Economy
Inflation Report Expected to Confirm Rising Cost of Living Outpaces Wages
A new Labor Department report this week is anticipated to show inflation remains elevated, with a sluggish job market preventing paychecks from...
#Economy 99 articles
Economy
China’s Inflation Cools as Iran War Oil Shock Starts to Ease
China's factory-gate and consumer inflation decelerated in July, signaling a potential easing of cost pressures stemming from the oil shock initiated by...
Economy
U.S. Employers Cut 23,000 Jobs, Signaling Wilting Labor Market
U.S. employers unexpectedly cut 23,000 jobs in July, with previous months' gains revised sharply lower, indicating a significant softening of the labor...
Economy
July Jobs Report Due Friday: Forecasters Eye Modest Hiring Pickup
The Labor Department will release the July jobs report Friday, with forecasters expecting a 'modest pickup' in hiring after June's 'lackluster' performance.
Economy
French Heatwave Sparks Food Inflation Fears
Scorching temperatures in France are damaging crops, threatening to drive up food prices for consumers. The agriculture sector faces significant losses.
Economy
Carney Labels US Trade Talks ‘Nasty’ After Trump’s Canada Criticism
Canadian Prime Minister Mark Carney described trade negotiations with the U.S. as 'nasty' following President Trump's sharp criticism of Canada's leadership and...
Economy
Apple Directs Tariff Refund to U.S. Manufacturing Investment
Apple plans to invest its substantial tariff refund into U.S. manufacturing, a strategic move highlighting the financial capacity larger corporations possess compared...
Economy
US Slaps 25% Tariffs on Brazil Imports, Citing Unfair Practices
The U.S. will impose 25% tariffs on some Brazilian imports starting July 22 after a probe found unfair trade practices. Brazilian President...
Economy
25 States Sue Trump Administration Over New Tariffs, Citing “Pretext” for Illegal Taxes
Twenty-five U.S. states have filed a lawsuit against the Trump administration, alleging its latest tariffs are a pretext to replace import taxes...