They were, however, offset by falling gasoline prices, leaving the overall CPI unchanged last month after a 0.2 percent increase in October. Within it, pulses and onions saw maximum increase of 58% and 53%, respectively.
“The problem for (the Bank’s) hawks is that inflation needs to show more life and, before late Q1, hope for that looks slim”, said Todd Elmer, a strategist with Citi. This flattening of wage growth appears to have poured water on the flames of any potential rate...
U.S. President Barack Obama has said he is sending Defense Secretary Ash Carter to the Middle East to work with coalition partners “on securing more military contributions” to the fight against Daesh.
A woman takes a picture of a 1:6 scale model of the Star Wars’ Millennium Falcon spaceship displayed in a shopping mall in Hong Kong on November 30, 2015.
SpringOwl Asset Management LLC, another investor, proposed a plan to reduce the number of Yahoo’s employees. Inc.is facing additional pressure from investors who are running out of patience to see results.
The roll out follows a deal cut with The Beer Store earlier this year, which will eventually see 450 grocery stores stock the alcoholic beverage while at the same time protecting The Beer Stores interests.
The commodities rout continues ahead of an historic Federal Reserve meeting this week. The plunge in oil prices, which has been spurred by excess global supplies, continues to be a drag on inflation, which raises doubts about further action from the Fed. The main driver of oil...
Disney took over a kilometre of Hollywood Boulevard for the premiere of Star Wars: The Force Awakens, complete with fan bleachers and spotlights everywhere.
A Gardena electric auto startup announced Thursday that it will build a $1-billion production plant in North Las Vegas and could draw on a $335-million package of tax incentives proposed by Nevada Gov. Brian Sandoval. At the time, the location hadn’t been chosen, but we now...
Matthias Mueller, chief executive officer of Volkswagen AG, and former chief executive of Porsche, told a news conference in Wolfsburg, Germany, on December 10 the company was committed to keeping its 12 brands.
In 2012, late Saudi King Abdullah bin Abdulaziz Al Saud announced that women would be given the right to vote and run in municipal elections for the first time in the country.
It took Conor McGregor (19-2-0, 7-0 UFC) just 13 seconds to knock out Jose Aldo (25-2-0, 7-1 UFC) and take the UFC featherweight championship away from the Brazilian on Saturday night at UFC 194 in Las Vegas.