[ad_1] 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. [ad_2] Source link Source link
Read MoreTag: inflation
[ad_1] Business Autos & Transportation Autos Industry Auto maker agrees to two-year pay deal with Germany’s largest labor union [ad_2] Source link Source link
Read More[ad_1] The Organisation for Economic Co-operation and Development (OECD), on Tuesday, cut its gross domestic growth forecast for India for the current financial year (FY23) to 6.6 per cent from 6.9 per cent, citing higher medium-term global uncertainty and slowing domestic economic activity. OECD is the latest of a host of banks, […]
Read More[ad_1] Companies plan to boost salaries 4.6 per cent for next year, up from earlier expectations and an increase over their budget for this year, as inflation and a resilient labor market have sent business scrambling to sweeten pay or risk losing their best people. Overall salary increases in the US will […]
Read More[ad_1] India’s benchmark indices closed near two-week lows and the rupee weakened 0.2 per cent against the US dollar on Monday as rising Covid cases in China and talk of persistent rate hikes by US Federal Reserve officials unnerved the markets. This is a sharp reversal of sentiment from a week ago […]
Read More[ad_1] As the Federal Reserve raises interest rates to cool the economy and slow inflation, it is contending with the imprecise and inconsistent effect of monetary policy on the economy. The Nobel Prize-winning economist Milton Friedman famously argued that “monetary actions affect economic conditions only after a lag that is both long and variable.” Since […]
Read More[ad_1] Economy The Outlook For now, spending remains strong as consumers use hoard of savings to catch up on experiences they missed during the pandemic [ad_2] Source link Source link
Read More[ad_1] Tweaking the famous “Misery Index” may help it better fit political events. [ad_2] Source link Source link
Read More[ad_1] Filings for U.S. unemployment insurance, a proxy for layoffs, remained near historically low levels amid a still-tight labor market. [ad_2] Source link Source link
Read More[ad_1] Economy U.S. Economy Shoppers faced higher prices in October while inflation, still elevated, eased from the summer’s 40-year high [ad_2] Source link Source link
Read More[ad_1] KANSAS 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 […]
Read More[ad_1] Consumer 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. [ad_2] Source link Source link
Read More[ad_1] Amid a decade-high credit growth, the short-term market borrowings of banks have surged 100 per cent, so far, in the current financial year as lenders seek avenues to fund the accelerated pace of loan demand. According to the latest data released by the Reserve Bank of India (RBI), borrowings by banks increased to Rs […]
Read More[ad_1] Economy U.S. Economy Producer-price index gains have moderated in recent months [ad_2] Source link Source link
Read More[ad_1] Across the industry, certain semiconductors and specialized plastics, metals and resins are hard to come by. [ad_2] Source link Source link
Read More[ad_1] While increases boosted quarterly results, executives see signs that consumers’ tolerance for higher prices may be hitting its limits. [ad_2] Source link Source link
Read More[ad_1] Inflation 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 […]
Read More[ad_1] Economy Economic Data Prices for alcohol, restaurants rose while electronics, beef costs dropped, according to October statistics [ad_2] Source link Source link
Read More[ad_1] U.S. worker filings for unemployment benefits remain low despite some recent corporate layoff and hiring-freeze announcements, particularly in the technology sector. [ad_2] Source link Source link
Read More[ad_1] Economy U.S. Economy Consumer-price increases have eased in recent months but inflation remains near a four-decade high [ad_2] Source link Source link
Read More[ad_1] Economy Capital Account Though Republicans blame President Biden’s policies, inflation has deeper roots, as reflected in high price pressures and tight job markets worldwide [ad_2] Source link Source link
Read More[ad_1] Demand for products from CoverGirl makeup to Hugo Boss cologne is rising in every region, Coty says. [ad_2] Source link Source link
Read More[ad_1] WSJ News Exclusive Midterm Election 2022 Lower-income Americans are feeling inflation’s impact the most, but top-earning households have become increasingly burdened, a WSJ poll shows [ad_2] Source link Source link
Read More[ad_1] Consumers are swapping everything from Lululemon leggings to Natori underwear for cheaper alternatives: “A $12 bra is good enough.” [ad_2] Source link Source link
Read More[ad_1] After multiyear surges, property prices in Australia, Canada and New Zealand are at particular risk. [ad_2] Source link Source link
Read More[ad_1] Economy Central bank identifies near-term threats in Financial Stability Report [ad_2] Source link Source link
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