blockbuster jobs report suggests fed can raise rates without tanking the economy austan goolsbee says

Felkapott temak: Szűcs Nelli | Sparkly | Vincent Kompany | Cameron Boyce | Köves Slomó | Konferencia Liga | Dürer Park | Olympiacos | Johnny Wactor | Molnár Miklós, Magyar Péter | Judi Dench | Kapu Tibor | Kapu Tibor | Éder Krisztián | Tokár Tamás |

Report recommends better police training following riots in France

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One in five pro footballers use snus or nicotine pouches, study suggests

About one in five professional footballers who took part in a new survey are using snus, nicotine pouches or both.

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After five weeks of blockbuster testimony, lawyers on both sides make their final pitches to the jury.

2024-05-28 16:08:38

Tories pledge 'Triple Lock Plus' pension allowance

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2024-05-28 00:06:33

German economy saw small growth in first quarter, data confirms

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2024-05-24 14:09:18

German economy saw small growth in first quarter, data confirms

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Report: Israeli war cabinet tells hostage negotiators to keep trying

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Italian museum recreates Tanzanian butterfly forest to raise awareness on biodiversity research

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Report: Anti-Semitic incidents in Berlin at record high since October

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Germany's central bank predicts economy will pick up speed in Q2

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Report says China is accelerating the forced urbanization of rural Tibetans

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Lithuania to Raise Taxes to Cover Higher Defense Expenditures

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2024-05-21 13:11:48

UK has room for three rate cuts this year, IMF says

The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.

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Water investors have withdrawn billions, says research

A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.

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Water investors have withdrawn billions, says research

A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.

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Former South Africa leader Zuma promises jobs and free education as he launches party manifesto

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Lewisham woman, 82, bikes up Mont Ventoux to raise Gaza aid funds

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2024-05-18 11:09:43

What to expect from Friday's jobs report

Ahead of Friday's closely watched jobs report, economists polled by Refinitiv say they are expecting job growth to have slowed in November, with just 200,000 positions added.

2022-12-01 19:12:25

America added 431,000 jobs in March

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now, the recovery is moving into a new phase -- one that will likely be slower.

2022-04-01 20:06:40

The next phase of the US jobs recovery has begun

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.

2022-03-31 17:23:26

The next phase of the US jobs recovery has begun

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.

2022-03-31 21:12:28

Tough jobs report scrambles Washington battle ahead of crucial week

A bust in the latest US government jobs report is electrifying the Washington battle over Joe Biden's massively ambitious programs and offering an early hint of the political peril the President could face if the economy doesn't bounce back strongly.

2021-05-10 07:05:39

The economy is starting to cool ? but the job market is 'like an inferno'

The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest overseas, and some of the biggest names in business have cut thousands of jobs ? but America's labor market hasn't skipped a beat.

2022-09-01 20:08:46

The US job market remains robust, but is showing signs of cooling

When the Bureau of Labor Statistics releases its latest monthly jobs report on Friday morning, all eyes will be on whether the labor market is showing signs of loosening up ? one of many crucial factors that will help the Federal Reserve determine its next steps in its fight against decades-high inflation.

2022-10-07 21:08:30

Larry Summers: More likely the Fed can pull off a soft landing, but don't get hopes up

After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can pull off a soft landing, but cautioned it is a "big mistake" to think the economy is "out of the woods" on Fareed Zakaria GPS Sunday.

2023-02-06 23:24:59

What the wave of tech layoffs tells us about the US economy

Friday's jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst expectations of 200,000, even as unemployment ticked up to 3.7%.

2022-11-07 19:06:21

What to expect from the jobs report on Friday

The US labor market has kept trucking right along even as other areas of the economy have slowed.

2023-04-06 15:08:20

The Delta variant threatens to slow the jobs recovery

2021-09-03 15:05:48

Fed Chairman Powell: We need to raise interest rates quickly

The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary policy, according to Fed Chairman Jerome Powell.

2022-03-21 21:09:03

Biden says 'Americans are back to work'

President Joe Biden on Friday touted the March jobs report that showed the US added another 431,000 jobs in March and the American unemployment rate fell to a new pandemic-era low of 3.6%.

2022-04-01 20:06:41

Jobs report shows economy doesn't have maximum employment or stable prices

2021-02-08 15:05:54

America adds 428,000 jobs in April

The days of millions of job gains per month are behind us, and the US labor market recovery has now moved into a new phase, complete with new challenges: It's not that companies don't want to hire, it's that there were nearly two available positions for every unemployed person as of March. That is constraining how many jobs can be added each month.

2022-05-06 19:06:57

China cuts rates as lockdowns and a real estate crisis take their toll

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.

2022-08-15 11:07:38

China cuts rates as lockdowns and a real estate crisis take their toll

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.

2022-08-15 11:09:38

America's job growth is starting to slow

The days of millions of job gains per month are behind us and the US labor market recovery has moved into a new phase, complete with new challenges: It's not that companies don't want to hire, it's that there were nearly two available positions for every unemployed person as of March. That is constraining how many jobs can be added each month.

2022-05-05 20:12:45

Billionaires should face a minimum tax rate, report says

A 2% rate on the world's wealthy could raise as much as $250bn a year, a report suggests.

2023-10-23 12:08:20

Biden's climate push promises 'jobs, jobs, jobs.' Here's what that might look like

In his first address to a joint session of Congress last week, President Joe Biden framed his climate change agenda as a once-in-a-generation economic opportunity, speaking directly to blue-collar workers. He promised that his focus on the environment would result in "jobs, jobs, jobs."

2021-05-03 03:06:54

Economists' crystal balls are growing cloudier. But they still expect a recession

The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren't stellar. And mortgage rates are ticking higher.

2023-02-27 08:06:24

UK inflation at 10-year high sets stage for interest rate rise within weeks

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade.

2021-11-17 11:41:01

UK inflation at 10-year high sets stage for interest rate rise within weeks

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade.

2021-11-17 21:13:14

White-collar workers are feeling the brunt of the Fed's rate hikes. Here's why

September's hotly anticipated jobs data ended up cooling markets on Friday. Stocks fell sharply as investors evaluated the report, which showed more jobs than expected were added to the US economy and indicated that more pain-inflicting interest rate hikes from the Federal Reserve lie ahead.

2022-10-10 21:06:13

Goldman Sachs has a new prediction that could affect your wallet

The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low unemployment, Goldman Sachs advised clients on Sunday evening.

2022-01-10 17:06:36

American factories are desperate for workers. It's a $1 trillion problem

Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work.

2021-05-04 22:06:41

Today's good economic news could spell trouble for Americans down the road

The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot.

2023-03-09 20:07:41

The Fed faces a 'no-win situation' but must keep raising interest rates: Former Fed official

The shocking implosion of Silicon Valley Bank should not deter the Federal Reserve from its war on inflation, according to former FDIC and Fed official Thomas Hoenig.

2023-03-14 15:07:56

Elon Musk has 'super bad feeling' about economy, wants to slash Tesla jobs

Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters.

2022-06-03 12:06:20

US sees jobs surge as hope for rebound rises

US employers added 379,000 jobs in February, the Labor Department said in its monthly jobs report.

2021-03-05 16:06:40

PR stunt or show of strength? Russia slashes interest rates

Russia slashed interest rates on Thursday as a resurgent ruble ? buoyed by robust oil and gas revenues and government support ? takes some pressure off its wobbling economy.

2022-05-26 14:07:50

Bank of England fights inflation with biggest rate hike in 33 years

The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards recession.

2022-11-03 16:06:21

US stocks tumble

US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer ? something investors fear will force interest rates up sooner than expected.

2021-03-04 21:05:40

A record number of Americans quit their jobs in 2021

Last year was a historic one for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before.

2022-02-01 18:06:24

Bank of England sets biggest rate hike in 33 years and warns of a long recession

The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards a recession that could last two years.

2022-11-03 16:06:24

Fossil fuel industry cut jobs in 2021 despite growth in production, Energy Department reports

Jobs in the renewable energy sector grew in 2021 as fossil fuel employment declined -- even as fossil fuel production increased -- according to a report released Tuesday by the Department of Energy.

2022-06-28 12:06:29

Wages are going up. Here's what that means for the economy

When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June.

2021-07-02 15:05:42

A record number of Americans quit their jobs in 2021

Last year was a historic year for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before.

2022-02-02 14:13:37

Mixed bag for jobs: Employers keep hiring, but unemployment rises

The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of hiring and higher unemployment.

2022-11-05 08:08:18

Opinion: Why a recession might not mean huge job losses

Most recessions in US history have been accompanied by severe job losses and high unemployment rates, but this time may be different. Should a recession take hold in the US, the ongoing labor shortage may be the key to protecting vulnerable workers in what may prove to be a "job-full" recession.

2022-08-06 02:06:08

What to expect from this week's Fed meeting

The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on Wednesday, an indication that the central bank is pulling back on its aggressive stance as signs begin to emerge that inflation may be easing.

2022-12-13 15:08:08

What to expect from the Fed meeting

The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on Wednesday, an indication that the central bank is pulling back on its aggressive stance as signs begin to emerge that inflation may be easing.

2022-12-14 14:07:40

Mortgage rates rise again, pricing more buyers out of the housing market

Mortgage rates continue to climb as the Federal Reserve seeks to tame unwieldy inflation.

2022-06-23 17:08:18

Fed Chair Powell: Inflation fight will take 'a significant period of time'

The US labor market remains "extraordinarily strong" and Friday's monster jobs report underscored that the central bank has more work to do to bring down inflation, Federal Reserve Chairman Jerome Powell said Tuesday.

2023-02-08 13:37:39

US mortgage rates jump

Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health of the US economy.

2022-08-26 04:06:32

One million vacancies and soaring wages fuel UK inflation fears

Job vacancies in the United Kingdom hit a record high last month and wages soared by 7.4% between April and June, adding to fears of a prolonged period of rising prices as companies pass on higher costs to consumers.

2021-08-17 14:05:45

Bank of England hikes interest rates following inflation shock

[Breaking news] The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight against inflation, which rose unexpectedly in February.

2023-03-23 15:09:21

UK recession looms as households feel pain of soaring energy bills

Britons are bracing themselves for more tough times ahead as the economy starts to shrink and a new forecast suggests average annual energy bills could exceed ?5,000 ($6,000) next year.

2022-08-12 17:08:30

Mortgage rates rise after Fed says it will take 'forceful' steps to curb inflation

Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the central bank is taking "forceful and rapid" steps to reduce inflation and slow the economy.

2022-09-01 20:07:50

China faces 'complex and grave' job market, warns Premier Li

One of China's top leaders has painted a grim picture of the job market in the world's most populous nation, as widespread Covid lockdowns slam the brakes on the economy.

2022-05-09 13:07:45

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Felkapott temak: Szűcs Nelli | Sparkly | Vincent Kompany | Cameron Boyce | Köves Slomó | Konferencia Liga | Dürer Park | Olympiacos | Johnny Wactor | Molnár Miklós, Magyar Péter | Judi Dench | Kapu Tibor | Kapu Tibor | Éder Krisztián | Tokár Tamás |

Post Content Olvass tovabb >> 2024-05-29 22:08:13

About one in five professional footballers who took part in a new survey are using snus, nicotine pouches or both. Olvass tovabb >> 2024-05-29 08:08:12

After five weeks of blockbuster testimony, lawyers on both sides make their final pitches to the jury. Olvass tovabb >> 2024-05-28 16:08:38

The Conservatives pledge to raise the tax-free pension allowance by at least 2.5% a year if they win the election. Olvass tovabb >> 2024-05-28 00:06:33

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Post Content Olvass tovabb >> 2024-05-21 13:11:48

The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024. Olvass tovabb >> 2024-05-21 13:11:18

A return to work is ruled out for the Princess of Wales, as her early years foundation issues a report. Olvass tovabb >> 2024-05-21 01:06:25

A complaint about a report which highlighted claims that illegal images had originated on OnlyFans has been dismissed. Olvass tovabb >> 2024-05-20 14:08:30

A report suggests shareholders have taken billons but failed to invest as water bills look set to rise. Olvass tovabb >> 2024-05-20 08:07:37

A report suggests shareholders have taken billons but failed to invest as water bills look set to rise. Olvass tovabb >> 2024-05-20 02:06:36

Post Content Olvass tovabb >> 2024-05-18 23:06:59

Post Content Olvass tovabb >> 2024-05-18 11:09:43

Ahead of Friday's closely watched jobs report, economists polled by Refinitiv say they are expecting job growth to have slowed in November, with just 200,000 positions added. Olvass tovabb >> 2022-12-01 19:12:25

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now, the recovery is moving into a new phase -- one that will likely be slower. Olvass tovabb >> 2022-04-01 20:06:40

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower. Olvass tovabb >> 2022-03-31 17:23:26

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower. Olvass tovabb >> 2022-03-31 21:12:28

A bust in the latest US government jobs report is electrifying the Washington battle over Joe Biden's massively ambitious programs and offering an early hint of the political peril the President could face if the economy doesn't bounce back strongly. Olvass tovabb >> 2021-05-10 07:05:39

The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest overseas, and some of the biggest names in business have cut thousands of jobs ? but America's labor market hasn't skipped a beat. Olvass tovabb >> 2022-09-01 20:08:46

After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can pull off a soft landing, but cautioned it is a "big mistake" to think the economy is "out of the woods" on Fareed Zakaria GPS Sunday. Olvass tovabb >> 2023-02-06 23:24:59

Friday's jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst expectations of 200,000, even as unemployment ticked up to 3.7%. Olvass tovabb >> 2022-11-07 19:06:21

The US labor market has kept trucking right along even as other areas of the economy have slowed. Olvass tovabb >> 2023-04-06 15:08:20

Olvass tovabb >> 2021-09-03 15:05:48

The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary policy, according to Fed Chairman Jerome Powell. Olvass tovabb >> 2022-03-21 21:09:03

President Joe Biden on Friday touted the March jobs report that showed the US added another 431,000 jobs in March and the American unemployment rate fell to a new pandemic-era low of 3.6%. Olvass tovabb >> 2022-04-01 20:06:41

Olvass tovabb >> 2021-02-08 15:05:54

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. Olvass tovabb >> 2022-08-15 11:07:38

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. Olvass tovabb >> 2022-08-15 11:09:38

A 2% rate on the world's wealthy could raise as much as $250bn a year, a report suggests. Olvass tovabb >> 2023-10-23 12:08:20

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade. Olvass tovabb >> 2021-11-17 11:41:01

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade. Olvass tovabb >> 2021-11-17 21:13:14

The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low unemployment, Goldman Sachs advised clients on Sunday evening. Olvass tovabb >> 2022-01-10 17:06:36

Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work. Olvass tovabb >> 2021-05-04 22:06:41

The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot. Olvass tovabb >> 2023-03-09 20:07:41

The shocking implosion of Silicon Valley Bank should not deter the Federal Reserve from its war on inflation, according to former FDIC and Fed official Thomas Hoenig. Olvass tovabb >> 2023-03-14 15:07:56

Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters. Olvass tovabb >> 2022-06-03 12:06:20

US employers added 379,000 jobs in February, the Labor Department said in its monthly jobs report. Olvass tovabb >> 2021-03-05 16:06:40

Russia slashed interest rates on Thursday as a resurgent ruble ? buoyed by robust oil and gas revenues and government support ? takes some pressure off its wobbling economy. Olvass tovabb >> 2022-05-26 14:07:50

The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards recession. Olvass tovabb >> 2022-11-03 16:06:21

US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer ? something investors fear will force interest rates up sooner than expected. Olvass tovabb >> 2021-03-04 21:05:40

Last year was a historic one for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before. Olvass tovabb >> 2022-02-01 18:06:24

The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards a recession that could last two years. Olvass tovabb >> 2022-11-03 16:06:24

Jobs in the renewable energy sector grew in 2021 as fossil fuel employment declined -- even as fossil fuel production increased -- according to a report released Tuesday by the Department of Energy. Olvass tovabb >> 2022-06-28 12:06:29

When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June. Olvass tovabb >> 2021-07-02 15:05:42

Last year was a historic year for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before. Olvass tovabb >> 2022-02-02 14:13:37

The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of hiring and higher unemployment. Olvass tovabb >> 2022-11-05 08:08:18

Mortgage rates continue to climb as the Federal Reserve seeks to tame unwieldy inflation. Olvass tovabb >> 2022-06-23 17:08:18

The US labor market remains "extraordinarily strong" and Friday's monster jobs report underscored that the central bank has more work to do to bring down inflation, Federal Reserve Chairman Jerome Powell said Tuesday. Olvass tovabb >> 2023-02-08 13:37:39

Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health of the US economy. Olvass tovabb >> 2022-08-26 04:06:32

Job vacancies in the United Kingdom hit a record high last month and wages soared by 7.4% between April and June, adding to fears of a prolonged period of rising prices as companies pass on higher costs to consumers. Olvass tovabb >> 2021-08-17 14:05:45

[Breaking news] The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight against inflation, which rose unexpectedly in February. Olvass tovabb >> 2023-03-23 15:09:21

Britons are bracing themselves for more tough times ahead as the economy starts to shrink and a new forecast suggests average annual energy bills could exceed ?5,000 ($6,000) next year. Olvass tovabb >> 2022-08-12 17:08:30

Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the central bank is taking "forceful and rapid" steps to reduce inflation and slow the economy. Olvass tovabb >> 2022-09-01 20:07:50

One of China's top leaders has painted a grim picture of the job market in the world's most populous nation, as widespread Covid lockdowns slam the brakes on the economy. Olvass tovabb >> 2022-05-09 13:07:45

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2024-05-29 22:08:13

About one in five professional footballers who took part in a new survey are using snus, nicotine pouches or both.

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After five weeks of blockbuster testimony, lawyers on both sides make their final pitches to the jury.

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The Conservatives pledge to raise the tax-free pension allowance by at least 2.5% a year if they win the election.

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2024-05-21 13:11:48

The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.

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A return to work is ruled out for the Princess of Wales, as her early years foundation issues a report.

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2024-05-18 11:09:43

Ahead of Friday's closely watched jobs report, economists polled by Refinitiv say they are expecting job growth to have slowed in November, with just 200,000 positions added.

2022-12-01 19:12:25

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now, the recovery is moving into a new phase -- one that will likely be slower.

2022-04-01 20:06:40

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.

2022-03-31 17:23:26

The US jobs market has come a long way since the worst days of the pandemic when more than 20 million Americans lost their jobs. Now the recovery is moving into a new phase -- one that will likely be slower.

2022-03-31 21:12:28

A bust in the latest US government jobs report is electrifying the Washington battle over Joe Biden's massively ambitious programs and offering an early hint of the political peril the President could face if the economy doesn't bounce back strongly.

2021-05-10 07:05:39

The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest overseas, and some of the biggest names in business have cut thousands of jobs ? but America's labor market hasn't skipped a beat.

2022-09-01 20:08:46

After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can pull off a soft landing, but cautioned it is a "big mistake" to think the economy is "out of the woods" on Fareed Zakaria GPS Sunday.

2023-02-06 23:24:59

Friday's jobs report came in strong: the US economy added 261,000 new jobs in October, blowing away analyst expectations of 200,000, even as unemployment ticked up to 3.7%.

2022-11-07 19:06:21

The US labor market has kept trucking right along even as other areas of the economy have slowed.

2023-04-06 15:08:20

2021-09-03 15:05:48

The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary policy, according to Fed Chairman Jerome Powell.

2022-03-21 21:09:03

President Joe Biden on Friday touted the March jobs report that showed the US added another 431,000 jobs in March and the American unemployment rate fell to a new pandemic-era low of 3.6%.

2022-04-01 20:06:41

2021-02-08 15:05:54

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.

2022-08-15 11:07:38

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.

2022-08-15 11:09:38

A 2% rate on the world's wealthy could raise as much as $250bn a year, a report suggests.

2023-10-23 12:08:20

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade.

2021-11-17 11:41:01

Britain looks set to become the first major economy to hike interest rates since the Covid-19 pandemic began after inflation data showed prices rising at the fastest rate in a decade.

2021-11-17 21:13:14

The Federal Reserve is likely to raise interest rates four times this year in response to high inflation and low unemployment, Goldman Sachs advised clients on Sunday evening.

2022-01-10 17:06:36

Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work.

2021-05-04 22:06:41

The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot.

2023-03-09 20:07:41

The shocking implosion of Silicon Valley Bank should not deter the Federal Reserve from its war on inflation, according to former FDIC and Fed official Thomas Hoenig.

2023-03-14 15:07:56

Tesla CEO Elon Musk has a "super bad feeling" about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters.

2022-06-03 12:06:20

US employers added 379,000 jobs in February, the Labor Department said in its monthly jobs report.

2021-03-05 16:06:40

Russia slashed interest rates on Thursday as a resurgent ruble ? buoyed by robust oil and gas revenues and government support ? takes some pressure off its wobbling economy.

2022-05-26 14:07:50

The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards recession.

2022-11-03 16:06:21

US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer ? something investors fear will force interest rates up sooner than expected.

2021-03-04 21:05:40

Last year was a historic one for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before.

2022-02-01 18:06:24

The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in 33 years, as it tries to contain soaring inflation even as the UK economy slides towards a recession that could last two years.

2022-11-03 16:06:24

Jobs in the renewable energy sector grew in 2021 as fossil fuel employment declined -- even as fossil fuel production increased -- according to a report released Tuesday by the Department of Energy.

2022-06-28 12:06:29

When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June.

2021-07-02 15:05:42

Last year was a historic year for American jobs. A record number of workers quit their jobs while US employers had more positions to fill than ever before.

2022-02-02 14:13:37

The white-hot US labor market is showing signs of cooling, with the Labor Department reporting Friday a slower pace of hiring and higher unemployment.

2022-11-05 08:08:18

Mortgage rates continue to climb as the Federal Reserve seeks to tame unwieldy inflation.

2022-06-23 17:08:18

The US labor market remains "extraordinarily strong" and Friday's monster jobs report underscored that the central bank has more work to do to bring down inflation, Federal Reserve Chairman Jerome Powell said Tuesday.

2023-02-08 13:37:39

Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health of the US economy.

2022-08-26 04:06:32

Job vacancies in the United Kingdom hit a record high last month and wages soared by 7.4% between April and June, adding to fears of a prolonged period of rising prices as companies pass on higher costs to consumers.

2021-08-17 14:05:45

[Breaking news] The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight against inflation, which rose unexpectedly in February.

2023-03-23 15:09:21

Britons are bracing themselves for more tough times ahead as the economy starts to shrink and a new forecast suggests average annual energy bills could exceed ?5,000 ($6,000) next year.

2022-08-12 17:08:30

Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the central bank is taking "forceful and rapid" steps to reduce inflation and slow the economy.

2022-09-01 20:07:50

One of China's top leaders has painted a grim picture of the job market in the world's most populous nation, as widespread Covid lockdowns slam the brakes on the economy.

2022-05-09 13:07:45