A quarter of economists expect a recessi...

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ... Show More

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May. 

Canada's inflation numbers have once again come in lower than expected, and are nearing where our central bank wants them. But to get here, the Bank of Canada has kept interest rates high to slow the economy. So was it actually the Bank's rate hikes that brought inflation down? I ... Show More

Until recently worrying about rising prices seemed like a relic of the 1970s. Now it borders on a global obsession. As new data on inflation from around the world exceed expectations, host Rachana Shanbhogue asks whether central bankers will be able to curb the trend. Plus, we cr ... Show More

To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that inflation is ... Show More

Until recently worrying about rising prices seemed like a relic of the 1970s. Now it borders on a global obsession. As new data on inflation from around the world exceed expectations, host Rachana Shanbhogue asks whether central bankers will be able to curb the trend. Plus, we cr ... Show More

The price of goods and services in the US remains high but inflation was slightly weaker than forecast in April, bolstering hopes that the Federal Reserve’s interest rate increases are taking effect. (Picture: People at a food bank in the US. Credit: Getty Images.) 

Over the past two years, inflation has been full of surprises. Central bankers are now facing up to the very real possibility that bringing sticky inflation down to their 2% targets could bring deep economic pain. Some analysts are starting to ask whether they might be tempted to ... Show More

Consumer prices across the rich world are rising by more than 9% year on year, the highest rate since the 1980s. Paul Krugman, the Nobel prize-winning economist, talks to host Anne McElvoy and Henry Curr, The Economist’s economics editor, about how governments and central banks s ... 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