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[ad_1] Persistent inflation is likely to keep U.S. interest rates high through 2023 and leave the U.S. susceptible to recession, financial-industry economists say. “The inflation picture...
[ad_1] The numbers: The number of people who applied for U.S. unemployment benefits in early June jumped to a nearly two-year high of 261,000, but most...
[ad_1] By Joshua Kirby The economy of the eurozone slipped into technical recession in the first quarter of the year, as forecasts were revised downward both...
[ad_1] The U.S. trade deficit jumped 23% in April to a six-month high of $74.6 billion, reflecting an increase in imports such as cell phones and...
[ad_1] Several major Chinese banks are set to lower their yuan and dollar deposit interest rates soon, the state-owned Securities Times reported Tuesday, citing unnamed sources...
[ad_1] The Turkish lira sank to new lows against the U.S. dollar on Wednesday, as concerns mounted over challenges facing the country’s new finance minister, and...
[ad_1] By Ed Frankl New orders at German factories fell unexpectedly in April, signaling continued declining demand in the country’s key manufacturing sector especially among foreign...
[ad_1] By James Glynn SYDNEY–The Reserve Bank of Australia announced its 12th rise in interest rates in just over a year on Tuesday, ratcheting up stress...
[ad_1] Orders for manufactured goods rose 0.4% in April, the Commerce Department said Monday. It is the fourth increase in factory-goods orders in the past five...
[ad_1] With just two days to spare, President Joe Biden signed legislation on Saturday that lifts the nation’s debt ceiling, averting an unprecedented default on the...
[ad_1] The numbers: The U.S. added a muscular 339,000 new jobs in May, underscoring the resilience of the economy in the face of rising borrowing costs....
[ad_1] By Yusuf Khan Central bankers have been given another shot in the arm for their fight against inflation as the cost of key foodstuffs fell...
[ad_1] By Ed Frankl French industrial production rebounded more than expected in April, suggesting that some pressures on output could be easing as supply bottlenecks loosen,...
[ad_1] Lawmakers and the White House appear set to avert a calamitous U.S. government default, but stock-market investors need to be aware that what comes next...
[ad_1] BEIJING (AP) — Asian stock markets sank Wednesday ahead of a vote by Congress on a deal to avert a government debt default, while a...
[ad_1] If there were no tax cheats in America, there would be no Social Security crisis. Benefits could be paid, and payroll taxes kept the same,...
[ad_1] WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation’s legal debt ceiling late Saturday as...
[ad_1] Saudi Arabia, Russia Ties Under Strain Over Oil-Production Cuts [ad_2] Source link
[ad_1] Japanese stocks are primed to outpace global peers this year, with the Nikkei 225 Stock Average reaching its highest level in nearly 33 years last...
[ad_1] U.S. stocks ended sharply higher Friday, with the technology-heavy Nasdaq Composite leading the way up, as hopes rose for a debt-ceiling deal in Congress. The...