Young job seekers are finding it tougher to find employment, despite a bustling labor market: ‘It was brutal’
After receiving a graduate degree, Julianna Larock was bombarded with news about the powerful labor market and how much demand…
Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness…
Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get…
Job openings fell again in April, hitting lowest level since February 2021 in a sign of labor market weakening
Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the…
Turkey’s inflation passes 75% in what economists believe is peak
Inflation in Turkey topped 75% in May, up from 69.8% in April, in what economists expect to be the peak…
OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says
The prominent OPEC+ oil producers’ alliance is awaiting concrete central bank action on interest rates before factoring in the potential…
The Fed’s preferred inflation measure rose 0.2% in April, as expected
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according…
Euro zone inflation rises to 2.6% in May, but bloc still seen heading for interest rate cut
Inflation in the euro zone rose to 2.6% in May, statistics agency Eurostat said Friday, but a higher-than-expected print did…
Fed’s favorite inflation gauge is expected to show very slow progress on Friday
Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to…
Global debt has grown to $315 trillion this year — here’s how we got here
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt…
