Tuesday, August 11, 2026
Economy
US Fed’s favored inflation measure cools further in June
Washington (AFP) - The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday,...
UK to reveal £20 bn hole in public finances: reports
London (AFP) - Britain's new Labour government will announce next week that the country's public finances have an additional hole...
Russian central bank hikes key rate to fight inflation
Moscow (AFP) - Russia's central bank raised its key interest to 18 percent on Friday, the sixth hike in just...
In swing state Pennsylvania, middle class struggles to get by
Allentown (United States) (AFP) - The giant steelworks that greets visitors to Allentown, Pennsylvania once symbolized the city's success as...
US rejects plan for G20 deal to tax super-rich
Rio de Janeiro (AFP) - The United States sees no need to negotiate an international agreement on taxing the super-wealthy,...
American Airlines reports lower profits but wins on IT outage
New York (AFP) - American Airlines lowered its 2024 outlook Thursday on lingering effects of a botched booking system upgrade,...
US sees no need for global deal to tax super-rich: Yellen
Rio de Janeiro (AFP) - The United States sees no need to negotiate an international agreement on taxing the super-wealthy,...
Deutsche Bahn suffers 16-fold jump in losses in first half
Berlin (AFP) - Germany's state-owned train operator Deutsche Bahn said Thursday that its year-on-year net losses soared 16-fold in the...
US economy beats growth expectations in second quarter
Washington (AFP) - US economic growth blew past expectations in the second quarter, boosted by consumer spending and inventory building...
Plan to tax super-rich divides at G20 meet in Rio
Rio de Janeiro (AFP) - Brazil's vision for a global deal to tax the ultra-rich sparked divisions Thursday at a...
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