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G20 talks overshadowed by Ukraine war as host Indonesia seeks consensus

Host Indonesia seeks to keep focus on global economic issues Cites commodity prices and debt pressure on low-income countries Yellen condemns Russia’s “brutal and unjust war” in Ukraine No walk out as Russian deputy finance minister addresses meeting NUSA DUA, Indonesia, July 15 (Reuters) – G20 finance leaders meeting in Bali must make progress tackling […]

The Subscription Economy Is Growing. Can Your Company Adapt?

Opinions expressed by Entrepreneur contributors are their own. The subscription economy has seen record growth and profitability recently. In fact, over the past decade, the subscription economy has grown almost five times faster than the S&P 500. Further, customers tend to feel more loyalty and spend more money with the brands they subscribe to. It’s […]

Economic data, commodities and markets

This article appeared in the Economic & financial indicators section of the print edition under the headline “Economic data, commodities and markets” From the July 16th 2022 edition Discover stories from this section and more in the list of contents Explore the edition Read more…

Dollar ascendant as CPI stokes Fed bets; Aussie jumps on strong jobs

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register TOKYO, July 14 (Reuters) – The dollar resumed its relentless rise on Thursday, driven by both expectations for faster Federal Reserve policy tightening and safe-haven flows amid growing fears of a recession. […]

Gas Prices, a Big Inflation Factor, Are Coming Down Sharply

HOUSTON — Gasoline prices, on an upward tear for months, have reversed course in recent weeks, giving consumers a welcome break. Gasoline was a major reason that U.S. consumer prices were 9.1 percent higher in June than a year earlier, the biggest annual increase in four decades. But now gas prices have declined 28 days […]

Cost-of-living crisis to hit women hardest, report says

A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022. Lucy Nicholson | Reuters A cost-of-living crisis sparked in part by higher fuel and food prices is expected to hit women the hardest, the World Economic Forum reported Wednesday, pointing to a widening gender gap in the global […]

Can the gig economy survive high gas prices?

Can the gig economy survive high gas prices? | Fortune … Read more…

California Wildfire: The Washburn Fire’s economic impact near Yosemite National Park

The Washburn Fire was 22% contained and moving away from the largest grove of sequoias in the park. Based on prevailing winds, it was unlikely to return to the grove Author: abc10.com Published: 6:42 PM PDT July 12, 2022 Updated: 6:42 PM PDT July 12, 2022 Read more…

The euro and the US dollar are at parity for first time in 20 years

The euro hit $1 on Tuesday, down about 12% since the start of the year. Fears of recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia’s invasion of Ukraine. The European Union, which received roughly 40% of its gas through Russian pipelines before the war, is attempting to […]

President Biden faces deadline in U.S. railroad labor standoff

U.S. President-elect Joe Biden speaks about the U.S. economy as Vice President-elect Kamala Harris stands by following their briefing with economic advisers in Wilmington, Delaware, U.S., November 16, 2020. REUTERS/Kevin Lamarque/File Photo Register now for FREE unlimited access to Reuters.com Register LOS ANGELES, July 12 (Reuters) – U.S. President Joe Biden faces a deadline next […]