Federal Reserve Raises Interest Rates 0.25% to 3.75%-4% Amid Inflation Concerns
The Federal Reserve delivered its first interest rate hike in over three years on Sept.
inflation
Nigerian Schools Hike Tuition Fees by Up to 55 Percent Amid Financial Strain
The Nigerian education sector is under intense pressure as schools implement steep fee increases, exacerbating financial challenges for families already grappling with inflation…
JI strike shutdowns hundreds of markets in Karachi over petroleum levy
Jamaat-e-Islami (JI) called a nationwide strike on September 3, 2026, shutting hundreds of markets in Karachi and other Pakistani cities to protest the petroleum levy and…
Gold falls below $4,400 as oil, Treasury yields pressure bullion
Gold prices fell below a key threshold on Tuesday as rising U.S. Treasury yields and oil prices pressured bullion, while traders awaited Federal Reserve meeting minutes … Read more
Bessent Faces Investor Backlash Over Record 30-Year US Bond Yield
The U.S. government auctioned $25 billion in 30-year Treasury bonds at a 5.216% yield, the highest since 2001, as investors demanded greater compensation for financing the … Read more
Wholesale Inflation Jumps 6% in April, Signaling Sticky Price Pressures
Wholesale prices surged to their highest annual increase in more than three years this April, signaling a period of more nettlesome inflation as pipeline costs intensify … Read more
Trump’s Attacks on the Fed: The Global Erosion of Central Bank Independence
For decades, the independence of the Federal Reserve was treated as a sacred cow of American economics, a firewall designed to keep the volatile whims of … Read more
Why US Businesses Are Increasing Surcharges to Counter Rising Costs
For many American consumers, the act of checking a receipt has turn into an exercise in frustration. From the local bistro to the airport terminal, a … Read more
Beyond Uber: The Evolution of the Modern Side Hustle
For years, the American side hustle had a predictable uniform: a rideshare decal on the windshield, a thermal delivery bag slung over a shoulder, and a … Read more
Venezuela Protests: Thousands Demand Wage Hikes Amid Economic Crisis
Venezuelan riot police deployed tear gas on Thursday to break up a massive demonstration in central Caracas, as thousands of citizens marched toward the presidential palace … Read more
Navigating the Dual Threats of Inflation and Deflation
For the better part of a decade, the global economy operated in a state of relative predictability. Business leaders and institutional investors largely ignored the specters … Read more
ECB’s Proactive Stance Against Inflation: Lessons from the Energy Price Shocks
FRANKFURT – Concerns about a resurgence of high inflation in Europe have resurfaced with the recent increase in global energy prices, fueled by escalating tensions in … Read more