UK house prices in surprise rise in May

Nationwide building society says prices rose by 0.4% despite buyers facing "affordability pressures".
2024-05-31 14:09:13

Starmer vows green energy push, but SNP says plans will destroy jobs

The Labour leader is in Scotland to launch his energy plans, including a pledge to start work on green projects within months.
2024-05-31 07:08:49

Report recommends better police training following riots in France

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2024-05-29 22:08:13

Shop price rises back to 'normal', says retail body

Household budgets have come under pressure as prices soared in the wake of the pandemic.
2024-05-28 07:08:05

German economy saw small growth in first quarter, data confirms

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2024-05-24 14:09:18

German economy saw small growth in first quarter, data confirms

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2024-05-24 10:09:09

Israel shows ambassadors with Palestine statehood plan hostage video

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2024-05-24 00:06:48

Ha ez a férfi elveszíti a pert, az erõs üzenet lesz a pedofiloknak

A bíróság elõtt kell felelnie a tetteiért annak az amerikai férfinek, aki mesterséges intelligencia segítségével generált pedofil képeket, majd el is küldte azokat egy fiatalkorúnak. Ha bûnösnek találják, 70 év börtönt kaphat.
2024-05-23 13:11:05

Ha ez a férfi elveszíti a pert, az erõs üzenet lesz a pedofiloknak

A bíróság elõtt kell felelnie a tetteiért annak az amerikai férfinek, aki mesterséges intelligencia segítségével generált pedofil képeket, majd el is küldte azokat egy fiatalkorúnak. Ha bûnösnek találják, 70 év börtönt kaphat.
2024-05-23 13:10:59

Report: Israeli war cabinet tells hostage negotiators to keep trying

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2024-05-23 08:08:23

Traveler Shows Off Inventive Solution to Avoiding Oversized Baggage Fees

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2024-05-23 03:06:59

Disturbing video shows abduction of female Israeli soldiers

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2024-05-22 21:08:50

Report: Anti-Semitic incidents in Berlin at record high since October

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2024-05-22 17:09:31

Germany's central bank predicts economy will pick up speed in Q2

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2024-05-22 15:09:10

Get ready for even bigger rate hikes from the Fed

The jobs market is still healthy and paychecks are growing at a solid rate ? although not fast enough to make up for surging prices on just about everything. That means that the Federal Reserve is increasingly certain to raise interest rates in May by a half-point to halt inflation in its tracks.
2022-04-01 21:09:29

What to expect from Friday's jobs report

Ahead of Friday's closely watched jobs report, economists polled by Refinitiv say they are expecting job growth to have slowed in November, with just 200,000 positions added.
2022-12-01 19:12:25

America added 431,000 jobs in March

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now, the recovery is moving into a new phase -- one that will likely be slower.
2022-04-01 20:06:40

The next phase of the US jobs recovery has begun

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.
2022-03-31 17:23:26

The next phase of the US jobs recovery has begun

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.
2022-03-31 21:12:28

Tough jobs report scrambles Washington battle ahead of crucial week

A bust in the latest US government jobs report is electrifying the Washington battle over Joe Biden's massively ambitious programs and offering an early hint of the political peril the President could face if the economy doesn't bounce back strongly.
2021-05-10 07:05:39

The economy is starting to cool ? but the job market is 'like an inferno'

The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest overseas, and some of the biggest names in business have cut thousands of jobs ? but America's labor market hasn't skipped a beat.
2022-09-01 20:08:46

The US job market remains robust, but is showing signs of cooling

When the Bureau of Labor Statistics releases its latest monthly jobs report on Friday morning, all eyes will be on whether the labor market is showing signs of loosening up ? one of many crucial factors that will help the Federal Reserve determine its next steps in its fight against decades-high inflation.
2022-10-07 21:08:30

If prices keep rising, a nightmare scenario for the US economy is possible

There's no denying it: Inflation is here. Consumer prices surged 7% over the past year. Housing prices have continued to soar, too. But the question on the minds of many economists and Wall Street strategists is whether something even worse could be in the cards: prices rising as the economy slows.
2022-01-14 18:06:21

Larry Summers: More likely the Fed can pull off a soft landing, but don't get hopes up

After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can pull off a soft landing, but cautioned it is a "big mistake" to think the economy is "out of the woods" on Fareed Zakaria GPS Sunday.
2023-02-06 23:24:59

What the wave of tech layoffs tells us about the US economy

Friday's jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst expectations of 200,000, even as unemployment ticked up to 3.7%.
2022-11-07 19:06:21

What to expect from the jobs report on Friday

The US labor market has kept trucking right along even as other areas of the economy have slowed.
2023-04-06 15:08:20

One million vacancies and soaring wages fuel UK inflation fears

Job vacancies in the United Kingdom hit a record high last month and wages soared by 7.4% between April and June, adding to fears of a prolonged period of rising prices as companies pass on higher costs to consumers.
2021-08-17 14:05:45

The Delta variant threatens to slow the jobs recovery

2021-09-03 15:05:48

Biden says 'Americans are back to work'

President Joe Biden on Friday touted the March jobs report that showed the US added another 431,000 jobs in March and the American unemployment rate fell to a new pandemic-era low of 3.6%.
2022-04-01 20:06:41

Why today's inflation report is so important

Federal Reserve policy is based on trust. The central bank's ability to maintain stable prices depends on the public's confidence that it can deliver. But after more than a year of interest rate hikes and attempts to cool the economy, prices are still rising at a pace well above the Fed's 2% goal and the public is becoming increasingly weary.
2023-02-24 15:06:34

America adds 428,000 jobs in April

The days of millions of job gains per month are behind us, and the US labor market recovery has now moved into a new phase, complete with new challenges: It's not that companies don't want to hire, it's that there were nearly two available positions for every unemployed person as of March. That is constraining how many jobs can be added each month.
2022-05-06 19:06:57

America's job growth is starting to slow

The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase, complete with new challenges: It's not that companies don't want to hire, it's that there were nearly two available positions for every unemployed person as of March. That is constraining how many jobs can be added each month.
2022-05-05 20:12:45

Biden's climate push promises 'jobs, jobs, jobs.' Here's what that might look like

In his first address to a joint session of Congress last week, President Joe Biden framed his climate change agenda as a once-in-a-generation economic opportunity, speaking directly to blue-collar workers. He promised that his focus on the environment would result in "jobs, jobs, jobs."
2021-05-03 03:06:54

Economists' crystal balls are growing cloudier. But they still expect a recession

The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren't stellar. And mortgage rates are ticking higher.
2023-02-27 08:06:24

White-collar workers are feeling the brunt of the Fed's rate hikes. Here's why

September's hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors evaluated the report, which showed more jobs than expected were added to the US economy and indicated that more pain-inflicting interest rate hikes from the Federal Reserve lie ahead.
2022-10-10 21:06:13

American factories are desperate for workers. It's a $1 trillion problem

Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work.
2021-05-04 22:06:41

Opinion: The Fed doesn't have a choice anymore. Get ready for a recession

To many economists and analysts, the US economy has represented a paradox this year. On the one hand, GDP growth has slowed significantly, and some argue, even entered a recession. On the other hand, overall employment growth has been much stronger than normal.
2022-10-07 21:06:34

Today's good economic news could spell trouble for Americans down the road

The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot.
2023-03-09 20:07:41

Surging prices show the Fed must continue its tough battle against inflation

A key inflation report showed consumer prices came in hotter than expected in September, punishing Americans and giving license to the Federal Reserve to maintain its pace of historic rate hikes.
2022-10-13 22:09:22

Elon Musk has 'super bad feeling' about economy, wants to slash Tesla jobs

Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters.
2022-06-03 12:06:20

A key inflation measure just hit a nearly four-decade high

Prices remain high in America, and inflation shows no sign of slowing down anytime soon.
2021-12-23 15:05:53

The cost of food is down, but grocery bills are still up. Here's why

Why aren't prices falling at the grocery store? When food producers started raising prices a few years ago, they blamed their own costs, including higher ingredient prices. But ingredient prices have actually been on a downswing for months, and individuals are still paying more for food.
2023-03-09 15:11:13

US sees jobs surge as hope for rebound rises

US employers added 379,000 jobs in February, the Labor Department said in its monthly jobs report.
2021-03-05 16:06:40

These states have posted the most dramatic post-pandemic job gains

More than a dozen US states reached or exceeded their pre-pandemic employment levels in March, and more than one-third have reported record-low unemployment rates, according to data from the US Bureau of Labor Statistics.
2022-04-20 02:05:49

Gas prices are skyrocketing. Here's why people haven't cut back on spending - yet

Soaring gas prices have done little to slow US drivers' purchases at the pump. But they could start to spend less on other goods and services, which would be a strong headwind for an increasingly shaky US economy, experts say.
2022-06-02 23:05:56

A record number of Americans quit their jobs in 2021

Last year was a historic one for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before.
2022-02-01 18:06:24

What jobs crisis? Top Chinese regulator says tech is booming

One of the regulators behind China's dramatic crackdown on private enterprise has tried to quell growing concerns about the impact on employment, saying the country's biggest tech companies have added nearly 80,000 jobs since July and are "full of confidence."
2022-04-11 17:05:58

This key inflation measure held steady in May

An inflation gauge closely followed by the Federal Reserve showed consumer prices remained flat in May, indicating that inflation had yet to abate, despite the central bank's initial efforts to cool the economy.
2022-06-30 15:06:34

Why America's economy remains surprisingly strong -- but you don't realize it

Each week brings head-scratching contradictory news about the economy. This past week was no different, with a batch of economic reports showing that ? despite the recession talk ? the US economy shows remarkable resilience.
2022-12-23 17:09:15

US stocks tumble

US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer ? something investors fear will force interest rates up sooner than expected.
2021-03-04 21:05:40

The 'yes, but' economy. Yes, we're worried about recession ? but the economy remains resilient

Each week brings head-scratching contradictory news about the economy, and this past week was no different, with a batch of economic reports showing that ? despite the recession talk ? the US economy shows remarkable resilience.
2022-12-04 16:27:28

Wages are going up. Here's what that means for the economy

When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June.
2021-07-02 15:05:42

A record number of Americans quit their jobs in 2021

Last year was a historic year for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before.
2022-02-02 14:13:37

Cheaper oil and Ukraine war are blowing a hole in Russia's finances

There are new signs of strain in the Russian economy as energy prices fall and nearly seven months of war in Ukraine prove increasingly costly.
2022-09-16 16:06:16

There is no end to America's rising prices

America's high prices didn't budge in January. Another key inflation measure showed prices rising last month.
2022-02-16 16:06:59

Mixed bag for jobs: Employers keep hiring, but unemployment rises

The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of hiring and higher unemployment.
2022-11-05 08:08:18

Inflation data shows US prices were still uncomfortably high last month

New inflation data shows that US prices are still uncomfortably high, despite aggressive action from the Federal Reserve to rein in decades-high inflation.
2022-10-28 23:06:20

The Fed's favorite inflation measure cooled in October

A key measure of consumer prices slowed somewhat in October, another hopeful sign that inflation pressures could be moderating.
2022-12-01 19:12:18

Latest inflation report shows wholesale prices rose at a slower pace last month

A key measure of inflation, wholesale prices, rose by 8% in October from a year before, according to the latest report from the Bureau of Labor Statistics.
2022-11-15 15:06:13

What's getting pricier at the grocery store

Inflation may be slowing just a bit, but food prices are on fire.
2022-05-12 17:09:10

Germans 'will be poorer' because of the war in Ukraine

Germany "will be poorer" because of Russia's assault on Ukraine, the government's economy minister has warned, as soaring energy prices fuel record inflation and threaten to tip Europe's biggest economy into a recession.
2022-03-31 21:12:18

Why grocery prices keep surging

Grocery costs keep climbing. Prices of meat, seafood, produce, cereal and other kitchen staples shot up 9% in 2021.
2022-01-31 15:05:56

This will be an incredibly expensive Christmas. Shoppers don't care

You've probably noticed that prices have gone up on groceries, essentials, home appliances, fast food and all sorts of consumer goods. Inflation is at more than a decade-long high.
2021-10-31 17:05:45

All bets are off if Fed and White House are wrong about inflation

The White House and the Federal Reserve broadly agree: Inflation isn't here to stay. Red-hot prices will cool off as the US economy reopens.
2021-07-28 14:05:51


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