Inflation

In this Nov. 27, 2019 photo, Wadlande Pierre, right, talks on her mobile phone as she helps her mother, Vanlancia Julien, center, at their fruit and vegetable stand on a sidewalk in Delmas, a district of in Port-au-Prince, Haiti. Pierre, 23, said she temporarily moved in with her aunt in the southwest town of Les Cayes to escape the violent protests in Port-au-Prince. However, she had to move back to the capital because there was no gas, power or water in Les Cayes, and food was becoming scarce. (AP Photo/Dieu Nalio Chery)
1010 WINS Newsroom
December 07, 2019 - 11:34 am
Port-au-Prince (AP) — The flaming barricades are mostly gone, protesters have largely dissipated and traffic is once again clogging the streets of Haiti’s capital, but hundreds of thousands of people are now suffering deep economic aftershocks after more than two months of demonstrations. The...
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The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)
1010 WINS Newsroom
November 29, 2019 - 5:50 am
LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain’s departure from the European Union. The European Union’s statistics agency...
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FILE - In this Oct. 17, 2019, file photo Harley Davidson motorcycles are on display at a dealership in Ashland, Va. On Wednesday, Nov. 27, the Commerce Department issues its October report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Steve Helber, File)
1010 WINS Newsroom
November 27, 2019 - 10:48 am
WASHINGTON (AP) — Americans increased their spending in October at the fastest rate in three months even though income growth was essentially flat, its weakest showing in 13 months. The Commerce Department said Wednesday that consumer spending rose 0.3% last month, the best showing since a 0.5%...
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Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn., Monday, Nov. 25, 2019. Powell and Federal Reserve Bank of Boston President Eric Rosengren toured a working-class neighborhood in East Hartford and met with residents to get a closer look at their challenges. (AP Photo/Steven Senne)
1010 WINS Newsroom
November 25, 2019 - 7:28 pm
Federal Reserve Chairman Jerome Powell is sketching an optimistic view of the economy but signaling that continued low inflation means higher interest rates won’t likely be necessary anytime soon. Powell says that even with unemployment near a 50-year low of 3.6%, there’s still “plenty of room” for...
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File-This July 31, 2019 file photo shows the Federal Reserve Building in Washington. The Federal Reserve says corporate debt remains at historically high levels but overall the U.S. financial system is resilient, a view in sharp contrast to the problems that led to the 2008 financial crisis. (AP Photo/Patrick Semansky, File)
1010 WINS Newsroom
November 20, 2019 - 3:50 pm
WASHINGTON (AP) — Most Federal Reserve officials believed last month that the three rate cuts they have made this year would be enough unless the economy weakened significantly. The minutes of the October Fed meeting, released Wednesday, reveal that “most participants” thought that this year’s rate...
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Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, Oct. 30, 2019. The Federal Reserve cut rates for the third time this year. (AP Photo/Susan Walsh)
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November 13, 2019 - 11:47 am
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s testimony before the Joint Economic Committee about the outlook for the U.S. economy (all times local): 11:45 a.m. Federal Reserve Chairman Jerome Powell says that the unemployment rate, already near a 50-year low, could drop...
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FILE - In this Sept. 16, 2019, file photo prices are displayed on a gas pump in Pittsburgh. On Wednesday, Nov. 13, the Labor Department reports on U.S. consumer prices for October. (AP Photo/Gene J. Puskar, File)
1010 WINS Newsroom
November 13, 2019 - 8:33 am
WASHINGTON (AP) — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March. The Labor Department said Wednesday that its consumer price index rose 0.4% in October after a flat reading in September. Gasoline prices, after drops in August and September,...
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Britain's Prime Minister Boris Johnson walks from the front door of number 10 to deliver a speech in Downing Street, London, on Wednesday, Nov. 6, 2019, ahead of the formal start of the General Election. Britain's five-week election campaign officially began Wednesday, when Parliament was dissolved ahead of the Dec. 12 vote. (AP Photo/Matt Dunham)
1010 WINS Newsroom
November 06, 2019 - 11:54 am
LONDON (AP) — Under normal circumstances, the Bank of England would be looking to cut interest rates. The economy is slowing and inflation is below target. But these are no normal times in Britain, with a general election due Dec. 12 that will have profound implications for the economy, as it could...
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A group of government workers hold placards while protesting in Harare, Wednesday, Nov, 6, 2019. Zimbabwe police Wednesday blocked government workers from marching to protest for better salaries, a day after dozens of public hospital doctors were fired for striking for more pay. (AP Photo/Tsvangirayi Mukwazhi)
1010 WINS Newsroom
November 06, 2019 - 9:11 am
HARARE, Zimbabwe (AP) — Zimbabwe police Wednesday blocked government workers from marching to protest for better salaries, a day after dozens of public hospital doctors were fired for striking for more pay. Strikes have become frequent in the southern African country in recent weeks as the economy...
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Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)
1010 WINS Newsroom
October 31, 2019 - 7:20 am
FRANKFURT, Germany (AP) — The 19-country eurozone economy grew at a subdued pace in the third quarter, continuing a shaky upswing amid trade disputes and uncertainty over Brexit. At the same time, weaker inflation figures cast a shadow over the outlook and presented a challenge for the new...
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