It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared.

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher.

Mary Ellen Iskenderian’s Women’s World Banking has partnered with more than 70 organizations around the world to reach over 185 million women.

JPMorgan Chase’s chairman and CEO, Jamie Dimon, says a “hard landing” for the U.S. cannot be ruled out.

Europe needs a “more mature” attitude to trade and must avoid a global decoupling while it secures its economy and addresses Chinese state subsidies, the EU’s economics chief Paolo Gentiloni told CNBC on Wednesday.

After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as the year progresses.

Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.

High U.S. interest rates traditionally spell bad news for emerging markets, making their debts — which are often priced in U.S. dollars — more expensive.

The core personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, unchanged from February and slightly higher than expected.

The U.S. 2-year Treasury yield

 rose close to 5% on Thursday following data indicating strength in the manufacturing sector.