Friday, May 9, 2025
Economy
Cutting rates too soon could be ‘quite disruptive’: Fed’s Powell
Washington (AFP) - The US Federal Reserve's high benchmark rate is "doing its job" against elevated inflation, chairman Jerome Powell...
US Fed should avoid climate change ‘mission creep’: Powell
Washington (AFP) - The Federal Reserve should avoid tackling politically-charged issues like climate change without Congressional approval if it is...
EU probes Chinese-owned solar panel firms over subsidies
Brussels (Belgium) (AFP) - The European Union on Wednesday announced investigations targeting two Chinese-owned solar panel manufacturers suspected of receiving...
US private sector hiring picks up again in March
Washington (AFP) - US private sector hiring came in well above expectations last month, payroll firm ADP said Wednesday, with...
Turks left scrimping after inflation stokes rebuke to Erdogan
Paris (AFP) - As the euphoria of a municipal election drubbing for President Recep Tayyip Erdogan ebbs, Turks are left...
Eurozone inflation falls faster than expected in March
Brussels (Belgium) (AFP) - The eurozone's annual rate of inflation dropped further than expected in March, official data showed Wednesday,...
German family businesses desperately seeking buyers
Bremen (Germany) (AFP) - The Scharringhausen deli has been selling fine foods and wines in northern Germany for 160 years,...
Yellen to press China on ‘unfair’ trade practices during visit
Washington (AFP) - US Treasury Secretary Janet Yellen leaves Wednesday for China, for the second time in less than a...
US-China economic flashpoints in Yellen’s China trip
Washington (AFP) - Since US Treasury Secretary Janet Yellen visited Beijing last year, the world's two biggest economies have resumed...
Taylor Swift officially declared a billionaire by Forbes
New York (AFP) - Taylor Swift was officially named a member of the three-comma-club Tuesday, as Forbes confirmed rumors estimating...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.