Shipping giant Maersk unveils world’s first vessel using green methanol
Copenhagen, DENMARK — Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol, a landmark moment…
August core inflation, excluding food and energy, rose 0.3%, hotter than expected
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…
Fears over access to credit hit highest level in more than a decade, New York Fed survey shows
American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to…
Taylor Swift is single-handedly giving a boost to hotel industry revenue
Taylor Swift is providing a gold rush for the hotel industry. The “Cruel Summer” singer’s attention-grabbing “Eras” tour has pushed…
‘Very stupid’: Italy’s bank tax remains controversial as government scrambles to update it
Italy’s shock tax on banks continues to prove controversial, even as the government insists it can improve it. Europe’s main…
Black unemployment rate declines in August, even as it rose across the board
The unemployment rate for Black workers slipped in August, bucking the broader trend of a higher overall jobless rate. The…
Here’s where the jobs are for August 2023 — in one chart
The August jobs report was another sign that the U.S. labor market is cooling off, though some of the sectors…
Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000
The unemployment rate rose sharply in August, as the summer of 2023 neared a close with a job market in…
Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last
Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the…
U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly…
