European business activity slows in June as higher interest rates begin to bite
S&P Global's Chris Williamson described the numbers as "worrying" as the euro zone's flash composite PMI dropped to 50.3 in June.
Bank of England’s conundrum deepens as inflation and labor market stay hot
The Bank of England is "caught between a rock and a hard place" as it prepares for a key monetary policy decision.
This investment manager is looking to bridge the racial wealth gap
Economic freedom has been more elusive for Black people. Veteran portfolio manager Jim Casselberry is trying to do something about that.
Brits are facing a major mortgage crisis as lending rates soar
The average two-year fixed rate rose above 6% on Monday as experts warned of chaos in a market with fewer available products.
Rate cuts, hikes and pauses: The world’s central banks just made very different decisions
Major central banks are taking very different approaches to monetary policy, as the global economy "is no longer synchronized," an expert said.
Inflation rose at a 4% annual rate in May, the lowest in 2 years
The consumer price index was expected to rise 0.1% in May, according to the Dow Jones consensus estimate.
UK short-term borrowing costs shoot past ‘mini-budget’ crisis levels on strong labor data
The two-year gilt yield hit its highest level since late August 2008.
Inflation report Tuesday will be critical for the direction of Fed policy
The consumer price index is expected to show that all-items inflation increased just 0.1% last month, equating to a 4% annual rate.
Inflation outlook hits two-year low in latest New York Fed survey
The Survey of Consumer Expectations for May showed one-year inflation expectations down 0.3 percentage points to a 4.1% rate.