Breaking News: Economy
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Blog
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…
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Tech
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…
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World
DOJ ‘will not be intimidated’ by partisan attacks, AG Garland tells House panel
US Attorney General Merrick Garland testifies during a hearing of the House Committee on the Judiciary oversight of the US…
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World
UK inflation dips to 6.7%, below expectations as food prices ease
A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that…
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Tech
More companies, especially airlines, warn higher costs will eat into profits
An American Airlines 787 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC More companies are warning that a…
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Travel
European Central Bank hikes rates to record level, hints at possible peak
President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of…
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Business
Here’s the inflation breakdown for August 2023, in one chart
Gasoline was priced from $4.29 a gallon at a fuel station in Virginia on Aug. 16, 2023. Anadolu Agency |…
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Tech
August core inflation, excluding food and energy, rose 0.3%, hotter than expected
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…
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Travel
Germany predicted to be the only major European economy to contract this year as recession lingers
A metalworker grinding a peace of metal is pictured in a forge in Klitten, Germany. Manufacturing activity has struggled this…
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