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US Economy Sees Robust Jobs Growth in December
US Economy Sees Robust Jobs Growth in December
Jobs growth in the US remained strong last month even as the economy wrestled with the impact of fast-rising prices.
Employers added 223,000 positions in December, pushing the jobless rate…
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US Signals Shift to Slower Interest Rate Increases
US Signals Shift to Slower Interest Rate Increases
The head of the US central bank has said authorities may start to ease up on interest rate hikes as soon as this month, after racing to raise borrowing costs earlier this year.
The…
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US Inflation Rate Slows as Fuel Costs Fall
US Inflation Rate Slows as Fuel Costs Fall
The rapid rise in consumer prices is slowing in the US, as the costs of energy, used cars, medical care and airfare fall.
US inflation was 7.1% over the 12 months to the end of November,…
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CPI: US Inflation Falls to Lowest in More Than a Year
CPI: US Inflation Falls to Lowest in More Than a Year
A sharp drop in energy prices, in particular petrol, is helping to ease cost-of-living pressures in the US.
US inflation was 6.5% over the 12 months to the end of December, down from…
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Does Easing US Inflation Point the Way for the World?
Does Easing US Inflation Point the Way for the World?
The US helped spark a global surge in the cost of living. Now that the country's price inflation shows signs of easing, does it point the way for the rest of the world?
The US was…
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Trump, Bankman-Fried and Musk Are the Monsters of American Capitalism
Trump, Bankman-Fried and Musk Are the Monsters of American Capitalism
For them, and for everyone who still regards them as heroes, there is no morality in business or economics. The winnings go to the most ruthless
If this past week…
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Speaker McCarthy’s Tidy 1st Week Disguises Trouble Ahead
Speaker McCarthy's Tidy 1st Week Disguises Trouble Ahead
Republican Kevin McCarthy wrapped his first full week as House speaker in the most outwardly orderly way
WASHINGTON (AP) — Chaos? In the House of Representatives?
Republican…
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U.S. Business Lobby Group Lambasts FTC Over Proposed Ban on Non-Compete Clauses
U.S. Business Lobby Group Lambasts FTC Over Proposed Ban on Non-Compete Clauses
The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that seeks to ban companies from having non-compete…
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For Most American Businesses, New Fed Rate Means Loans Now Start at 10%-plus Interest
For Most American Businesses, New Fed Rate Means Loans Now Start at 10%-plus Interest
KEY POINTS
The Federal Reserve raised its benchmark interest rate by 50 basis points on Wednesday, which sends small business loans to the…
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U.S. President Joe Biden to Visit Canada in March, PMO Says as ‘Three Amigos’ Meet
U.S. President Joe Biden to Visit Canada in March, PMO Says as ‘Three Amigos’ Meet
MEXICO CITY — U.S. President Joe Biden will visit Canada in March, the Prime Minister’s Office confirmed Tuesday as North America’s three leaders gathered…
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