Business
US inflation trending lower; consumer spending strong in December
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.
The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold.