Breaking News: Economy

Inflation slows in May, with consumer prices up 3.3% from a year ago

The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…

UK GDP flatlines as PM Sunak pins election campaign on economy

LONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the…

Fed meeting and inflation report both hit Wednesday, and the impact could be huge

Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…

Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse

The main passageway into the Baltimore port was fully restored after the March 26 collapse of the Francis Scott Key…

Here’s where the jobs are for May 2024 — in one chart

Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing…

Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles

Russian President Vladimir Putin said Friday that nearly 40% of the country’s trade turnover is now in rubles as the…

U.S. adds a much-better-than-expected 272,000 jobs in May, but unemployment rate edges up to 4%

The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market…