Inflation in America; Iranian-American p...

The United Nations said at least 798 Palestinians were killed near aid-distribution sites in Gaza between May 27th and July 7th 

As debate time ended for Donald Trump’s “One Big Beautiful Bill”, the president’s tax-cutting package moved to a special session known as vote-a-rama. 

The head of the United Nations’ nuclear watchdog said that Iran could start producing enriched uranium again “in a matter of months”. 

Core prices rose 0.3%; Consumer spending stalled in March; Employers’ pay and benefit costs rose 1% in March; Exxon-Mobil, Chevron beat quarterly profit expectations To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn ... Show More

America’s central bank has raised interest rates by three-quarters of a percentage point—its fourth rise this year. It is walking a fine line between cooling the economy and tipping the country into recession. Scientific results fundamental to more than a decade’s-worth of Alzhei ... Show More

There's more evidence that US consumers are weathering the economic storm and continuing to spend. Figures show retail sales rose by 0.7% in July which is more than expected. It's welcome news for retailers who are struggling with high prices and lower margins, and that’s going t ... Show More

Prices in America are rising faster than at any time in the past 40 years. In response, the Federal Reserve has made its steepest interest-rate hike in 20 years. Will it be enough to tame inflation while not tipping America into recession? Shanghai’s residents are growing restive ... Show More

America’s central bank raised rates by .75% yesterday—the biggest increase in almost 30 years. Whether that will help tame rising prices without triggering a recession is unclear. The poor performance of Russian tanks in Ukraine has led some to wonder whether the tank itself is o ... Show More

America’s Federal Reserve made its third straight 0.75% interest-rate hike, with Jerome Powell, the Fed’s chair, warning that more hikes would follow. But with inflation still high, and labour markets still tight, is the Fed doing all it can? A new report suggests that forced lab ... Show More

America’s Federal Reserve made its third straight 0.75% interest-rate hike, with Jerome Powell, the Fed’s chair, warning that more hikes would follow. But with inflation still high, and labour markets still tight, is the Fed doing all it can? A new report suggests that forced lab ... Show More

Proctor and Gamble announces fiscal third quarter results; Tesla raises prices; more high-income Americans are collecting unemployment benefits. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad ch ... Show More

P.M. Edition for June 10. Economists say higher inflation than the 2% the Federal Reserve is aiming for could help the Fed get out of possible downturns. But, as economics reporter Justin Lahart points out, inflation is unpopular among consumers. And Apple announces a software up ... Show More

Another week of market volatility sees the Fed possibly going ahead with a rate rise, Chinese manufacturing drop and oil prices see saw Hosted on Acast. See acast.com/privacy for more information.