Economy

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.…

Inflation remains sticky in Europe, with core prices cooling less than expected

Inflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline…

Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago

Inflation rose in line with expectations in January, according to an important gauge the Federal Reserve uses as it deliberates…