Hong Kong stocks led a surge in Asian markets as China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed as much as 2.2pc to put it on track for a ninth consecutive day of gains, ...
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, ...
Gig work like ride-hailing is becoming more popular, per a Bank of America report. A cooling job market could be the reason.
The Federal Reserve is seeking to tame inflation while Biden aims to make the economy central to his re-election campaign ...
The Employment Cost Index (ECI), the broadest measure of labor costs, increased 1.2% last ... closer to the Fed's 2% target. Though job growth accelerated in the first quarter, surveys including ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.
3don MSN
Rolling coverage of the latest economic and financial news ...
When inflation is high, the Federal Reserve raises the federal funds rate with the goal of cooling off spending. The federal funds rate is the amount banks charge one another for overnight loans. When ...
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.
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