The UK Labour Party has a Biden-esque economic plan — but it’s very different to Bidenomics
LONDON — The U.K.’s main opposition Labour Party last week set out the economic platform it hopes will propel it…
Philadelphia Fed President Harker advocates holding interest rates ‘where they are’
Philadelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates. “Absent a…
JPMorgan Chase CEO Jamie Dimon warns this is ‘the most dangerous time’ for the world in decades
JPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from its top executive about…
Biden takes credit for easing inflation, strong job market as GOP polls better on economy
WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…
Here’s the inflation breakdown for September 2023 — in one chart
Inflation was unchanged in September, but price pressures seem poised to continue their broad and gradual easing in coming months,…
While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
Artificial intelligence might be driving concerns over people’s job security — but a new wave of jobs are being created…
Consumer prices rose 0.4% in September, more than expected
Prices that consumers pay for a wide variety of goods and services increased at a slightly faster-than-expected pace in September,…
Already a humanitarian crisis, war with Hamas could have major impact on Israel’s economy
As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how…
Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
Wholesale inflation rose 0.5% in September, more than expected
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The…
