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The problem with labor data in understanding inflation
The problem with labor data in understanding inflation
US inflation has slowed markedly over the past year as the Federal Reserve raised interest rates aggressively to cool demand and slow price increases. The job market hasn't cooled as much and there's always speculation over what the latest monthly jobs report means for the Fed.
2023-09-10 19:57
Bank of Canada hiked rates over alarm at household spending, stubborn inflation
Bank of Canada hiked rates over alarm at household spending, stubborn inflation
By Steve Scherer and David Ljunggren OTTAWA, June 8 Surprisingly strong household spending in the first quarter and
2023-06-09 03:15
Adidas boss apologises for controversial Ye comments
Adidas boss apologises for controversial Ye comments
The head of Adidas has apologised after speculating that Kanye West did not "mean what he said" with anti-Semitic remarks that put an end to his...
2023-09-22 22:55
Australia’s Sovereign Wealth Fund Warns on Higher Inflation Hit
Australia’s Sovereign Wealth Fund Warns on Higher Inflation Hit
Australia’s sovereign wealth fund posted a 6% annual gain as it warned that high inflation would keep returns
2023-08-30 08:56
3M Raises Outlook, Tops Estimates as Cost Cuts Gain Traction
3M Raises Outlook, Tops Estimates as Cost Cuts Gain Traction
3M Co.’s profit topped Wall Street estimates in the second quarter, driving a rise in the annual outlook,
2023-07-25 19:19
Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy
Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy
Federal Reserve Governor Christopher Waller said it’s not clear that recent banking strains will lead to significantly tighter
2023-06-16 21:23
FedEx pilots union picks interim leader after rejecting tentative deal
FedEx pilots union picks interim leader after rejecting tentative deal
The FedEx Master Executive Council, the governing body of the delivery firm's unit in the Air Line Pilots
2023-10-31 08:51
Clock is ticking as United Autoworkers threaten to expand strikes against Detroit automakers Friday
Clock is ticking as United Autoworkers threaten to expand strikes against Detroit automakers Friday
The United Auto Workers strike against Detroit’s big three automakers that spread to dozens of parts distribution centers one week ago may grow worse soon
2023-09-29 20:52
Telkom to Partner With South Africa as Assets Attract Buyers
Telkom to Partner With South Africa as Assets Attract Buyers
Telkom SA SOC Ltd. and the South African government are in advanced talks to partner in rolling out
2023-07-26 22:25
Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.
Rupert Murdoch, creator of Fox News, stepping down as head of News Corp. and Fox Corp.
Media magnate Rupert Murdoch is stepping down as chairman of News Corp. and Fox Corp., the companies that he built into forces over the last 50 years
2023-09-21 21:51
TikTok to launch e-commerce program to bring Chinese goods to the US - source
TikTok to launch e-commerce program to bring Chinese goods to the US - source
By Josh Ye (Reuters) -TikTok plans to launch a program in August to help Chinese merchants sell goods globally, and
2023-07-26 17:27
Spain Starts Trial Into Iberdrola’s Alleged Price Manipulation
Spain Starts Trial Into Iberdrola’s Alleged Price Manipulation
A Spanish court is set to probe allegations that a unit of Iberdrola SA and and four of
2023-10-17 23:45