LONDON – British Treasury chief John Healey faces a fine balancing act when he delivers his first budget statement Wednesday, with the economic backdrop made more difficult as a result of the turmoil caused by the Iran war. Healey, who was…
WASHINGTON – Americans’ confidence in the economy rebounded somewhat in October as gas prices fell modestly, though they remain much higher than last year at this time. The Conference Board said Tuesday that its consumer confidence index jumped 7.5 points to 91.7 in…
WASHINGTON – Federal Reserve policymakers are likely to keep their key interest rate unchanged Wednesday when they finish what may seem like an uneventful meeting. But investors and economists will be looking between the lines of the central bank's statement Wednesday…
LONDON – Inflation in the U.K. rose to its highest rate in almost a year as the Iran war continues to ratchet up fuel prices, official figures showed Wednesday, cementing market expectations that the Bank of England will raise interest rates…
Rick Medina, Video Editor SAN ANTONIO – As drivers look for ways to save money amid higher fuel costs, some are considering E85 fuel because it typically costs less per gallon than regular gasoline. However, experts say the lower price does not…
Rick Medina, Video Editor SAN ANTONIO – Holiday travelers could pay more to get to their destinations this year as airlines face higher fuel costs and strong demand for flights. Delta Air Lines reported its jet fuel costs jumped 60% in the…
BANGKOK – Federal Reserve Chairman Kevin Warsh said Friday he won’t prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December. The Fed increased its key interest rate by a quarter-point…
WASHINGTON – U.S. inflation accelerated last month as gasoline and many other goods and services became more expensive, evidence that rising prices remain an economic challenge just a few weeks before midterm elections that have focused heavily on affordability. The consumer…
After Sticky Inflation Report, Social Security Announces 2027 COLA News Radio 1200 WOAI After September's inflation numbers came out, Social Security announced that the 2027 COLA would be 3.6%. That comes out to about n extra $75 a month. “Social Security will implement this cost-of-living…
HONG KONG – China’s exports surged 36.3% in September from a year earlier, its customs agency said Wednesday, bringing it on track to exceed last year's record trade surplus as pressure ramped up from its trading partners, including the European Union, to…
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