Fig. 1. US CPI and PPI trends, year-on-year.

    The Dollar Is Losing Ground, but Will It Last?

    Weak inflation and labour market figures have led to a fall in the USD index. The strength of the UK economy and the pound is most likely only temporary. The US dollar has reacted differently to the inflation data. While the slowdown in consumer price inflation led to its strengthening, a slower pace of producer…

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      Where Celebrities Stayed for Their Euro Summers

      Euro summers have basically become an unspoken rite of passage amongst A-listers. Almost ritualistically, the season kicks off each May with the who’s who of Hollywood flocking to the South of France for the Cannes Film Festival, followed by yachting from the Monaco Grand Prix along the French Riviera in June. Then, just like clockwork,…

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      General Services Administration Administrator Edward Forst

        GSA orders AbilityOne audit over China-made products labeled as USA

        NEWYou can now listen to Fox News articles! FIRST ON FOX — An independent federal agency is under review for allegedly listing foreign-made products as American, including technology manufactured in China, and the Trump administration is demanding a sweeping audit of its products, pricing and supply chains. In a draft letter viewed exclusively by Fox…

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