The return of inflation has surprised many, including central bankers. So has the resulting rise in nominal interest rates. These surprises have brought others with
Britain’s inflation rate slowed in March, but less than economists expected, holding the rate stubbornly high in the double digits. Consumer prices rose 10.1 percent
New business formations in March, based on applications for a federal Employer Identification Number (EIN) with the IRS, jumped by 4.5% from February, by 10%
Facebook parent company Meta will announce details about new job cuts on Wednesday, part of a months-long downsizing and restructuring effort that will trim 10,000
The failure of two large banks with international footprints sent shockwaves through the global financial system last month. Silicon Valley Bank was the 16th largest