Economy

Unemployment among Hispanic workers rises at faster pace in October than overall rate

The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according…

U.S. payrolls increased by 150,000 in October, less than expected

The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat…

Goldman Sachs says the Israel-Hamas war could have major implications for Europe’s economy

The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price…

One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs

The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…

Here’s what to watch in Friday’s big October jobs report

Apologies if you’ve heard this one before, but the jobs market is slowing down. No, really. Aside from the long-standing…

Bank of England governor says Israel-Hamas conflict poses risks to inflation fight

Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…

Labor costs show surprise decline in the third quarter

The cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the…