Economy
U.S. Jobless Claims Fall to 226,000, Layoffs Remain Low
U.S. applications for unemployment benefits fell modestly last week to 226,000, signaling continued low layoff rates and a robust job market.
#Economy 55 articles
Economy
Retail Spending Climbs 0.9% in May as Weather Improves, Gas Prices Cool
U.S. retail sales rose 0.9% in May, exceeding expectations as warmer weather and cooling gasoline prices encouraged consumer spending. This gain follows...
Economy
UK Inflation Holds Steady at 2.8% as Food Price Rises Slow
UK inflation remained unexpectedly steady at 2.8% in May, defying forecasts, as a significant slowdown in food price increases offset rising transport...
Economy
Gas Price Drop Lifts Consumer Sentiment 9% From Record Low
Consumer sentiment saw a 9% improvement in June, according to preliminary University of Michigan data, driven by easing gas prices after hitting...
Economy
New York Candy Stores Thrive Amid Economic Uncertainty
Despite historic lows in US consumer confidence, New York's candy stores are expanding, offering affordable treats as a small luxury.
World Business
Saudi Arabia Ends 5-Year Ban on Lebanese Imports
Saudi Arabia has lifted a five-year ban on Lebanese imports, a move aimed at rebuilding relations and supporting Lebanon's struggling economy.
Economy
Strait of Hormuz Standoff: Who Blinks First?
A dangerous game of endurance is unfolding in the Strait of Hormuz, with Iran betting on its sanctions-hardened economy and the US...
Economy
Inflation Nears 3-Year Peak as Gas Prices Climb
Consumer prices likely jumped for a third consecutive month in May, pushing inflation toward a three-year high and intensifying concerns for the...
Economy
China Consumer Inflation Flatlines as Factory Prices Climb
China's consumer prices unexpectedly stalled in May, while factory gate inflation hit its fastest pace in nearly four years, signaling a divergence...