Long-term inflation expectations rise, spelling possible trouble for the Fed, survey shows
Consumers increasingly doubt the Federal Reserve can achieve its inflation goals anytime soon, according to a survey Monday from the…
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.…
