Foremski's Take: The "next big thing" in tech is always a surprise; it always comes out of left field and arrives like a hurricane and always makes a big impact on society. The weather service can ...
Discover how deflation increases purchasing power yet risks higher unemployment and debt defaults. Learn its impact on consumers and the broader economy.
Wait… so now the Federal Reserve is going to cut interest rates in 2024? I love how quickly narratives change. We went from thinking that the Fed would cut rates ...
Whereas the U.S. continues to grapple with elevated prices, China is dealing with the opposite problem. In July, the world's second largest economy slipped into deflationary territory, with consumer ...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version ...
FRANKFURT/WASHINGTON (Reuters) - With recession now a reality in major economies from Japan to Germany, policymakers are starting to fret about the chance of a phenomenon many see as even more deadly: ...
The talk about the economy in recent weeks has been somewhat deflating. There's the ongoing crisis in Europe, disappointing jobs numbers, a falling stock market—and the prospect of deflation itself.
Federal Reserve Chairman Jerome Powell has a big problem, and he can’t do anything about it. Gasoline prices in the United States, which have fallen for 91 consecutive days, are expected to have ...
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