ING warns Belgium’s inflation shock could spread across Europe
Belgium’s sudden inflation spike in April, driven by an energy shock spilling into wider consumer prices, has prompted ING Economics…
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Business.
PPI shows strongest rise since 2022 as energy inflation surges
US wholesale inflation accelerated sharply in April, underscoring growing price pressures across the economy as higher energy costs and supply…
US Senate confirms Kevin Warsh to Fed Board
The US Senate on Tuesday confirmed Kevin Warsh to a 14-year term as a governor at the Federal Reserve. This…
Private credit returns weaken as loan distress deepens, MSCI finds
Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new…
US inflation rises to 3.8%, highest since May 2023, as energy prices surge
US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy prices…
Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss
Thermos is recalling 8.2 million containers after consumers suffered laceration injuries — and in some cases reported permanent vision loss…