Economy

Here’s everything you need to know about Friday’s big jobs report

The U.S. labor market may have cooled some in July, as a gradual slowdown in the economy and Hurricane Beryl…

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are…

Private payroll growth slowed to 122,000 in July, less than expected, ADP says

Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm…

Euro zone inflation rises to 2.6% in July, above expectations

Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday, even…

Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction

The euro zone’s economy grew by more than expected in the second quarter of 2024, flash figures from the European…

Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government…

Why an indicator that has foretold almost every recession doesn’t seem to be working anymore

Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong…

Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking

Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…