(Bloomberg) — US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting growing concerns about the economic outlook.
President Joe Biden wants to share the burden of an increase in migration with other nations along the path to the US. But the response in Latin America has been clear: This is a problem that requires US policies and dollars to fix.
Mexico’s industrial production took an unexpected hit in March, driven by a decline in manufacturing output and a stark drop in mining activity as tighter financial conditions drag down Latin America’s second-largest economy.
UK Members of Parliament are launching an inquiry into the influence of supermarkets and manufacturers on food prices as Britons struggle with an enduring cost-of-living crisis.
Sea Ltd. shares have more than doubled since November, boosting optimism that the tech conglomerate is on the path to a sustainable recovery from a devastating slide that started in late 2021.
The investing frenzy around artificial intelligence has been so strong that without it, US stocks would be down for the year, according to Societe Generale SA strategist Manish Kabra.
FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set to be delayed again amid weak market conditions, according to people familiar with the matter.
New York City may begin charging motorists traveling into major parts of Manhattan as soon as April 2024.
Ukrainian forces pushed Russian troops back to regain territory in the embattled eastern city of Bakhmut, officials in Kyiv said, as Russia’s Defense Ministry acknowledged a flurry of attacks along the frontline.
(Bloomberg) — Brazil’s inflation eased less than expected last month while still hitting the lowest level in two and a half years as President Luiz Inacio Lula da Silva clamors for the central bank to slash interest rates
