‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…
Here’s what the market will be looking for in Friday’s key jobs report
At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers…
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and is unlikely to…
Private payrolls increased by 103,000 in November, below expectations, ADP says
Private sector job creation slowed further in November and wages showed their smallest growth in more than two years, payrolls…
Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
LONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing…
