- Editor
- 23 Ağustos 2024
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for…
- Editor
- 23 Ağustos 2024
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a…
- Editor
- 21 Ağustos 2024
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…
- Editor
- 19 Ağustos 2024
Fed survey shows lows in employment, worries about finding work and dissatisfaction with pay
In another sign of cracks forming in the U.S. labor market, a New York Federal Reserve survey Monday showed a…
- Editor
- 19 Ağustos 2024
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor…
- Editor
- 17 Ağustos 2024
Egg prices are rising once again as bird flu limits supply
Egg prices are climbing, placing the household staple back in the spotlight as consumers stay concerned not only about inflation…
- Editor
- 15 Ağustos 2024
Consumer spending jumped in July as retail sales were up 1%, much better than expected
Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce…
- Editor
- 15 Ağustos 2024
UK economy expands 0.6% in second quarter; June growth stalls
The U.K. economy grew by 0.6% in the second quarter of the year, the Office for National Statistics said Thursday,…