The first few months of the year brought back the specter of rising inflation during a long fight to bring prices back under control. On Wednesday, the first signs of optimism in 2024 arrived.
New data released from the Bureau of Labor Statistics showed prices rose 3.4 percent in April compared with the year before. That’s down a bit from the 3.5 percent notched in March, and the shift follows months of hotter-than-expected reports. Prices rose 0.3 percent compared with the month before.
The first meeting to break the US-China trade deadlock was held almost three weeks ago in the basement of the IMF headquarters, arranged under cover of secrecy. US Treasury secretary…
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Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US and China have agreed to lower…
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Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Resigning from the job of world policeman is…
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Asian pharmaceutical stocks dropped on Monday after US President Donald Trump said he would cut drug prices “almost immediately”. Trump said that at 9am on Monday in Washington he would…
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Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Treasury secretary Scott Bessent on Sunday said the…
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OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software…
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