Economy
US Jobless Claims Drop to 215K as Layoffs Remain Low
U.S. applications for jobless aid fell to 215,000 last week, indicating historically healthy layoff levels, even as broader hiring shows caution. The...
Economy 189 articles
Economy
U.S. Job Growth Decelerates in June
The U.S. labor market saw a significant slowdown in June, adding 57,000 jobs, the Labor Department reported. This marks a deceleration from...
Economy
CMA CGM Acquires FedEx Logistics Arm for $1.4B, Tripling CEVA Size
French shipping giant CMA CGM Group will acquire FedEx Supply Chain for $1.4 billion, a move set to triple its logistics arm,...
Economy
Fourth of July Cookout Costs Rise, Driven by Production Expenses
Americans face higher costs for Fourth of July cookouts this year, with prices for beef, produce, and fuel climbing due to production...
Economy
UK Signals Challenge to Paramount’s $110 Billion WBD Bid
The British government may intervene in Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, signaling potential regulatory scrutiny for the media...
Economy
French Heatwave Scorches Crops, Threatens Food Inflation
An intense heatwave is devastating French agriculture, with tomatoes cooking on vines and cereal crops scorched. This threatens significant food inflation, impacting...
Economy
Burnham’s Devolution: A Path to UK Economic Growth or Fiscal Challenge?
Andy Burnham's radical devolution plan aims to rebalance power and boost economic growth across the UK. While past devolution shows mixed results,...
Economy
Gold Drops Near $4,000 Amid Renewed US-Iran Tensions, Inflation Concerns
Gold prices declined toward $4,000 an ounce following fresh US-Iran attacks in the Persian Gulf, reigniting inflation fears and impacting interest rate...
Economy
Coffee’s £5 Price Tag Exposes Global Economic Fault Lines
The rising cost of a daily coffee, now often £5 in UK cities, reflects a complex brew of global economic pressures. From...