Core inflation rate slows to 3.2% in December, less than expected
Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with…
Global Economy News, Financial Trends & Market Analysis
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German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The skyscrapers of the Frankfurt skyline in the evening, with the Deutschherrn Bridge in the foreground.Frank Rumpenhorst | Picture Alliance…
New Zealand won’t ‘get rich’ by focusing trade in the South Pacific alone, PM says
Cattle photographed in New Zealand. Agriculture plays a major role in New Zealand’s economy, especially when it comes to exports.David…
Budget deficit rose in December and is now 40% higher than it was a year ago
A view from the United States Department of the Treasury building in Washington DC, United States on December 30, 2024.…
Inflation watch: Wholesale prices rose 0.2% in December, less than expected
A measure of wholesale prices increased less than expected in December, providing indication that pipeline inflation pressures eased to close…
Spike in UK borrowing costs raises specter of public spending cuts
The march higher in U.K. government bond yields since the launch of the Labour government’s debut budget plan in October…
Where new jobs were in 2024, and potential growth areas in a second Trump term
Shapecharge | E+ | Getty ImagesThe labor market may be poised for dislocation with President-elect Donald Trump set to take…
The unemployment rate for Black women fell in December, following a sharp rise
A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx…
Here’s where the jobs are for December 2024 – in one chart
Getty ImagesDecember’s job report marked yet another month of stronger-than-expected growth, with gains coming from many different parts of the…
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Job growth was much stronger than expected in December, possibly providing the Federal Reserve less incentive to cut interest rates…
Friday’s jobs report could present a mixed view of the labor market. Here’s what to expect
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts…
Trump could declare national economic emergency to justify universal tariffs, CNN reports
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025.Carlos Barria | ReutersPresident-elect Donald…
Private sector companies added 122,000 jobs in December, less than expected, ADP says
A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in…
Euro zone inflation rose to 2.4% in December, meeting expectations
A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill…
Trump reportedly considering important alteration to tariff plans
U.S. President-elect Donald Trump looks on during Turning Point USA’s AmericaFest at the Phoenix Convention Center on December 22, 2024…
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget’, survey finds
UK firms are planning to raise prices to cover higher tax payouts as confidence among businesses tumbled to its lowest…
Key Fed inflation measure shows 2.4% rate in November, lower than expected
Prices barely moved in November but still held higher than the Federal Reserve’s target when looked at from a year…
Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…
UK inflation rises to 2.6% in November, in line with expectations
The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district,…
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting…
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