Category: energy

Jan 31

Tokyo Inflation Hits Fastest Pace in a Year, Supporting BOJ View

Article content (Bloomberg) — The pace of price growth in Tokyo picked up, while other economic data suggested that Japan’s moderate recovery continues, backing the central bank’s economic outlook a week after authorities raised the benchmark rate again.  Article content Consumer prices excluding fresh food in the capital climbed 2.5% in January from a year […]
Jan 31

Trump Raised Millions From Crypto Firms for His Inauguration

Breadcrumb Trail Links PMN Business President Donald Trump’s inaugural committee received millions of dollars in donations from firms in the cryptocurrency industry that’s already seeing special attention from his administration, disclosures filed with the Senate Office of Public Records show. Author of the article: Bloomberg News Bill Allison Published Jan 30, 2025  •  2 minute […]
Jan 30

UK Households Set for Record Hike in Water Bills From April

Article content (Bloomberg) — Average UK water bills are set to rise 26% from April, the biggest ever increase for households and business still feeling the sting of a cost-of-living crisis. Article content The industry association Water UK announced details of the hike, which is adjusted to inflation, following industry regulator Ofwat’s final price determinations […]
Jan 30

Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape

Breadcrumb Trail Links PMN Business It’s not a skip, it’s a pause — and maybe an extended one. Author of the article: Bloomberg News Jonnelle Marte and Catarina Saraiva Published Jan 29, 2025  •  3 minute read nqe8h8u4uqve5sn]twcoj91i_media_dl_1.png Bureau of Economic Analysis Article content (Bloomberg) — It’s not a skip, it’s a pause — and […]
Jan 29

Fed to Hold Rates Steady and Brace for Trump

Breadcrumb Trail Links PMN Business Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how President Donald Trump’s policies will affect the economy. Author of the article: Bloomberg News Jonnelle Marte Published Jan 28, 2025  •  3 minute read qty}bmsb[58oa{n6iie0v}6l_media_dl_1.png Bureau of […]