Powell stresses message that US job market is cooling, a possible signal of coming rate cut
WASHINGTON (news agencies) — Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing ...
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Kenya’s president warns of huge consequences after his effort to address an $80 billion debt fails
NAIROBI, Kenya (news agencies) — The ballooning debt in East Africa’s economic hub of Kenya is expected to grow even ...
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Stock market today: Wall Street’s scorching rally sets more records as hopes rise for rate cuts
NEW YORK (news agencies) — U.S. stocks rose to more records Friday after a highly anticipated report on the job ...
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US employers added a solid 206,000 jobs in June in a sign of continued economic strength
WASHINGTON (news agencies) — America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again ...
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Economy could be strengthened through tourism: Minister
LAHORE: Punjab Minister of Industry and Commerce Chaudhry Shafay Hussain said that the national economy could be strengthened by promoting ...
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Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (news agencies) — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures ...
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US economic growth for last quarter is revised up slightly to a 1.4% annual rate
WASHINGTON (news agencies) — The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly ...
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Putin could struggle to end the war in Ukraine because it’s making some poor Russians richer
Russia's war against Ukraine has improved conditions for some poor Russians.War-related activities drive economic resilience, with 3.6% GDP growth last ...
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Is the US job market beginning to weaken? Friday’s employment report may provide hints
WASHINGTON (news agencies) — Tentative signs have emerged that the U.S. economy is cooling in a way that would be ...
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US job openings fall to 8.1 million, lowest since 2021, but remain at historically high levels
WASHINGTON (news agencies) — U.S. job openings fell in April to the lowest level since 2021. But they remained at ...
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