UK economy flatlines again in July, below expectations
U.K. economy remained flat in July, flash figures published from the Office for National Statistics showed Wednesday.
Two key inflation reports this week will help decide the size of the Fed’s interest rate cut
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday, both measuring August prices.
Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
The CEO of the biggest U.S. bank says he sees a raft of inflationary forces on the horizon, including higher deficits and increased infrastructure spending.
‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.
Draghi urges radical European Union reform requiring extra 800 billion euros a year
The report lays out major challenges that the EU must address through a new industrial strategy, which would include reducing enegy prices.
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih pushed back on skepticism of Riyadh's economic diversification.
Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
After surviving the "terrible prophecies," Europe's economy must face the challenges of the war in Ukraine and trade ties with China, EU's Paolo Gentiloni says.
Unemployment among Black workers falls in August, bucking trend from other groups
The unemployment rate for Black Americans crept lower in August.
Here’s where the jobs are for August 2024 — in one chart
Health care and hospitality were key drivers for a job market that has cooled off in recent months.