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Five killed and parliament ablaze in Kenya tax protests

President William Ruto vows to restore order after protests against tax hikes turn violent.
2024-06-25 22:09:48

Kenya pro-government campaign falsely accuses media of lying about looming tax hikes

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2024-06-18 15:11:05

Dozens arrested in Kenya protests over proposed tax hikes in finance bill

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2024-06-18 13:10:20

China probes European pork prices after EU hikes tariffs on its electric cars

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2024-06-17 16:09:26

Brazil's government hikes 2024 GDP forecast, sees higher inflation

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2024-05-16 20:08:59

Utility price hikes in parts of China hand another blow to households

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2024-05-15 07:08:09

Protesters in Pakistan-held Kashmir end rallies that killed 4 after authorities revoke price hikes

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2024-05-14 12:08:59

Violent protests continue in Pakistan-held Kashmir against price hikes. Talks with the IMF begin

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2024-05-13 19:08:28

A police officer was killed in Pakistan-held Kashmir during protests against price hikes

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2024-05-12 13:08:25

Millions get a pay rise as minimum wage increases

Above inflation wage-hikes are set to benefit 2.7 million low-paid workers and apprentices.
2024-04-01 01:06:44

Japan's union group Rengo announces biggest wage hikes on record

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2024-03-22 12:09:50

Eyes on Bank of Japan as unions announce wage hikes

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2024-03-15 07:07:39

Turkey's central bank raises interest rates to 40%

Turkey has been hit with soaring prices, but its president has only recently allowed rate hikes.
2023-11-23 18:08:21

Russia hikes interest rates to 15% as inflation soars

The Bank of Russia raises rates more than expected to try to lower inflation and boost the rouble.
2023-10-27 17:12:45

Russia hikes interest rates to 12% as rouble falls

The Bank of Russia raises rates sharply in an attempt to boost the currency and lower inflation.
2023-08-15 12:20:56

Mideast countries that are already struggling fear price hikes after Russia exits grain deal

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2023-08-02 09:08:30

Corporate greed is jacking prices higher. It could push customers over the edge

Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen since the immediate aftermath of World War II.
2023-03-29 17:08:11

Analysis: Corporate greed is jacking prices higher. It could push customers over the edge

Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen since the immediate aftermath of World War II.
2023-03-29 14:07:44

Bank of England hikes interest rates following inflation shock

[Breaking news] The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight against inflation, which rose unexpectedly in February.
2023-03-23 15:09:21

Swiss central bank says crisis halted as it hikes interest rates

Switzerland's banking crisis has been halted, the country's central bank said Thursday as it hiked interest rates for the fourth time in a bid to contain inflation.
2023-03-23 15:08:40

Hiking Angels Landing at Zion National Park will require a permit

One of America's most popular national park hikes will require a permit as of 2022.
2021-12-07 04:05:50

A key inflation measure rose to a 39-year high last month

America's high pandemic-era price hikes were alive and kicking last month, when a key measure of inflation climbed to a level not seen since June 1982.
2021-12-10 17:07:45

UK hikes virus alert level as omicron variant surges

2021-12-12 20:07:07

Bank of England hikes interest rates to combat surging inflation

The Bank of England is hiking interest rates in an effort to fight surging consumer prices even as the Omicron variant engulfs the United Kingdom and threatens to put the economy into reverse.
2021-12-16 14:07:35

Bank of England hikes interest rates to tackle rising prices

2021-12-16 15:06:29

Bank of England hikes interest rates to tackle prices

The Bank of England is hiking interest rates in an effort to fight surging prices even as the Omicron variant engulfs the United Kingdom and threatens to put the economy into reverse.
2021-12-16 15:06:32

Inflation is bad enough. One country is making it even worse

Unnerved by surging prices, the Bank of England on Thursday became the first major central bank to hike interest rates since the pandemic began. The US Federal Reserve will follow in the coming months, with three rate hikes expected next year.
2021-12-17 15:06:33

Inflation is bad enough. One country is making it even worse

Unnerved by surging prices, the Bank of England on Thursday became the first major central bank to hike interest rates since the pandemic began. The US Federal Reserve will follow in the coming months, with three rate hikes expected next year.
2021-12-17 15:06:39

Big Tech could brush off rate hikes. Startups may struggle

Apple, Microsoft, SoFi and Coinbase all sold off sharply this week, as investors, anticipating higher interest rates, dumped tech stocks and bought shares of companies they believed were undervalued.
2022-01-07 14:07:03

Goldman Sachs has a new prediction that could affect your wallet

The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low unemployment, Goldman Sachs advised clients on Sunday evening.
2022-01-10 17:06:36

Rate hikes have been good for stocks. This time might be different

The market has churned intensely this week as investors get to grips with expectations that the Federal Reserve will soon begin aggressively hiking interest rates in an effort to cap surging inflation.
2022-01-26 15:06:15

Most érdemes lehet amerikai bankrészvénybe fektetni az elemzők szerint

Bár az amerikai bankrészvényeknek rázós heteik voltak az év elején, a hitelnövekedés felgyorsulása és a Fed kamatemelései egyszerre segíthetik felfelé a szektort a következő hónapokban ? vélik elemzők a Reuters szerint.
2022-02-09 10:11:26

Most CEOs say rate hikes won't quickly solve inflation crisis

The Federal Reserve has expressed confidence inflation will get under control soon. Business leaders are not so sure.
2022-02-10 18:07:32

Haiti hikes minimum wage by up to 54% following worker protests

Haiti's government on Monday hiked the minimum wage by as much as 54%, following weeks of demonstrations by garment workers who say their wages are not enough to keep up with the rising cost of living.
2022-02-22 03:07:56

Stephen Wong: The painter who builds up landscapes 'like Legos'

Stephen Wong openly describes himself as "greedy." The landscape painter is referring to his appetite for absorbing as much scenery as possible during long and sometimes arduous hikes, which see him filling sketchbooks with impressions before translating them into sumptuous paintings.
2022-03-15 04:06:04

Rate hikes are here: What does that mean for you?

The Covid era of free money has come to an end.
2022-03-17 19:14:44

Turkey's Lycian Way: An epic hike with beautiful beaches at every turn

There are long distance hikes, and there a long distance hikes -- like Turkey's 29-day Lycian Way -- that take in some of the world's best beaches, offering gorgeous pit stops for walkers to rest weary legs and soak their feet.
2022-03-25 12:18:47

Recession risks are 'uncomfortably high and moving higher,' Mark Zandi says

The war in Ukraine. Red-hot inflation. And rapid interest rate hikes. The economic recovery that began two years ago faces credible threats that could lead to its premature demise.
2022-03-25 22:20:07

Recession risks are 'uncomfortably high and moving higher,' Mark Zandi says

The war in Ukraine. Red-hot inflation. And rapid interest rate hikes. The economic recovery that began two years ago faces credible threats that could lead to its premature demise.
2022-03-27 23:16:12

Get ready for even bigger rate hikes from the Fed

The jobs market is still healthy and paychecks are growing at a solid rate ? although not fast enough to make up for surging prices on just about everything. That means that the Federal Reserve is increasingly certain to raise interest rates in May by a half-point to halt inflation in its tracks.
2022-04-01 21:09:29

Asia faces three big economic shocks: War in Ukraine, China and the Fed

The World Bank said on Tuesday that countries in Asia may have to deal with three major economic shocks this year ? the war in Ukraine, a sharp slowdown in China, and rate hikes from the US Federal Reserve.
2022-04-05 14:08:48

Asia faces three big economic shocks: War in Ukraine, China and the Fed

The World Bank said on Tuesday that countries in Asia may have to deal with three major economic shocks this year ? the war in Ukraine, a sharp slowdown in China, and rate hikes from the US Federal Reserve.
2022-04-06 20:07:22

Bad news for banks: Rates are rising fast

The Federal Reserve's interest rate hikes should boost lending profits for major financial firms. Now, the big banks will have the chance to prove to investors that they can thrive if rates continue to climb.
2022-04-11 17:05:57

Egypt hikes fuel prices amid global inflationary pressures

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2022-04-15 13:19:23

Sri Lanka hikes price of medicines 40% amid economic crisis

Prices rise 40% as an economic crisis bites, leaving some Sri Lankans cutting short treatments.
2022-04-30 21:15:05

RBI repo rate: India central bank hikes interest rates after two years

The Reserve Bank of India's surprise move is an attempt to stem rising inflation.
2022-05-04 14:16:54

Nigerian airlines to halt domestic flights over jet fuel hikes

Prices have risen almost fourfold this year, mainly triggered by Russia's invasion of Ukraine.
2022-05-07 14:12:21

Nigerian airlines to halt domestic flights over jet fuel hikes

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2022-05-07 14:12:26

Iran arrests at least 22 protesting staple food price hikes

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2022-05-13 09:13:34

Iran media report 1 killed in unrest over food price hikes

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2022-05-14 19:09:09

U.N. warns of 'catastrophic' child malnutrition due to price hikes, Ukraine war

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2022-05-17 04:08:31

UPDATE 1-U.N. warns of 'catastrophic' child malnutrition due to price hikes, Ukraine war

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2022-05-17 10:14:25

Dow tumbles nearly 1,200 points as markets are practically begging to be punished

The old joke goes like this: Two friends are at a resort and one says, "The food here is really terrible." The other replies, "And the portions are so small!" Today, it's investors who dislike the taste of the Federal Reserve's interest rate hikes but seemingly want more anyway.
2022-05-19 02:08:37

Brace for more rate hikes: Fed signals several half-percentage point hikes to come

The Federal Reserve means business when it comes to tightening monetary policy.
2022-05-26 03:06:52

War in Ukraine adds to food price hikes, hunger in Africa

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2022-05-30 10:14:20

Brace yourselves for an economic 'hurricane,' Jamie Dimon says

Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic "hurricane" caused by the war in Ukraine, rising inflation pressures and interest rate hikes from the Federal Reserve.
2022-06-02 01:05:54

One killed in first major protest under Guinea junta

One person was killed in Guinea's capital late on Wednesday during protests over fuel price hikes, in the most serious unrest since a military junta took power last year.
2022-06-03 20:09:24

One killed in first major protest under Guinea junta

One person was killed in Guinea's capital late on Wednesday during protests over fuel price hikes, in the most serious unrest since a military junta took power last year.
2022-06-03 20:09:29

Egyre több olajat exportál Ázsiába Oroszország

Oroszország mintegy ötödével növeli az olajexportot nagy keleti kikötőjéből, Kozminóból, hogy kielégítse az ázsiai vásárlók növekvő keresletét, és ellensúlyozza az Európai Unió szankcióinak hatását - mondta a Reutersnek három, az ügyet ismerő forrás.
2022-06-07 18:10:06

Another big Fed rate hike is coming. But how many more after that?

The Federal Reserve is widely expected to raise interest rates by a half of a percentage point for the second consecutive time at the end of its next meeting on June 15. After that, all bets are off. Bigger rate hikes could be in the cards as consumer prices surge.
2022-06-13 06:07:34

Dow sinks 800 points and stocks enter bear market on worries of drastic rate hikes

US stocks plunged into bear market territory Monday morning as Wall Street investors grew increasingly nervous about the prospect of even more harsh medicine from the Fed to take the sting out of inflation.
2022-06-13 21:11:06

Israel strike crippling Syria's main airport hikes tensions

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2022-06-14 18:27:04

Bank of England hikes interest rates yet again as inflation spirals

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2022-06-16 18:07:13

Bank of England hikes interest rates again as inflation heads towards 11%

The United Kingdom's central bank has hiked interest rates for a fifth time since December in a bid to tame spiraling inflation.
2022-06-17 18:08:35

Could a housing slump threaten the stock market and the entire economy?

The red-hot housing market is starting to show signs of cooling off. Prices have spiked to levels unaffordable for many prospective buyers, and mortgage rates have jumped following the Federal Reserve's rate hikes and a surge in bond yields.
2022-06-22 16:07:21

Durván megdrágulhatnak a laptopok és a számítógépek

Jelentős mértékű áremelkedéséről tájékoztatta partnereit a legnagyobb amerikai chipgyártó, az Intel ? írja a Nikkei. A vállalat szinte a teljes termékportfóliójára kiterjedő árkorrekciót végrehajtását tervezi ősszel, amely akár a 20 százalékot is elérheti egyes termékei esetében. Az átlagos árnövekedés 10-20 százalék közötti lesz. A cég tájékoztatása szerint elsősorban a gyártási költségek és az alapanyagárak emelkedése miatt vált szükségszerűvé a drágulás. A lap forrásai szerint mindez kihat majd az Intel szerverprocesszoraira, a PC-kbe gyártott processzorokra, és az olyan célprocesszorokra i...
2022-07-18 11:15:25

Sardinia's '100 Towers Path,' one of Italy's most stunning coastal hikes

Made up of over 1,000 kilometers of mostly oceanfront trails circling the island of Sardinia, the 'Cammino 100 Torri' -- or 100 Towers Path -- might not be Italy's most famous hike, but it's certainly of its most spectacular.
2022-07-21 11:06:48

Price hikes took a breather in July, fueling hopes that inflation has peaked

Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics reported Wednesday.
2022-08-10 21:06:06

Aggasztó jövőt festett a jegybankvezér a német gazdaságnak, üzent az EKB-nak is

Az Európai Központi Banknak folytatnia kellene a kamatemelést Joachim Nagel, a Bundesbank elnöke szerint, aki arra figyelmeztetett, hogy Németországot recesszió fenyegeti, ha az energiahelyzet eszkalálódik ? számol be a hírről a Bloomberg.
2022-08-20 09:07:09

Stocks tumble on fears of another big Fed rate hike

So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks tumbled Monday morning as investors once again began to worry that the central bank will raise rates by three-quarters of a point next month.
2022-08-22 19:08:27


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