Inflation slowed to a 3.1% annual rate in November
Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations,…
Inflation fears down, consumer optimism up: Economy may start to help Biden with voters
Two new surveys released in recent days suggest consumers may be starting to feel more optimistic about inflation. This could…
U.S. pension funds heavily invested in China complicate Washington’s crackdown, new analysis finds
U.S. proposals to clamp down on investments in China may be being undermined by continued funding from some of America’s…
Spanish economist picked to lead the EU’s massive lending unit lays out her priorities
The incoming head of one of the world’s largest development banks says it must become faster and more efficient in order…
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…
Argentine President Milei warns economic shock unavoidable in maiden speech
Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to…
EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT
The European Union on Friday agreed to landmark rules for artificial intelligence, in what’s likely to become the first major…
Unemployment among Asian workers and Black men rises in November while the overall rate declines
The labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S.…
Here’s where the jobs are for November 2023 — in one chart
The U.S. job market once again surprised to the upside in November, as strong growth in health care and a…
