Filings for unemployment benefits, a proxy for layoffs, increased by 17,000 last week but stayed relatively low, as the labor market remains strong and many laid-off workers are landing new jobs quickly. Source link Source link
Read MoreTag: indicators
Economy Despite higher interest rates, the OECD sees the global economy avoiding recession in 2023 Source link Source link
Read MoreReal Estate Buying activity by companies fell in line with the decline in overall home sales amid higher borrowing costs Source link Source link
Read MoreSanctions “leakage” could undermine the pressure campaign and potentially prolong the war, officials say. Source link Source link
Read MoreInvestors are seizing on any sign inflation has peaked as a reason to snap up beaten-down shares. Just look at housing stocks. Source link Source link
Read MoreBusiness Asia Campaigns to rein in Covid-19 cases and property prices have squelched consumer demand in the world’s second-largest economy Source link Source link
Read MoreEconomy The Outlook For now, spending remains strong as consumers use hoard of savings to catch up on experiences they missed during the pandemic Source link Source link
Read MoreInflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give the way I want to this year.” Source link Source link
Read MoreWorld Europe U.K. Jeremy Hunt defended his budget cuts and tax increases, and said governments elsewhere will need to follow suit Source link Source link
Read MoreEconomy U.S. Economy Sales fell 5.9% in the month and 28.4% from a year earlier Source link Source link
Read MoreTweaking the famous “Misery Index” may help it better fit political events. Source link Source link
Read MoreFilings for U.S. unemployment insurance, a proxy for layoffs, remained near historically low levels amid a still-tight labor market. Source link Source link
Read MoreThe Chinese e-commerce company’s 3% rise in revenue is among its weakest revenue expansions since going public. Source link Source link
Read MoreWorld Europe U.K. Britain becomes first major Western economy to try to limit debt growth after piling on spending from pandemic and new energy subsidies Source link Source link
Read MoreEconomy U.S. Economy Shoppers faced higher prices in October while inflation, still elevated, eased from the summer’s 40-year high Source link Source link
Read MoreKANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview. “I’m looking at a labor market that is so tight, […]
Read MoreConsumer prices were 11.1% higher than a year earlier, but a price cap on energy and a looming recession means any further increases to inflation in coming months are set to be more modest. Source link Source link
Read MoreThe FHA’s capital reserves rise to $141.7 billion, up $42 billion from 2021, giving officials room to trim mortgage costs. Source link Source link
Read MoreEconomy U.S. Economy Producer-price index gains have moderated in recent months Source link Source link
Read MoreBusiness Earnings Home-improvement retailer logs sales increase even as it again records fewer transactions Source link Source link
Read MoreWorld Asia Economists expect stimulus measures to help return the world’s third-largest economy to growth in the final quarter of the year Source link Source link
Read MoreEconomy Asia Economy Fresh signs of China’s slowing growth add to fears that the worst is yet to come for the global economy Source link Source link
Read MoreThe annual retail festival is another sign of depressed consumer sentiment under China’s stringent Covid-19 policy. Source link Source link
Read MoreInflation eased last month to the slowest pace since January but remained high, which could keep Federal Reserve officials on track to start slowing the pace of interest-rate rises aimed at taming price pressures. The Labor Department on Thursday said that its consumer-price index increased 7.7% in October from the same month a year ago, […]
Read MoreSpending declined in October while tax collections and other receipts increased. Source link Source link
Read MoreEconomy Economic Data Prices for alcohol, restaurants rose while electronics, beef costs dropped, according to October statistics Source link Source link
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