By Innovation Times Economic DeskOctober 15, 2025 | London UK Chancellor Rachel Reeves has confirmed that the government is weighing both tax increases and spending cuts as part of its …
inflation
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By Innovation Times Business DeskOctober 15, 2025 | New York As the holiday shopping season approaches, a new nationwide survey reveals that most U.S. consumers expect higher prices, slower spending, …
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By Innovation Times Business & Economy DeskOctober 14, 2025 | Washington, D.C. Federal Reserve Chair Jerome Powell has indicated that the central bank’s tightening program may be approaching its end, …
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The Reserve Bank of Australia’s decision to implement a modest interest rate cut has set the stage for a political showdown, with Prime Minister Anthony Albanese facing growing pressure to …
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Washington, D.C. – February 14, 2025 – President Donald Trump has ordered the U.S. Treasury Department to halt the production of pennies, reigniting a debate that has persisted for decades. …
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US Business Affairs
Kenyan Shilling Holds Steady Against US Dollar Amidst Fluctuating African Currencies
by Mael Julesby Mael JulesThe Kenyan shilling remained unchanged against the U.S. dollar on Tuesday, as data from the London Stock Exchange Group (LSEG) showed no significant movement in the exchange rate. At 0931 …
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US Business Affairs
Nigeria’s Largest Labour Union Suspends Planned Telecom Protest Amid Talks with Government Over Tariff Hike
by Mael Julesby Mael JulesNigeria’s largest labour union, the Nigeria Labour Congress (NLC), has made a significant move by suspending its planned nationwide protest against a 50% hike in telecommunications tariffs, following an agreement …
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The U.S. economy faces a significant challenge as it navigates the complex interplay of persistent high inflation, rising tariffs, and the Federal Reserve’s efforts to stabilize economic conditions. As President …
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Oil prices are headed for a weekly decline as heightened concerns over global trade tensions and potential tariffs threaten to disrupt the energy markets. The latest round of uncertainty stems …
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The U.S. dollar has experienced a sharp decline following remarks from former President Donald Trump, suggesting that he may soften his approach toward China tariffs if he were to regain …