Economy

How China’s shifting growth picture could hit global markets

China’s economy will be forced to recalibrate because of a “fractured” global order, and the new drivers of growth will…

Private payrolls rose by 242,000 in February, better than expected, ADP says

Companies added jobs at a brisk pace in February as the U.S. labor market kept humming, payroll services firm ADP…

Job openings declined in January but still far outnumber available workers

Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to…

UK economy rebounds with stronger-than-expected January GDP print

LONDON — The U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues…

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

The U.S. labor market surprised to the upside yet again in February, powered by continued strength in the service sectors…

Unemployment for Black and Hispanic women rose in February, but more workers join the labor force

The unemployment rate for Black and Hispanic women rose in February, but so did the number of people looking for…

Just like that: Market pricing swings back to quarter-point Fed rate hike

It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…

Something broke, but the Fed is still expected to go through with rate hikes

When the Federal Reserve starts to raise interest rates, it generally keeps doing so until something breaks, or so goes…

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest…

Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil

Moody’s Analytics chief economist Mark Zandi thinks the Federal Reserve is unlikely to raise interest rates at its March meeting…