Category: Economy

The economic and social crisis that’s driving support for Italy’s hard right ahead of the September 25 elections is making the eurozone’s third-largest economy vulnerable to even deeper infiltration by … Read More

China’s central bank conducted a reverse repo operation at a lower rate on Monday in order to improve liquidity in the financial system, the latest move in a series of … Read More

Australia’s economic debate is dominated by the immediate problems of the jump in the cost of living and rising interest rates. But Reserve Bank of Australia governor Philip Lowe on … Read More

Price rises almost across the board are devouring our discretionary dollars, to the point where you may have very little savings capacity left. To make matters worse, interest rate hikes … Read More

Inflation in the Eurozone peaked again at 9.1% in August, the highest since 1999. Higher consumer prices were fueled by rampant energy and food costs, according to Eurostat. The high … Read More

If you think the rich are getting richer, you’re right – but maybe not for the reason you think. It’s mainly the rising price of housing, which is steadily reshaping … Read More

Philadelphia-area manufacturing activity unexpectedly contracted in the month of September, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its current … Read More

The Commerce Department released a report on Thursday showed an unexpected increase in U.S. retail sales in the month of August, although the report also showed a notable downward revision … Read More

Some monetary relief is coming soon for taxpayers in Virginia. It is estimated that about three million taxpayers will get a one-time Virginia stimulus check of up to $250. This … Read More

The Europeans have finally come up with a plan to respond to the soaring energy prices and likely energy shortages flowing from Russia’s decision to cut off most of its … Read More