U.S. unemployment claims climb to 260,000 and stick near nine-month high
admin The numbers: Some 260,000 people applied for unemployment benefits at the end of July, keeping…
Read MoreEconomic Performance/Indicators
U.S. trade deficit falls 6.2% to $79.6 billion and hits six-month low
The numbers: The nation’s trade deficit fell 6.2% in June to a six-month low of…
Read MoreU.K. recession looms warns Bank of England as it hikes interest rates by most in 27 years
The Bank of England hiked interest rates by the most in 27 years on Thursday…
Read MoreTreasury yields decline as investors await U.S. jobs data
Treasury yields moved lower Thursday as investors awaited weekly U.S. jobs data and assessed remarks…
Read MorePelosi’s visit to Taiwan rattles global copper markets, but slowing growth in China still the bigger worry
Copper prices fell for the third straight day on Wednesday as tensions between the U.S.…
Read MoreHiring slowdown? U.S. seen adding just 258,000 jobs in July
Scattered reports of layoffs, declining job openings and a softening economy all point to a…
Read MoreMary Daly: ‘I don’t feel the pain of inflation anymore,’ here’s the full context
Inflation is hurting some Americans more than others — just ask Mary Daly. “‘I don’t…
Read MoreRecession definition?Wikipedia bans edits on Recession page amid ‘nonsense’
Free online encyclopedia Wikipedia has stopped some users from making edits on the site’s “Recession”…
Read More‘Out-of-towners are buying high-end properties’: They have up to 40% more money to spend on housing than locals — and they’re coming to a city near you
Your new neighbor might be an out-of-towner with a fat wallet. Outsiders moving to Philadelphia,…
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Opinion: Food inflation remains stubbornly high in U.S. and Europe
The pace at which food prices rise matters not just because it directly impacts household…
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