|
Feb 03, 2023
January's jobs data shows the unemployment rate fell for Black women. A tight labor market may be playing a role.
|
|
Feb 03, 2023
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
|
|
Feb 03, 2023
Leisure and hospitality saw an increase of 128,000 jobs in the month, led by 99,000 jobs in restaurants and bars alone.
|
|
Feb 03, 2023
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
|
|
Feb 01, 2023
Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before.
|
|
Jan 31, 2023
The employment cost index increased 1% in the October-to-December period, the Labor Department reported Tuesday.
|
|
Jan 31, 2023
Euro zone narrowly avoided a contraction as energy prices provide some relief.
|
|
Jan 30, 2023
In its latest economic update, the institution said the global economy will grow 2.9% this year.
|
|
Jan 27, 2023
The personal consumption price index excluding food and energy for December increased 4.4% from a year ago.
|
|
Jan 26, 2023
Gross domestic product was expected to rise 2.8% at an annualized pace in the fourth quarter, according to Dow Jones estimates.
|
|
Jan 20, 2023
If Cuba loses in the U.K.'s High Court, it could ultimately cost the island nation billions in long overdue payments.
|
|
Jan 18, 2023
Powell is experiencing "mild symptoms," according to the announcement.
|
|
Jan 18, 2023
The producer price index was expected to decrease 0.1% in December, according to Dow Jones estimates.
|
|
Jan 18, 2023
The producer price index was expected to decrease 0.1% in December, according to Dow Jones estimates.
|
|
Jan 16, 2023
After China's reopening and a deluge of positive data surprises, economists are upgrading their previously gloomy outlooks for the global economy.
|
|
Jan 12, 2023
The question now is how much more evidence policymakers will need to see before they take their foot off the brake.
|
|
Jan 12, 2023
The consumer price index was expected to decrease 0.1% on a monthly basis and increase 6.5% from a year ago in December, according to Dow Jones.
|
|
Jan 10, 2023
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic conditions.
|
|
Jan 10, 2023
France's legal retirement age is currently 62 — lower than many developed markets, including much of Europe and the U.S.
|
|
Jan 10, 2023
France's legal retirement age is currently 62 — lower than many developed markets, including much of Europe and the U.S.
|
|
Jan 09, 2023
The one-year inflation outlook declined to 5%, down 0.2 percentage point from the previous month and the lowest level since July 2021.
|
|
Jan 06, 2023
Those figures bucked the trend in the broader economy, which showed unemployment in the U.S. fall to 3.5%.
|
|
Jan 06, 2023
The region's consumers have embraced digital channels, and their spending is set to grow. New research highlights how companies can generate more value from this segment in the coming years.
|
|
Jan 05, 2023
Private payrolls rose by 235,000 for the month, well ahead of the 153,000 Dow Jones estimate.
|
|
Jan 04, 2023
Demand for employment remained high in November as companies looked for workers to fill positions despite worries of a looming recession.
|
|
Jan 04, 2023
The U.K.'s economic contraction in 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity.
|
|
Dec 28, 2022
The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion.
|
|
Dec 15, 2022
The European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its key rate from 1.5% to 2%.
|
|
Dec 15, 2022
Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation.
|
|
Dec 14, 2022
Here's a quick look at the multiple variables that will come into play when this week's Fed meeting concludes Wednesday.
|
|
Dec 14, 2022
U.K. inflation came in slightly below expectations at 10.7% in November, as cooling fuel prices helped ease price pressures.
|
|
Dec 13, 2022
The consumer price index was expected to increase 0.3% in November, according to Dow Jones estimates.
|
|
Dec 12, 2022
A survey indicated that consumers see one-year inflation running at a 5.2% pace, down 0.7 percentage point from the October reading.
|
|
Dec 09, 2022
The producer price index, a measure of what companies get for their products in the pipeline, increased 0.3% for the month and 7.4% from a year ago.
|
|
Dec 08, 2022
The 2022 surplus came to 102 billion riyals ($27 billion), constituting 2.6% of Saudi gross domestic product, the kingdom's finance ministry said.
|
|
Dec 02, 2022
As far as jobs reports go, November's wasn't exactly what the Federal Reserve was looking for.
|
|
Dec 02, 2022
The U.S. unemployment rate remained unchanged at 3.7% in November.
|
|
Dec 02, 2022
Service sector categories showed strong growth in November, while other areas lost jobs.
|
|
Dec 02, 2022
Nonfarm payrolls were expected to increase by 200,000 in November, according to Dow Jones estimates.
|
|
Dec 01, 2022
The core personal consumption expenditures price index was expected to rise 0.3% in October and 5% from a year ago, according to Dow Jones estimates.
|
|
Dec 01, 2022
The Fed's policy tightening and a strengthening dollar are having a knock-on effect on African nations' balance sheets and public debt burdens.
|
|
Nov 30, 2022
Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.
|
|
Nov 30, 2022
The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the month.
|
|
Nov 30, 2022
The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the month.
|
|
Nov 30, 2022
Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October
|
|
Nov 30, 2022
In a tweet early Wednesday, Musk called on the Fed "to cut interest rates immediately" or risk "amplifying the probability of a severe recession."
|
|
Nov 30, 2022
Global markets have taken heart in recent weeks from data indicating that inflation may have peaked, but analysts have warned against the return of the "transitory" inflation narrative.
|
|
Nov 28, 2022
Topic: RobocarsCruise announced today it would expand robotaxi operations to Phoenix and Austin and was able to do so very easily. They plan to have $1B in revenue by 2025 and even sell cars to consumers by then.
More details at Cruise expands to Phoenix and Austin
|
|
Nov 16, 2022
The Fed governor said he's open to reducing the level of interest rate increases to half a percentage point in December.
|
|
Nov 16, 2022
Having "a lot of security, military, defense alliances" could make the world more dangerous, the president of the Center for China and Globalization said.
|
|
Nov 15, 2022
Households increased debt during the third quarter at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances.
|
|
Nov 15, 2022
The producer price index was expected to show a monthly increase of 0.4% in October, according to Dow Jones estimates.
|
|
Nov 14, 2022
"I think it will probably be appropriate soon to move to a slower pace of rate increases," she told Bloomberg News in a live interview.
|
|
Nov 14, 2022
Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.
|
|
Nov 11, 2022
The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month's reading.
|
|
Nov 11, 2022
The third-quarter contraction was less than the -0.5% expected by analysts.
|
|
Nov 10, 2022
Federal Reserve officials welcomed Thursday's inflation news but cautioned against getting too excited by the data.
|
|
Nov 10, 2022
The consumer price index was expected to rise 0.6% from September to October and 7.9% from a year ago, according to Dow Jones estimates.
|
|
Nov 08, 2022
Anxiety over the cost of living and the direction of the economy could prove costly to President Biden — and his fellow Democrats.
|
|
Nov 04, 2022
Workers of color continue to see higher rates of unemployment than their white counterparts.
|
|
Nov 04, 2022
The health care and manufacturing sectors added notable gains.
|
|
Nov 04, 2022
Nonfarm payrolls were expected to increase by 205,000 in October, according to Dow Jones estimates.
|
|
Nov 03, 2022
The cost of labor rose less than expected, but low productivity helped keep pressure on inflation in the third quarter.
|
|
Nov 02, 2022
Companies added 239,000 positions in October, ahead of the Dow Jones estimate of 195,000, ADP reported Wednesday.
|
|
Nov 01, 2022
Employment openings for the month totaled 10.72 million, well above the FactSet estimate of 9.85 million.
|
|
Oct 28, 2022
Consumers and corporations have strong underlying credit and are not holding back, Brian Moynihan said.
|
|
Oct 28, 2022
The core personal consumption expenditures price index increased 0.5% from the previous month and accelerated 5.1% over the past 12 months.
|
|
Oct 28, 2022
Consumers and corporations have strong underlying credit and are not holding back, Brian Moynihan said.
|
|
Oct 27, 2022
Gross domestic product was expected to grow at a 2.3% annualized pace in the third quarter, according to Dow Jones.
|
|
Oct 26, 2022
No stranger to political pressure, the Fed chief this week found himself the focus of concern in a letter from Democratic Sen. Sherrod Brown.
|
|
Oct 26, 2022
Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expect a U.S. recession.
|
|
Oct 24, 2022
One thing's clear at the start of the corporate earnings season: Inflation is still a hot topic for companies.
|
|
Oct 21, 2022
The U.S. budget deficit was sliced in half for fiscal 2022, the biggest drop in history following two years of huge Covid-related spending.
|
|
Oct 21, 2022
Tesla founder Elon Musk thinks the global economic contraction can last for another year and a half.
|
|
Oct 21, 2022
Latinos are underrepresented in all areas of finance. Groups of venture capital firms are looking to change that.
|
|
Oct 20, 2022
According to The Conference Board's Leading Economic Indicators index, conditions worsened in September.
|
|
Oct 19, 2022
Rising interest rates and pricier homes have increased the pressure on multigenerational households seeking adequate housing.
|
|
Oct 19, 2022
Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy.
|
|
Oct 16, 2022
Port congestions and container shortages are easing as Chinese exports slow in the face of waning demand from Western economies, logistics data shows.
|
|
Oct 14, 2022
Retail and food services sales in total were little changed for the month after rising 0.4% in August.
|
|
Oct 13, 2022
The consumer price index was expected to increase 0.3% in September, according to Dow Jones estimates.
|
|
Oct 12, 2022
The producer price index was expected to rise 0.2% in September, according to Dow Jones estimates.
|
|
Oct 11, 2022
Consumers expect the inflation rate a year from now to be 5.4%, the lowest number in a year and a decline from 5.75% in August.
|
|
Oct 10, 2022
JPMorgan Chase CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and gas to help alleviate the global energy crisis.
|
|
Oct 10, 2022
The Fed likely is making a mistake in its hardline stance against inflation, Ark Invest's Cathie Wood said Monday.
|
|
Oct 10, 2022
U.S.-based economists Ben Bernanke, Douglas Diamond and Philip Dybvig win the Nobel prize in economic sciences for research on banks and financial crises.
|
|
Oct 09, 2022
Allianz Chief Economic Adviser Mohamed El-Erian said he predicts headline inflation "will probably come down to about 8%," but that core inflation "is still going up."
|
|
Oct 08, 2022
Leisure and hospitality and health care saw solid growth in September.
|
|
Oct 07, 2022
The unemployment rate among Hispanic workers dropped sharply in September, while those employed or searching for work declined significantly.
|
|
Oct 07, 2022
September's payrolls report provided assurance that the jobs market is strong and that the Fed will have to do more to slow it down.
|
|
Oct 07, 2022
Leisure and hospitality and health care saw solid growth in September.
|
|
Oct 07, 2022
Nonfarm payrolls in September increased 263,000 for the month, compared to the Dow Jones estimate of 275,000. The unemployment rate was 3.5%.
|
|
Oct 07, 2022
Siegel said he was one of the first to warn of the Fed's "inflationary policies" in 2020 and 2021, but "the pendulum has swung too far in the other direction."
|
|
Oct 06, 2022
Investors are closely watching the nonfarm payrolls report due out Friday, but not for the usual reasons.
|
|
Oct 05, 2022
Businesses added 208,000 for the month, better than the 200,000 Dow Jones estimate and ahead of the upwardly revised 185,000 in August.
|
|
Oct 04, 2022
The consequences for the Federal Reserve not bringing inflation under control could be severe.
|
|
Oct 04, 2022
Available positions totaled 10.05 million for the month, a 10% drop from the 11.17 million reported in July.
|
|
Oct 04, 2022
"A scenario whereby house prices crash ... is looking increasingly likely," U.K. economist Andrew Goodwin warned.
|
|
Sep 30, 2022
In 2021, Gautam Adani was not on the top 10 list of the world's richest people. But in 2022, the Indian billionaire settled in behind Jeff Bezos and Bernard Arnault as No. 4.
|
|
Sep 30, 2022
The personal consumption expenditures price index excluding food and energy rose 0.6% for the month after being flat in July.
|
|
