Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy.
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Recession-hit Britain swings to economic growth in January, helped by construction bounce
LONDON — U.K. gross domestic product grew 0.2% in January, the Office for National Statistics said Wednesday, as construction output jumped more than expected.
Australia sure it will get nuclear subs despite U.S. funding cut
SYDNEY (Reuters) -- Australia is confident the U.S. will follow through with the sale of nuclear-powered submarines as part of the AUKUS deal, a minister said on Wednesday, after mooted cuts to the U.S. program sparked concerns the deliveries could be delayed or scrapped.
Singapore bumps up 2024 GDP forecast on manufacturing growth; lowers headline inflation outlook
Singapore's economy in 2024 is forecast to grow faster than estimated earlier, while the outlook for inflation has been revised lower, the Monetary Authority of Singapore's survey showed Wednesday.
India's 'glittering' economy lights Modi's reelection path
NEW DELHI -- India's brisk economy has created a tailwind for Prime Minister Narendra Modi's reelection campaign, although some analysts caution that the reality might not be quite as rosy as the headline numbers suggest.
Here’s the inflation breakdown for February 2024 — in one chart
Consumers continued to contend with higher inflation in February, according to new government data.
A key inflation reading is due out Tuesday morning. Here's what to expect
Rising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve's decision to take a go-slow approach with interest rate reductions.
British retailer Currys drops 10% after U.S. investment firm Elliott pulls out of takeover race
LONDON — Elliott Investment Management said Monday it had decided not to make another takeover bid for British electrical retailer Currys after repeatedly being rejected.