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UK urged to defer winding down of salary support program

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LONDON — Business leaders and unions joined forces Thursday to urge the British government to maintain a salary subsidy program that is being wound...

This week: Home prices, Walgreens earnings, June jobs report

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

Gas prices rise again, no sign of letting up this summer

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After a brief dip, gas prices in the U.S. are on the rise again. ...

US mortgage rates rise over 3%; 30-year at 3.02%

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WASHINGTON — Mortgage rates rose above the 3% mark this week for the first time in 10 weeks, as the economic recovery from the...

Czech central bank raises key rate to 0.5% to tame inflation

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PRAGUE — The Czech Republic’s central bank has increased its key interest rate by a quarter-point to 0.5% in efforts to tame inflation as...

Inflation poses new challenge for pandemic-weary businesses

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NEW YORK — Small businesses that endured shutdowns and lower revenue during the COVID-19 outbreak now must contend with another crisis: spiking prices for...

Fed’s Powell says high inflation temporary, will ‘abate’

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WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that he expects recent price spikes will soon subside and reduce inflation to a sustainable...

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...

Paid in full? Biden, GOP struggle over infrastructure costs

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WASHINGTON — Congressional negotiators and the White House appear open to striking a roughly $1 trillion deal on infrastructure. But they are struggling with...

Republicans point to inflation in bid to retake Congress

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WASHINGTON — Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline...