Nearly all business leaders (99%) in a recent survey said their organizations are preparing to cut costs in 2023 amid economic uncertainty. The survey of 500 U.S.-based executives and managers — ...
France and Germany’s economy ministers will tell senior U.S. officials not to try to actively poach green investments from Europe when they visit Washington next week to raise concerns about ...
Today’s astonishing employment number—US government statisticians estimate more than half a million jobs were added to the economy, nearly three times what was expected—highlight the problem with coverage of corporate ...
Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to ...
In the last three months of 2022, the US economy grew by 2.9% compared to the same period last year, the US Department of Commerce said Thursday.The growth was driven ...
The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment that economists may have predicted prior to the pandemic, according ...
President Joe Biden said on Thursday the U.S. economy was seeing "really bright spots" after a rough few years, and was headed to a "new plateau," a new term for ...
As the year comes to an end, the customary flow of economic outlooks is in full swing. Many outlooks are looking for something to break in the economy, yet the ...
Liquidity traps can lead to deflation—a precarious environment for the economy.RenoBeranger frompixabay
Topline Growing evidence emerged this week that the Federal Reserve's interest rate hikes, which have already caused a sudden collapse in the formerly red-hot housing market, have fueled an unprecedented ...
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