Economy
U.S. Adds 172,000 Jobs, Labor Market Gains Steam Amid Inflation Challenge
U.S. employers added 172,000 jobs in May, marking the third consecutive month of gains as the labor market strengthens. However, wage growth...
#Inflation 195 articles
Markets
India’s Economic Recovery Imperiled by Fuel Shocks, Inflation
India's economic recovery faces headwinds as global energy shocks and rising domestic prices curb middle-class spending. This threatens consumption growth, compounding existing...
Finance
US Mortgage Rate Dips to 6.48%, Retreats From 9-Month High
The average long-term U.S. mortgage rate fell to 6.48% this week, easing from its highest level in nine months and offering relief...
World Business
G7 Ministers Confront Global Economic Headwinds in Paris
G7 finance ministers and central bankers convene in Paris amidst escalating global economic threats, including the US-Iran conflict, bond market volatility, and...
Markets
Margin Compression Looms for Consumer Brands, Fed Warns
The Federal Reserve's May Beige Book reveals consumer brands are struggling to pass on rising costs amid growing affordability pressures, leading to...
Markets
Gold Retreats as Middle East Tensions Fuel Inflation Fears
Gold prices declined on Wednesday, pressured by escalating Middle East tensions driving oil higher and intensifying concerns over inflation and potential interest...
Economy
Australia’s Q1 Growth Halves, Misses Forecasts Amid Household Caution
Australia's economic growth decelerated sharply in the first quarter, missing expectations as households tightened spending due to rising interest rates and higher...
Stocks
Dollar General Draws Shoppers Across Income Brackets Amid Economic Strain
Dollar General is seeing increased customer traffic from all income levels, including high-earners, as economic pressures mount. The retailer attributes this to...
Finance
Australia Boosts Minimum Wage 4.75% Amid Economic Uncertainty
Australia's industrial umpire has raised the national minimum wage by 4.75%, citing economic uncertainty and falling short of closing the real wage...