2023-12-08 16:02:18 Chinese President Xi Jinping chairs a symposium on advancing the integrated development of the Yangtze River Delta and delivers an important speech in east China’s Shanghai, Nov. 30, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images China’s top decision-making body of the ruling Communist Party on Friday said the country’s … Read more
2023-12-08 16:39:36 The U.S. job market once again surprised to the upside in November, as strong growth in health care and a few other sectors helped the economy add nearly 200,000 jobs and push the unemployment rate down. Health care and social assistance added more than 93,000 jobs for the month, making it the top … Read more
2023-12-08 16:40:38 Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy. Nonfarm payrolls rose by a seasonally adjusted 199,000 for the month, slightly better than the 190,000 Dow Jones estimate and ahead of the unrevised October … Read more
2023-12-08 17:10:34 Commuters arrive at the Oculus Center in Manhattan, New York City, on Nov. 17, 2022. Spencer Platt | Getty Images The labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S. Department of Labor. The overall unemployment rate declined 0.2% to 3.7% last month, … Read more
2023-12-13 08:42:45 A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England is all but certain to keep its main interest rate unchanged at 5.25% for a third consecutive meeting on Thursday, but … Read more
2023-12-13 10:19:44 Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank meets this week with investors closely monitoring to see when the Frankfurt institution might start to cut interest rates. It will be too early to declare victory in the battle against inflation, … Read more
2023-12-13 15:11:57 Wholesale prices were flat in November, providing a leading indicator that inflation is easing, the Labor Department reported Wednesday. The producer price index, which measures a broad range of prices on final demand items, was unchanged for the month, following a 0.4% decrease in October but less than the Dow Jones estimate for … Read more
2023-12-14 15:13:43 Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued easing. Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%, the Commerce Department reported Thursday. The total … Read more