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Inflation

Japan’s largest labor group aims for wage hikes of 5% or more

by Adrian Jhonsan
Japan’s largest labor group aims for wage hikes of 5% or more

Japan’s largest labor organization Rengo is set to demand wage hikes totaling 5% or more, its president, Tomoko Yoshino, said Thursday. “It’s important for wages to sustain growth. With that …

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Categories World

Earnings in full swing, Treasury yields hit new highs

by Adrian Jhonsan
Earnings in full swing, Treasury yields hit new highs

The Tesla Inc. Model Y electric vehicle during the launch in Kuala Lumpur, Malaysia, July 20, 2023. Samsul Said | Bloomberg | Getty Images This report is from today’s CNBC …

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Categories World

UK inflation holds steady for September after Bank of England pauses rate hikes

by Adrian Jhonsan
UK inflation holds steady for September after Bank of England pauses rate hikes

Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images LONDON — U.K. inflation came in at 6.7% in September, slightly …

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Categories World

Earnings season in full swing, yields hit highs

by Adrian Jhonsan
Earnings season in full swing, yields hit highs

People walk near the New York Stock Exchange on July 18, 2023 in New York City View Press | Corbis News | Getty Images This report is from today’s CNBC …

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Categories World

Fed Chair Powell to deliver key speech Thursday. Here’s what to expect

by Adrian Jhonsan
Fed Chair Powell to deliver key speech Thursday. Here’s what to expect

U.S. Federal Reserve Chair Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, D.C., …

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Categories World

Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

by Adrian Jhonsan
Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Feb. 13, 2020. Andrew …

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Categories World

53% of Gen Z see high cost of living as barrier to financial success

by Adrian Jhonsan
53% of Gen Z see high cost of living as barrier to financial success

Martin-dm | E+ | Getty Images Gen Zers are cutting back on spending. More than half, 53%, say a high cost of living is a barrier to their financial success, …

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Categories World

BOJ bought over ¥1 quadrillion in bonds in decade of easing policy

by Adrian Jhonsan
BOJ bought over ¥1 quadrillion in bonds in decade of easing policy

The Bank of Japan has bought a total of ¥1.01 quadrillion ($6.7 trillion) worth of Japanese government bonds since embarking on its ultraeasy monetary policy about a decade ago, resulting …

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Categories World

Car Buyers Are Taking Out 17%

by Adesola Mojo
Car Buyers Are Taking Out 17%

It’s expensive to be poor, especially if you’re a victim of America’s capricious, inscrutable credit rating system. But, in most places, you still need a car and that has forced …

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Categories Automobile

Risk-taker’s market? Protecting against market ugliness

by Adrian Jhonsan
Risk-taker’s market? Protecting against market ugliness

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take chips off the table right now. “It comes down to …

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Categories World
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