FRANKFURT, Germany (AP) — Inflation in Europe tumbles more than expected to 2.4%, clearing the way for central bank to cut interest rates.
The Fed’s preferred inflation gauge had its slowest annual increase in more than three years, likely getting policy makers closer to the conviction needed to ease monetary policy.
Russia’s Central Bank on Friday raised its key lending rate to its highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow's military action in Ukraine. “Growth in domestic demand is still outstripping the capabilities to expand the supply of goods and services,” the bank said in a statement. It noted that inflationary risks have been driven by high inflation expectations and changing trade terms as a result of “geopolitical tensions,” a reference to Western sanctions against Russia over its action in Ukraine.
A man accused of a series of sexual assaults on his wedding night and honeymoon has been found not guilty on all charges in a Sydney court.
The "Late Show" host mocked the former president over one curious claim.
Commuters were noticeably annoyed by the disturbance, one man told Yahoo, and were 'shifting away' from the men in question.
The former president put debate plans on pause, and critics are calling him out over it.
"Something about the question mark after 'old and quite weird' is taking me out."
Rafa Nadal has left the tennis world stunned. Find out more here.
Hundreds of Aussie tourists are being denied entry into Indonesia’s island paradise for one reason.
Republican presidential candidate Donald Trump called in to Fox News Thursday, where he told supporters that presumptive Democratic nominee Kamala Harris is a “radical left, not very smart person” who’s part of a massive conspiracy to weaponize the nation’s legal system against him. Harris’ campaign fired back mere minutes later with an email blasting the “78-year-old convicted criminal’s Fox ...
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FBI director Christopher Wray said investigators did not know whether Trump’s ear was grazed by a bullet or shrapnel
BGT judge Amanda Holden looked flawless as she holidayed with her mini-me daughters Lexi and Hollie. Take a look inside their lavish Greek getaway…
The Pussycat Dolls singer showed off the racy look in spicy new social media snaps.
‘As a very tall and big man, I have had this happen more than a few times,’ one commenter related to the Reddit post
Linda Kosuda-Bigazzi killed her husband with a hammer before hiding his body in the basement of their home and pocketing his paychecks for months
The Summer 2024 Olympics officially kick off in Pairs on Friday, July 26.
Three men who allegedly forced two Aussie teenagers who were dating each other to marry have fronted court.
Australian TV legend Robin Eastwood has died aged 62, with her production company issuing a statement on social media.
A Kmart product has gone viral on social media after shoppers began using it for a very different purpose than what the retailer intended. Read more.
