of an interest rate cut this month. The monthly CPI indicator rose ...