Economy
One in Six Young People Face Jobless Future, Report Warns
A major review warns one in six young people will be out of work or training in five years, citing systemic failures...
Economy 164 articles
Economy
Gold Holds Loss as US-Iran Deal Hopes Contend With Inflation Fears
Gold held losses as fresh Persian Gulf clashes tempered US-Iran peace deal prospects, reinforcing concerns that inflation could keep interest rates elevated....
Economy
Gold Dips as Hormuz Strikes Cloud Iran Talks, Fuel Inflation Fears
Gold fell 0.7% to $4,540 an ounce after US strikes in the Strait of Hormuz tempered Iran talks optimism, keeping inflation risks...
Economy
US Teens Face Toughest Summer Job Market Since 1948
Teenage job-seekers are projected to encounter the most challenging summer employment landscape since 1948, driven by inflation and soaring fuel costs. Employers...
Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...
Economy
US Firms Quietly Claim Billions in Trump Tariff Refunds
US companies are discreetly pursuing billions in refunds for Trump-era tariffs, navigating political backlash and legal risks while boosting their bottom lines.
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
Economy
Global Factory Activity Sags as Inflation Drives G7 Bond Yields to Two-Decade High
Global factory activity is slowing or contracting due to persistent inflation and a war-induced energy crunch, pushing G7 sovereign bond yields to...
Economy
Maine Program Feeds Communities, Stabilizes Fish Prices
A pandemic-era initiative, Fishermen Feeding Mainers, has injected over $4 million into Maine's groundfishing industry by purchasing 1.3 million pounds of fish...