No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in…
Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia is moving full steam ahead with its focus on…
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Economy
Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the…
U.S. job growth revised down by the most since 2009. Why this time is different
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June…
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor…
Fed survey shows lows in employment, worries about finding work and…
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in…
Wholesale inflation measure rose 0.1% in July, less than expected
A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal…
Egg prices are rising once again as bird flu limits supply
Luke Sharrett/Bloomberg via Getty ImagesEgg prices are climbing, placing the household staple back in the spotlight…
UK economy expands 0.6% in second quarter; June growth stalls
A guided tour in the center of in York, UK, on Friday, June 7, 2024.Bloomberg | Bloomberg | Getty ImagesThe U.K.…
Consumer spending jumped in July as retail sales were up 1%, much better than…
Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the…
Annual inflation rate slows to 2.9% in July, lowest since 2021
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report…