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Inflation Posts Highest One-Month Gain Since Great Recession

Inflation Posts Highest One-Month Gain Since Great Recession

MANHATTAN (CN) — Inflation jumped nearly 1% again last month, with the hot economy seeing the largest one-month increase since the early days of the Great Recession. Core inflation — a measure of prices, sans food and energy — and headline inflation — which measures all goods — both increased by 0.9%, about double what […]

G-20 Finance Ministers Back Deterring Use of Tax Havens

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G-20 Finance Ministers Back Deterring Use of Tax Havens

(AP) — Top finance officials representing most of the world’s economy have backed a sweeping revision of international taxation that includes a 15% global minimum corporate levy to deter big companies from resorting to low-rate tax havens. Finance ministers from the Group of 20 countries endorsed the plan at a meeting Saturday in Venice.  U.S. […]

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Promising Jobs Data Closes Out Positive First Half of 2021

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Promising Jobs Data Closes Out Positive First Half of 2021

The economic recovery is getting better, jobs are rolling in faster, and Wall Street is taking notice. A man walks out of a Marc’s Store in Mayfield Heights, Ohio, on Jan. 8, 2021. (AP Photo/Tony Dejak, File) MANHATTAN (CN) — The first six months of 2021 could have been better, but investors are hard-pressed to […]

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