Tag: Inflation

UK government ups pay rise for health staff in England to 3%

0
LONDON — The British government has tripled its pay increase offer for more than a million National Health Service employees in England, but unions...

Biden wants spending to boost economy, but GOP to block vote

0
WASHINGTON — President Joe Biden said his infrastructure and families agenda must be passed to sustain the economic momentum of his first six months...

Biden says federal investments can prolong economic growth

0
WASHINGTON — President Joe Biden said Monday that his infrastructure and families agenda must be passed to sustain the economic momentum of his first...

As stock prices peak, markets begin to fear looming threats

0
NEW YORK — With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an...

US 30-year mortgage rate falls for 3rd week to average 2.88%

0
WASHINGTON — Mortgage rates were mixed this week. The benchmark 30-year loan fell for the third straight week amid lingering concerns over the recent...

As prices rise at rapid pace, Fed chief seeks patience

0
WASHINGTON — For anyone watching with concern as prices surge for everything from food and gas to airplane tickets and clothes, the message from...

UK inflation rises to highest level in nearly 3 years

0
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...

Powell says inflation will be ‘elevated’ in coming months

0
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Europe’s central bank intensifies focus on climate change

0
FRANKFORT, Germany — The European Central Bank has adopted a new approach to managing the economy that would allow the bank to tolerate transitory...

Earnings boom is expected a year after pandemic-driven skid

0
LOS ANGELES — Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results...