Europe’s anti-American itch – Politico

Click play to listen to this article expressed by artificial intelligence. BERLIN – It’s getting cold in Europe, and so is the economy cisterns And the citizens get it Insomnia. There is only one answer: Blame America. Signaling across the Atlantic has long been a favorite diversionary tactic for Europe’s political elites when things start … Read more

Inflation is declining. Here’s what that means for your annual salary increase

Physics | iStock | Getty Images Inflation and annual wages are not in a one-to-one relationship. This became apparent to many workers last year when annual merit increases in salaries and wages were nowhere near the highest levels of inflation in four decades. Many employees stuck, even as wages increased by more than has been … Read more

Holiday shopping begins as inflationary sentiment drops

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty remains. The US labor market remains strong, consumer spending is resilient and inflation is slowing. But higher prices for food, rent, gasoline and other household costs have weighed on shoppers. As a result, many are reluctant to spend … Read more

How to navigate credit and financial risk in an unstable economy

Burning five-dollar and one-dollar banknotes, London, August 8, 2011 (Photo by Tom Stoddart/Getty Images) Getty Images I recently interviewed Sundeep Yerapotina, Chief Risk Officer (CRO CRO ) of Citi’s Rewards branded cards, a personal finance and credit risk management expert on how people handle credit and financial risks in today’s uncertain market. What is your … Read more

Inflation is starting to cool, and Wall Street is loving it

New York CNN Business – Stocks mostly rose on Tuesday after the US government reported this total price It rose at a much less dramatic rate than expected. This news comes a few days after another report showed that the pace High consumer prices It was also slowing down. The daw It was flat in … Read more

This could be the start of a traditional post-mid-term recovery as inflation is showing signs of slowing down

A colder-than-expected October consumer inflation report triggered a massive rally in stocks that could herald the traditional midterm elections in the last quarter of the year. Bond yields fell sharply, as stocks rose after the October CPI rose 0.4%, less than the 0.6% expected. The gains were 7.7% from a year ago, lower than the … Read more

Here are the industries that added the most jobs in October – and the industries that lagged behind

The Labor Department reported on Friday that the US economy gained 261,000 jobs in October. The latest figure is slightly lower than in September but still well above economists’ expectations of a 190,000 job gain. Despite rising inflation, rising interest rates, slowing economic growth and deepening concern about a recession in 2023, the resilient US … Read more

How will inflation affect voters’ decisions in the midterm elections?

The economy is a major issue heading into the midterm elections, with a New York Times/Siena poll showing that 44% of voters reported inflation and the economy as the most important problem facing the country. This means that it will play a role in the voting booth, but how much more remains to be seen … Read more

White House gets ‘Goldilocks’ jobs report as they look to offset the economy

CNN – As White House officials prepare for the latest jobs report ahead of the midterm elections due to be released Friday morning, the last thing they want to see is the explosive employment number. It is the political paradox that overshadowed the last major A piece of economic data before Election Day – One … Read more