January hiring was the lowest for the month on record as layoffs surged
Companies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor…
Euro zone inflation eases as expected, but core figures disappoint
Euro zone headline inflation eased slightly in January, flash figures published by the European Union’s statistics agency showed Thursday, while…
Private payroll growth slowed to just 107,000 in January, below expectations, ADP reports
Private payroll growth declined sharply in January, a possible sign that the U.S. labor market is heading for a slowdown…
IMF warns British government against more tax cuts
LONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as…
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union’s statistics agency…
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
An important inflation gauge released Friday showed that the rate of price increases cooled as 2023 came to a close.…
ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’
President Christine Lagarde on Thursday said she was “proud and honored” to leead the European Central Bank, after her leadership…
The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
The economy grew at a much more rapid pace than expected while inflation eased in the final three months of…
Turkey hikes interest rate again to 45% after inflation nears 65%
Turkey’s central bank on Thursday hiked its key interest rate by another 250 basis points to 45%. The hike to the…
