A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer […]
December 2023
Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Job openings tumbled in October to their lowest in 2½ years, a sign the historically […]
Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
DUBAI, United Arab Emirates — Saudi Arabia announced a 30-year tax exemption package for foreign companies establishing […]
U.S. consumers will soon wake up to ‘out of control’ interest on their credit cards, economist says
The U.S. economy should be able to avoid a recession next year — but a […]
Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in […]
Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
LONDON — The Bank of England on Wednesday warned that although household finances are faring better than […]
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in […]
Here’s what the market will be looking for in Friday’s key jobs report
At a time when the economy is supposed to be slowing, Friday’s jobs report is […]
‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by […]
China vows to ‘moderately’ strengthen fiscal policy to bolster economic recovery
China’s top decision-making body of the ruling Communist Party on Friday said the country’s fiscal […]