Breaking News: 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…

Stock market bubble? Analysts explain why they’re not worried

Despite the heavy concentration of the U.S. market rally in expensive, AI-focused tech stocks, analysts say Wall Street is not…

Watch Fed Chair Jerome Powell testify live on Capitol Hill before House panel

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Powell reinforces position that the Fed is not ready to start cutting interest rates

Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but…

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.…