Articles filed under Economy
-
Why the U.S. job market has defied rising interest rates and expectations of high unemploymentSep 25, 2023 1:00 am - WASHINGTON - Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure - much higher interest rates,...
-
Sweden's central bank hikes key interest rate, saying inflation is still too highSep 21, 2023 1:00 am - STOCKHOLM - Sweden's central bank raised its key interest rate Thursday, saying that "inflationary pressures in the Swedish economy are still too high," although there w...
-
US applications for jobless benefits fall to lowest level in nearly 8 monthsSep 21, 2023 1:00 am - U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated i...
-
Bank of England joins US Fed in keeping interest rates unchanged after inflation declinesSep 21, 2023 1:00 am - LONDON - The Bank of England on Thursday joined the U.S. Federal Reserve in pausing interest rate increases after a surprising fall in U.K. inflation eased concerns abou...
-
Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflationSep 20, 2023 1:00 am - WASHINGTON - The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it's moderating its fight aga...
-
Post Labor Day, signs of a resurgent union movementSep 18, 2023 1:00 am - Recent events have brought new considerations for America's workforce and real signs of a resurgent labor movement. The labor market is tight. Concerns about inflation, ...
-
Applications for U.S. jobless benefits tick up slightlySep 14, 2023 1:00 am - The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before, as companies c...
-
Wholesale price inflation accelerated in August from historically slow paceSep 14, 2023 1:00 am - WASHINGTON - U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by ...
-
High gas prices push up inflation, but prices overall are slowly moving in the right directionSep 13, 2023 1:00 am - WASHINGTON - Inflation jumped last month largely because of a spike in gas prices but other costs rose more slowly, suggesting price pressures are easing at a gradual pa...
-
India seeks a greater voice for the developing world at G20 but the Ukraine war may overshadow talksSep 08, 2023 1:00 am - NEW DELHI - It's never been easy for the leaders of the world's largest economies to find common ground, but Russia's war on Ukraine has made it even harder for the Grou...