Eshe Nelson

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U.K. Inflation Jumps to 10.1 percent, Pushed Higher by Food

The surge in prices is expected to peak in the autumn, when household energy bills are expected to sharply increase.

ECB Surprises With Big Rate Rise, Its First in 11 Years

Policymakers are trying to slow soaring inflation while avoiding a recession among the countries that use the euro.

Euro Hits Parity With U.S. Dollar for First Time in 20 Years

In recent months, pressure on the euro has been mounting while investors have been flocking to the U.S. dollar, a haven in times of economic...

Inflation Is Posing 19 Problems for One Central Bank

After more than a decade of worrying about low inflation, the European Central Bank is trying to tackle the problem of high inflation across the...

Bank of England raises rates for a fifth time, to 1.25 percent.

Inflation is reaching deeper into the British economy, the bank said, as businesses raise prices and workers seek higher pay.

Stagflation and Recession Warnings Plague U.K. Businesses

Higher prices plus a labor shortfall plus a national economic contraction make it hard to plan for the future.

Weakened Euro May Become Equal to the U.S. Dollar

The euro hasn’t fallen below the one-to-one exchange rate with the U.S. dollar for two decades. But as economic risks grow, more analysts predict deeper...

Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy

Elvira Nabiullina got another five-year term as head of Russia’s central bank after quelling the initial market panic over the invasion of Ukraine.

Elon Musk offers to buy Twitter for $54.20 a share.

“Twitter has extraordinary potential. I will unlock it,” the Tesla chief executive said in a regulatory filing.

Russia Cuts Interest Rates to 17 Percent as Ruble Recovers

The unscheduled rate change came after the ruble had regained most of its losses since Russia invaded Ukraine.
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