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1-10 results from 1000 for query «inflation»

January 6, 2019 11:28 AM Iran's central bank proposes slashing four zeros from falling currency: IRNA

DUBAI (Reuters) - Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency plunged in a year marked by an economic crisis fueled by U.S. sanctions. “A bill to remove four zeros from the national currency was presented to the government by the central bank yesterday and I hope this matter 83

December 22, 2018 6:49 AM Iran executes businessman for economic crimes: state TV

DUBAI (Reuters) - Iran on Saturday executed a businessman sentenced to death by a fast-track court set up to fight economic crimes, state television reported, following an outcry against profiteering and corruption that has seen dozens of people jailed. The new Islamic revolutionary courts — whose rulings cannot be appealed, except in the case of death 81

December 13, 2018 2:24 PM Advocacy group drafts U.S. privacy bill as effort grows to make law next year

WASHINGTON (Reuters) - A consumer advocacy group backed by large American technology companies on Thursday unveiled a U.S. privacy bill that strictly limits collection of biometric and location information and calls for punishment by fines, as Congress weighs nationwide regulation to supersede new California rules. The Washington-based Center for Democracy 95

December 6, 2018 10:17 PM J&J unit to pay $360 million to U.S. to resolve charity kickback probe

BOSTON (Reuters) - A Johnson & Johnson unit will pay the U.S. government $360 million to resolve an investigation into its financial support of a charity that helped Medicare patients cover out-of-pocket drug costs, the Justice Department said on Thursday. The settlement with Actelion Pharmaceuticals US Inc, which became a subsidiary of J&J following 92

November 2, 2018 2:16 PM US wage growth hits nine-year high

Wages in the US grew at their fastest pace for nine years last month, according to the latest official figures. The US Labor Department said wages grew at an annual rate of 3.1% in October, accelerating from a rate of 2.8% the month before. The economy also added 250,000 jobs last month, which was well ahead of analysts' expectations. Most sectors of the economy 82

October 27, 2018 11:21 AM Iran's Rouhani says U.S. isolated against Iran

DUBAI (Reuters) - Iranian President Hassan Rouhani said on Saturday that the United States was isolated among its traditional allies in its confrontation with Iran, and that even Europe was siding with Tehran against the reimposition of U.S. sanctions. “It does not happen often that the U.S. makes a decision and its traditional allies abandon it,” Rouhani 59

October 18, 2018 6:10 PM Quarles Backs Fed’s Gradual Policy Course

Official says there are many reasons to be optimistic about the economy’s potential Federal Reserve Vice Chairman for Supervision Randal Quarles reaffirmed the central bank’s gradual monetary-policy course Thursday, saying policy makers should avoid focusing too much on metrics that come with a higher degree of uncertainty, such as some measures of labor 58

October 18, 2018 1:08 PM Fed’s Bullard Says Modernized Taylor Rule Supports No Rate Changes

Rule can be updated to take greater account of inflation-expectations data and reduced labor-market impact on price pressures, he says St. Louis Fed President James Bullard said Thursday that a modernized way of looking at a venerable monetary-policy rule supports his belief that no rate rises are needed right now. Mr. Bullard said the Taylor Rule, which 56

October 16, 2018 3:00 PM Chinese Consumers Feel More Pain Than Official Data Suggests

Inflation is well below the government’s 3% target, but figures fail to reflect the real rise in cost of housing, education, health care BEIJING—Inflation is merely creeping higher in China, according to the official data, but consumers are feeling a more intense sting from surging living costs, exacerbated by the impact of the trade fight with the U.S. on prices 52

October 11, 2018 10:46 PM Consumer Prices Rise 0.1%, Less Than Forecast

Modest price increases caused the pace of inflation-adjusted earnings to rise at the strongest rate in six months WASHINGTON—Consumer prices rose less than expected for the second straight month, a sign inflationary pressures remain in check despite solid economic growth and low unemployment. While that’s good for American households finally starting 62