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Financial News Around the World

Author: admin@finance

Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut

Sumerlin said on CNBC that lowering the Fed’s key rate would be an easy decision now.

Published 15 August 2025
Categorised as Finance News

As Trump berates Goldman, other economists agree that higher tariff inflation is coming

Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view.

Published 14 August 2025
Categorised as Finance News

Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts bank’s economist

Goldman Sachs economist David Mericle on Wednesday stood by a controversial forecast that tariffs will begin to hit consumer wallets.

Published 14 August 2025
Categorised as Finance News

‘Loud luxury’ is back as high-end brands look to rebound

The sartorial shake-up could herald a new era of large logos, bold branding and distinctive designs dominating catwalks to high streets.

Published 14 August 2025
Categorised as Finance News

Fed board contenders Miran, Bullard say Trump’s tariffs are not causing inflation

Both did not commit to how they would vote on interest rates. However, they praised Trump’s pro-growth agenda.

Published 13 August 2025
Categorised as Finance News

Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

The CPI was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core

Published 13 August 2025
Categorised as Finance News

Trump-Putin talks are already a triumph for Moscow, its economy and markets

Economists say the talks are “already a win” for Putin, whose economy is limping along after three years of war.

Published 12 August 2025
Categorised as Finance News

U.S.-China high-stakes tariff truce extension hangs in the balance as deadline looms

Following the latest bilateral meeting in Stockholm in July, Beijing had struck an optimistic tone on an extension, while U.S. negotiators had put the ball in Trump’s court.

Published 12 August 2025
Categorised as Finance News

AI is creating new billionaires at a record pace

With time, and IPOs, many of today’s private AI fortunes will eventually become more liquid, providing a historic opportunity for wealth management firms

Published 10 August 2025
Categorised as Finance News

From lipsticks and Labubu dolls to concerts, the ‘treatonomics’ trend is booming in uncertain times

Spending on mood-boosting products and experiences is proving resilient as consumers seek a morale boost in hard and uncertain times.

Published 9 August 2025
Categorised as Finance News

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