Liu Jie/Xinhua via Getty ImagesInvestors will be looking to May's nonfarm payrolls report for more clarity on whether the Federal Reserve can ease up in its battle against inflation.Economists surveyed by Dow Jones expect the Bureau of Labor Statistics to report that the U.S. economy added 190,000 more jobs...
A shopper browses a selection of body boards outside a Five Below store in Bloomington, Illinois, on July 25, 2018.Daniel Acker | Bloomberg | Getty ImagesWhile inflation is showing signs of easing, consumers in the country may still be feeling its effects for quite some time, according to Joel...
Samantha McCloud, 16, left, Victoria Garcia, 16, Jessel Rincon, 16, at college and career fair at Temple City High School on Saturday, Oct. 21, 2023 in Temple City, CA.Irfan Khan | Los Angeles Times | Getty ImagesAfter receiving a graduate degree, Julianna Larock was bombarded with news about the...
A bartender prepares drinks in Le Central restaurant in San Francisco, California, US, on Tuesday, May 7, 2024. David Paul Morris | Bloomberg | Getty ImagesPrivate job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market.The payroll...
A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023.Jakub Porzycki | Nurphoto | Getty ImagesDUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion...
Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the Federal Reserve more impetus to start lowering interest rates.The Labor Department's Job Openings and Labor Turnover Survey showed that the level of employment vacancies slipped to 8.06 million for...
City scene Yeni Camii great mosque by Golden Horn of Bosphorus River, Topkapi Palace, Hagia Sophia Istanbul, Republic of Turkey Tim Graham | Getty ImagesInflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease. Consumer prices rose 75.45% in May...
Saudi energy minister Abdulaziz bin Salman on Oct. 5, 2022.Bloomberg | Bloomberg | Getty ImagesThe prominent OPEC+ oil producers' alliance is awaiting concrete central bank action on interest rates before factoring in the potential impact on the energy demand landscape, according to Saudi Arabia's energy minister."Central banks, with all...
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released Friday that is followed closely by the Federal Reserve.The personal consumption expenditures price index excluding food and energy costs increased just 0.2% for the period,...
General view of the center of Corfu with a little restaurant in Old Town in Corfu, Greece, in May 2024.Sopa Images | Lightrocket | Getty ImagesInflation in the euro zone rose to 2.6% in May, statistics agency Eurostat said Friday, but a higher-than-expected print did not sway market bets...