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Tag: Octavio Marenzi

LANCASTER, PENNSYLVANIA - OCTOBER 20: Republican presidential nominee, former U.S. President Donald Trump, arrives on stage during a town hall campaign event at the Lancaster County Convention Center on October 20, 2024 in Lancaster, Pennsylvania. Trump is campaigning the entire day in the state of Pennsylvania. Trump and Democratic presidential nominee Vice President Kamala Harris continue to campaign in battleground swing states ahead of the November 5 election. (Photo by Win McNamee/Getty Images)

Trump’s Reciprocal Tariffs Shake Up Trade As Inflation Stays Hot

President Trump has announced new reciprocal tariffs set to take effect in April, aiming to match the import taxes other countries impose on U.S. goods.

Read More Trump’s Reciprocal Tariffs Shake Up Trade As Inflation Stays Hot
A teller counts US dollar bills at an exchange office in Ankara on July 20, 2023. Turkey's central bank hiked its main interest rate for the second month in a row, but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy was too timid to tame inflation. After years of cuts that aimed to boost growth but fuelled inflation and caused the lira to tumble, the bank doubled its rate last month from 8.5 percent to 15 percent. The latest hike was smaller, at 2.5 percentage points, taking the rate to 17.5 percent. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Inflation Climbs To 2.7% Amid Rising Food And Gas Prices

Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve’s 2% target.

Read More Inflation Climbs To 2.7% Amid Rising Food And Gas Prices
TOKYO, JAPAN: Pedestrians are reflected on a share prices chart at downtown Tokyo 19 May 2005. Japanese share prices rose 241.75 points to close at 11,077.16 points at the Tokyo STock Exchange, supported by further sharp gains on Wall Street overnight after tame US inflation figures and a drop in crude oil prices. AFP PHOTO/Yoshikazu TSUNO (Photo credit should read YOSHIKAZU TSUNO/AFP via Getty Images)

Core Wholesale Prices Rise in August; Fed Rate Cut Still Expected

The Labor Department’s August Producer Price Index shows a 0.2% increase in wholesale prices, meeting expectations, but core wholesale prices rose 0.3%, reversing a previous decrease.

Read More Core Wholesale Prices Rise in August; Fed Rate Cut Still Expected
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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