Fact-checkers target Biden over ‘false and misleading’ statements about the economy
President Biden is facing pushback from fact-checkers over a recent speech he delivered in Virginia regarding the economic…
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Browsing Tag
economy
Treasurer hopeful inflation peak has passed but warns tough times will continue
Treasurer Jim Chalmers is hopeful the worst of Australia’s inflation crisis is in the rearview mirror ahead of the release of…
RBA urged to put rates on hold or tip Australia into ‘unnecessary’ recession
Australia could soon face a recession if the Reserve Bank continues to hike rates as the consumer-led economy recovery rapidly…
Mum hit with $1500 bill given brutal warning from power company
A Brisbane single mother has revealed how the country’s cost of living crisis has caused her electricity bills to spike to…
XBB. 1.5 COVID sub-variant: How worried should Australians be about new ‘Kraken’ strain
While life has nearly returned to normal after two years of living with a pandemic, the new XBB. 1.5 sub-variant of COVID has…
Australia‘s annual inflation rate hits 7.8 per cent in December, highest since 1990
Treasurer Jim Chalmers has said Australia’s inflation is at a “historical” high but believes it is “likely the peak” after it…
What Is the Debt Limit and What Happens If It Isn’t Raised? – NBC Los Angeles
The U.S. government reached the nation's legal borrowing limit on Thursday, forcing the Treasury Department…
Economist forecasts February interest rate rise, after annual inflation hits 30-year high
A prominent economist has warned Wednesday’s rise in inflation would likely see the Reserve Bank of Australia lift its cash…
The Fed’s favorite inflation gauge shows price hikes cooled in December
The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending dipped — the latest…
Synopsys cuts more than 100 Bay Area jobs as tech layoffs widen
MOUNTAIN VIEW — Synopsys has joined the widening waves of tech company layoffs by disclosing plans to slash more than 100 jobs…