Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates…
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…
Jobless rates rise in April for all racial groups except Black Americans
The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the…
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, lifting hopes that the Federal…
Turkey’s inflation accelerates to nearly 70% in April
Turkey’s inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday. The highest consumer…
Here’s what to expect from the April jobs report on Friday
Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that…
UK to suffer slowest growth of all rich nations next year, OECD says
The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next…
BlackRock is opening a Saudi investment firm with initial $5 billion from PIF
Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from…
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S.…
