US wholesale inflation rose a hotter-than-expected 0.7% in August — the biggest advance in 14 months. For the full article, click here.
Central Bank
The Federal Reserve Increases Interest Rates amid Banking Crises
The Federal Reserve continued to increase interest rates by quarter of percent (25 basis points) on Wednesday, a decision subject to speculation by financial experts, as the central bank weighed reducing soaring inflation and the stability of the banking system. For...