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Inflation Economy News Coverage from hundreds of sources.
Breaking News Thu, 28 Aug 2008
Moving past a civilian tanker, British government officials in a Rigid Hull Inflatable Boat (RHIB) approach the central platform of Iraq's Al Basrah Oil Terminal (ABOT) as the HMS MARLBOROUGH [not shown] patrols a perimeter around ABOT. The officials are
(photo: US DoD)
U.S. currency mixed on oil, inflation
CNN
Dollar mixed on oil, inflation | U.S. currency trades lower against euro but higher against pound and yen, as oil spikes but inflation concerns may be settling. | #yahooBuzzBadge-form{text-transform:uppercase;} #shareMenu{display:none;} | | | RSS Subscribe to Markets feed://rss.cnn.com/rss/money_mar...
Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, April 2, 2008, before the Joint Economic Committee.
(photo: AP / Susan Walsh)
Oil's fall, inflation outlook lift stocks
The Columbus Dispatch
NEW YORK -- Wall Street capped a volatile week with sharp gains yesterday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrials rose nearly 200 points. | Speculation that Lehman Brothers Holdings Inc. could be...
Turkish middle class socked by rampaging inflation
International Herald Tribune
| : Customers at Denizati, a bakery in the Turkish capital, no longer can afford the top-priced pistachio-and-cream wedding cakes. The cost of flour and sugar has more than doubled since 2007, and the bakery has laid off 4 of 15 employees. | The bake...
Inflation helping Ottawa grow budget surplus, Conference Board says
myTELUS
| THE CANADIAN PRESS | OTTAWA - The Conference Board is forecasting the federal government will easily manage to avoid a deficit this fiscal year despite the slowing economy. | The private sector think tank says government revenues are significantly ...
Atlanta Fed's Lockhart: Inflation will diminish over the rest of 2008
Business Journal
> | National consumer price inflation, driven by rising food and energy prices, is "at the moment uncomfortably high," said Federal Reserve Bank of Atlanta President and CEO Dennis Lockhart early Wednesday at Georgia State University's Economic Outlo...
High Greek inflation threatens social cohesion- OKE
The Guardian
By George Georgiopoulos ATHENS, Aug 27 (Reuters) - A surge in Greece's consumer inflation sparked by high oil prices is being worsened by chronic structural woes and threatens social cohesion, the country's Economic and Social Council (OKE) said on W...
KLdy1 - May08 - US Dollar. (dy1)
WN / Denise Yong
Dollar sinks on wholesale inflation, housing starts reports
CNN
Dollar sinks on weak economic reports | U.S. currency falls against euro, pound and yen after inflation report shows rising prices at the wholesale level, and housing report shows ...
Vietnam - Boats - River. (ps1)
Public Domain / -
Inflation soars in Vietnam and cripples economy
International Herald Tribune
| : Even the ghosts are suffering from inflation in Vietnam this year. | August is the month when Buddhists provide the hungry ghosts of the dead with food and wine and cigarettes ...
Customers select produce at a supermarket in Chicago, Tuesday, April 29, 2008. Consumer confidence fell for the fourth straight month because of heightened concerns about soaring inflation and the weakening job market. Wall Street is also worried that accelerating inflation could curtail consumer spending, which accounts for more than two-thirds of the U.S. econo
AP / Charles Rex Arbogast
US inflation soars to 5.6% high
NZ Herald
| Inflation in the United States soared to a 17-year high last month, dealing a blow to hopes that falling commodities prices will quickly take pressure off the American consumer. ...
Inflation expectations rise for 10th month in row
Belfast Telegraph
| Inflation expectations have risen for the 10th month running, despite recent falls in oil prices and mortgage rates, a survey shows. | Average expectations for inflation rose to 5 per cent this month from 4.8 per cent in July, the Lloyds TSB Corpor...
Domestic inflation still a concern
The Times of India
|                 George Soros recently said that since financial markets do not tend towards equilibrium, in the short term, they cannot be left to their own devices. Periodic crises bring forth regulator...
Oil's fall, inflation outlook lift stocks
The Columbus Dispatch
NEW YORK -- Wall Street capped a volatile week with sharp gains yesterday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrials rose nearly 200 points. | Specu...
Investments
Tricycle - Transportation - Traffic - Davao City - Philippines
(photo: WN / Janice Sabnal)
US firm to invest in gas conversion technology for RP tricycles
The Philippine Star
| US-based Energtek Inc. plans to invest in the business of converting tricycles into natural gas-run vehicles for the Philippine transport sector. | Energtek chief operating officer Lev Zaidenberg said they are looking at converting half a million tricycle units in the country into gas-powered models within the next three to four years. | A number...
Mergers
Jollibee
(photo: WN / Sweet Radoc)
Jollibee acquires China restaurant chain
The Philippine Star
| Fastfood giant Jollibee Foods Corp. (JFC) has sealed a deal to acquire 100 percent of Hongzhuangyuan, a chain of restaurants located mostly in Beijing, China, for $55.5 million (P2.5 billion). | In a disclosure yesterday to the Philippine Stock Exchange, JFC said the transfer of its ownership to JFC wholly-owned unit Jollibee Worldwide Pte. Ltd. ...
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