Tag: Economic

Fed gets heartening inflation data, but slow road ahead

US inflation cools in May, boosting hopes of Fed rate cut

Fed can cut rates, but won’t yet as risk of fresh inflation ‘too great:’ Jefferies

McDonald’s has revealed the details of its highly anticipated $5 value meal, which the fast food chain hopes will rev up sluggish sales and lure back customers who have cut back.Beginning June 25, McDonald’s US locations are selling a “$5 Meal Deal” for a limited time. It includes a McDouble cheeseburger or a McChicken sandwich,…

Fed’s policy patience warranted amid still-high inflation, Collins says

Turkey to reduce inflation to single digits, Erdogan says

It looks like transport electrification is here to stay. Thanks to contributions from the Biden administration’s Inflation Reduction Act (IRA), there are significant tax breaks and credits available that can make the purchase of an electric vehicle more realistic for many.Electrek reported that the United States Department of the Treasury and Internal Revenue Service (IRS)…

The warehouse club has always been deeply honest about its sales and has avoided playing into politics…

Analysis-Fed meeting, benign inflation keep soft landing hopes alive

Stocks will test their recent closing highs with a key May inflation report and the Fed’s June interest rate decision later in the session…