Economy

Trump pledges to get tough with tariffs again if elected

Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties…

Saudi oil giant Aramco posts 25% fall in full-year profit

Saudi Arabia’s state oil giant Aramco reported a 25% decline in profit to $121.3 billion in 2023, down from $161.1…

Unemployment fell for Black women in February as more joined the labor force

Unemployment among Black women fell in February as the number of those looking for work increased, data released Friday by…

U.S. job growth totaled 275,000 in February but unemployment rate rose to 3.9%

Job creation topped expectations in February, but the unemployment rate moved higher and employment growth from the previous two months…

Jobs report Friday is expected to show a slowing but still healthy labor market

Job growth in the U.S. likely decelerated in February while still a long way from stall speed as companies continue…

Layoffs rise to the highest for any February since 2009, Challenger says

Layoff announcements in February hit their highest level for the month since the global financial crisis, according to outplacement firm…

European Central Bank hints at June rate cut as it trims inflation forecast

The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest…

Egypt hikes interest rates by 600 basis points, pound crumbles to record low

Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600…

Private payrolls rose by 140,000 in February, less than expected, ADP reports

Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday.…

Turkish annual inflation soars to 67% in February

Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…