[ad_1] This pool image distributed by Sputnik agency shows Russian President Vladimir Putin meeting with the Tver region governor at the Kremlin in Moscow on… Read More »Russian ruble slumps to near 17-month low, moves past 100 against the dollar
[ad_1] A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing. The producer price index,… Read More »Wholesale prices rose 0.3% in July, higher than expected
[ad_1] Jim O’Neill, former chief economist Goldman Sachs Group, in Italy in 2019. Alessia Pierdomenico | Bloomberg via Getty Images Veteran economist Jim O’Neill says… Read More »Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
[ad_1] The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip… Read More »July CPI report shows inflation gauge rose 3.2%, less than expected
[ad_1] Jose Luis Pelaez Inc | Digitalvision | Getty Images Americans increasingly turned to their credit cards to make ends meet heading into the summer,… Read More »Credit card balances jumped in the second quarter and are above $1 trillion for the first time
[ad_1] Jamie Grill | Getty Images Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and… Read More »The story of inflation, as told through your child’s backpack
[ad_1] Job growth in July was less than expected, pointing to a slower pace in the U.S. economy though perhaps not a long-anticipated recession, the… Read More »July jobs report: U.S. payroll growth totaled 187,000, lower than expected
[ad_1] The labor market added a smaller-than-expected 187,000 jobs in July, but one sector delivered roughly half of that total. The health care and social… Read More »Here’s where the jobs are for July 2023 — in one chart
[ad_1] Fitch Ratings in New York, United States. Cem Ozdel | Anadolu Agency | Getty Images Growing political instability means the U.S. will not regain… Read More »The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011
[ad_1] Sinking Spring, PA – April 19: The sign at the McDonald’s restaurant on Penn Ave in Sinking Spring, PA April 19, 2021 with a… Read More »Private sector added 324,000 jobs in July, well above expectations, ADP says
[ad_1] Traders work on the floor of the New York Stock Exchange, June 29, 2023. Brendan McDermid | Reuters Global stock markets tumbled on Wednesday… Read More »U.S. debt downgrade sinks global markets — but economists are not concerned
[ad_1] Job vacancies and layoffs edged lower in June, according to a report Tuesday that points to a stable labor market. Employment openings totaled 9.58… Read More »Job openings, layoffs declined in June in a positive sign for the labor market
[ad_1] Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images Saudi Arabia’s economy slowed in the second quarter, as crude output… Read More »Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues
[ad_1] The Bank of Japan headquarters in Tokyo. Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy —… Read More »The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
[ad_1] Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures… Read More »Key Fed inflation rate falls to lowest annual level in nearly 2 years
[ad_1] The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced… Read More »European Central Bank raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’
[ad_1] The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster-than-expected pace during the period,… Read More »GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls
[ad_1] Turkish Central Bank Governor Hafize Gaye Erkan answers questions during a news conference for the Inflation Report 2023-III in Ankara, Turkey on July 27,… Read More »Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate
[ad_1] A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty… Read More »What new norm of slower Chinese growth could mean for the global economy
[ad_1] Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in… Read More »UK inflation rate slides to 7.9% in June, below expectations