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Inflation ahead? Even a top economist says it’s complicated

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WASHINGTON — Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve’s ultra-low interest rate policies...

Tottenham repays COVID loan, frees up funds for signings

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LONDON — Tottenham announced Friday it had paid back the 175 million pounds ($243 million) it borrowed from the Bank of England as part...

Turkey’s central bank keeps interest rate unchanged at 19%

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ISTANBUL — Turkey’s central bank left its key benchmark interest rate unchanged at 19% on Thursday. ...

US average mortgage rates mostly lower; 30-year at 2.93%

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WASHINGTON — Mortgage rates were mostly lower this week as the economy continued to show signs of recovery from the pandemic recession and recent...

Iran presidential candidate urges better ties with West

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TEHRAN, Iran — A prominent contender in Iran’s presidential election appealed Tuesday for better economic and political relations with the West, his most extensive...

Harris announces $1.25 billion for community lenders

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WASHINGTON — Vice President Kamala Harris announced Tuesday that the Biden administration is distributing $1.25 billion to hundreds of community lenders in an effort...

This Week: Retail sales, Fed policy update, Kroger earns

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A look at some of the key business events and economic indicators upcoming this week: ...

Delicate task for Fed: When to pull back on low-rate support

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WASHINGTON — With inflation rising in a fast-rebounding economy, the Federal Reserve is poised this week to discuss when it will take its first...

Leak of billionaires’ tax data draws GOP outcry over privacy

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WASHINGTON — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal...

Lebanese hospitals warn of dangerous shortages in supplies

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BEIRUT — Hospitals in Lebanon warned Thursday they may be forced to suspend kidney dialysis next week amid severe shortages in supplies, the latest...