Jobless rate ticks higher in October for white Americans, bucking the broader trend
A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx…
Global Economy News, Financial Trends & Market Analysis
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U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast…
Friday’s jobs report is expected to show the slowest pace of hiring in years
Hiring signs outside a Stewart’s gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg…
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.The…
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
Line-up of pumpkins in the Netherlands, on Oct. 27, 2024.Nurphoto | Nurphoto | Getty ImagesInflation in the 20-nation euro zone…
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia’s finance minister said, expressing…
Ray Dalio concerned about America postelection: ‘Both candidates worry me’
Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America…
Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
Private job creation burst to its highest level in more than a year during October, despite a devastating storm season…
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong…
Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession
Passers-by walk in the pedestrian zone of the Bavarian capital.Peter Kneffel | Picture Alliance | Getty ImagesGermany’s inflation surged to…
Euro zone growth hits two-year high of 0.4%, beating expectations
People walk down the iconic Alcalá street on a very hot afternoon in Madrid, Spain.Miguel Pereira | Getty Images News…
Vista’s Robert Smith: How to prevent AI from further widening the racial wealth gap
Human resources and technology concept for AI augmenting team work.Leowolfert | Istock | Getty ImagesThe rise of artificial intelligence (AI)…
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year…
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…
German finance minister warns of retaliation if U.S. kicks off trade war
Christian Lindner, Germany’s finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of…
Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation
09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the…
China schedules meeting expected to reveal fiscal stimulus details
A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023.Jade Gao | Afp…
Global public debt will hit $100 trillion by year-end, says IMF
A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International…
U.S., China trade tariffs escalating would be ‘costly for everybody,’ IMF deputy director says
An escalation of trade and tariffs tensions between the U.S. and China would have “costly” economic consequences around the world,…
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…
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