World Jun 29 Sri Lanka faces humanitarian crisis and is dependent on aid Sri Lanka’s economy, which a few years ago enjoyed strong growth that provided jobs and financial security, is now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a…
Economy May 06 U.S. job market extends hiring streak with 428,000 jobs in April despite surging inflation America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
Economy Apr 19 Treasury Secretary Yellen, other finance leaders urge to boost fight against global food insecurity Treasury Secretary Janet Yellen has urged world finance leaders to "get concrete" as they look for ways to combat a looming crisis over food insecurity around the global that Russia's war in Ukraine has made worse.
Economy Apr 15 Biden nominates Michael Barr as Federal Reserve vice chair President Joe Biden says he plans to nominate Michael Barr to be the Federal Reserve's vice chairman of supervision.
Economy Apr 12 U.S. inflation rises 8.5 percent, sharpest increase since 1981 Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.
Economy Apr 01 U.S. economy adds 431,000 new jobs for March in sign of robust economic health America's employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy's resilience in the face of a still-destructive pandemic, Russia's war against Ukraine and the highest inflation in 40 years.
World Feb 16 U.S. says China’s aggressive trade policies ’cause serious harm’ The United States has accused China of failing to meet its commitments to the World Trade Organization.
World Jan 25 IMF projects slower growth for world economy as inflation rises The International Monetary Fund is downgrading its forecast for the world economy this year.
Economy Jan 20 Number of Americans applying for unemployment benefits rises to 286,000 The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market.
Economy Dec 30 Job market remains strong as unemployment claims drop to 198,000 The number of Americans applying for unemployment benefits fell below 200,000, more evidence that the job market remains strong in the aftermath of last year's coronavirus recession.