Economy Switzerland makes second interest rate cut as major economies diverge on monetary policy easing June 20, 2024 The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of the year.
A record number of consumers are making minimum credit cards payments as delinquencies also rise The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal... Editorial TeamJanuary 22, 2025
Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record. Editorial TeamJanuary 19, 2025
Home insurance costs soaring as climate-related events surge, Treasury Department says During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation. Editorial TeamJanuary 17, 2025
UK economy ekes out 0.1% growth in November, below expectations The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed... Editorial TeamJanuary 16, 2025
Core inflation rate slows to 3.2% in December, less than expected The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%. Editorial TeamJanuary 15, 2025
German economy contracts 0.2% in 2024 in second consecutive annual slowdown The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic... Editorial TeamJanuary 15, 2025
