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Browsing Category
Economy
Gas prices reach new record high
'Kennedy' party panel reacts to President Biden's 'economic blunders' as inflation hit 8.3% in April. Average gas prices in the U.S. reached a new record high Tuesday, according to AAA's gas price calculator. The national average cost of a regular gallon of gasoline hit $4.523 early Tuesday morning. This topped Monday's record of $4.483,…
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Musk and Bezos Agree on Who Is Responsible for Inflation
It's rare to see Elon Musk and Jeff Bezos agree on things.The former is the richest man in the world with an…
‘Fish and chip’ shops are under threat as inflation soars
As many as a third of the country's roughly 10,000 fish-and-chip restaurants could close in the next nine…
‘Apocalyptic’ food prices will be disastrous for world’s poor, says Bank governor…
The Bank of England governor has blamed the war in Ukraine for the highest inflation in the UK for three decades…
Outlooks for EU growth and inflation worsen as energy crisis hits
Brussels has cut its growth forecasts further and lifted its inflation outlook as the energy crisis…
Stocks, oil slip as dire China data feed recession fears
Traders are seen in front of a screen with trading figures in red at Thailand Stock Exchange building in…
Cutting City regulation risks another financial crash, say economists | Financial…
A group of 58 leading economists and politicians, including the former business minister Vince Cable, has…
China’s struggle delights some – but should make us all nervous | Larry Elliott
China has been central to the story of globalisation over the past 30 years but now it is struggling. More than…
Saudi oil giant Aramco’s first-quarter profits surge 80%
Check out what's clicking on FoxBusiness.com. Oil giant Saudi Aramco said Sunday its profits soared more…
Back to the bad old days of the 1990s as recession looms for UK | Economics
Britain’s hard-pressed households could feel even worse done by this week when official inflation figures show…