Economy

Saudi Arabia nearly doubles estimate for the value of its mineral resources

Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during…

Top Goldman Sachs analyst says the world is moving into a new super cycle

The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to…

The 2023 U.S. economy, in a dozen charts

The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…

Here’s where the jobs are for December 2023 — in one chart

The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment…

Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note

The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data…

U.S. payrolls increased by 216,000 in December, much better than expected

The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than…

Friday’s jobs report will be a big signal for a market looking for good news

When the December jobs report is released Friday morning, markets will be looking for a number that hits a sweet…

St. Louis Fed names former Tudor executive Alberto Musalem as new president

Economist Alberto Musalem was named the next president and CEO of the Federal Reserve Bank of St. Louis on Thursday.…

Private payrolls added 164,000 in December, beating expectations, ADP says

Hiring in the private sector rose at a faster-than-expected pace in December, closing out a strong 2023 for the resilient…

Job openings nudged down in November, down to lowest in more than two years

Demand for workers fell to its lowest level in more than 2½ years in November while hirings and layoffs both…