The US labor market unexpectedly contracted in July, with nonfarm payrolls posting their first monthly decline in years as hiring weakened across several sectors, reinforcing concerns that employment momentum is slowing even as inflation remains above the Federal Reserve’s target.According to the Bureau of Labor Statistics, nonfarm payrolls fell by…
The Reserve Bank of India (RBI) on Wednesday kept its benchmark repo rate unchanged at 5.25% and retained its…
Hiring at US private companies slowed sharply in July, with healthcare accounting for the bulk of new jobs as…
The US government has returned about $100 billion to businesses that paid Donald Trump’s “Liberation Day” tariffs.The amount includes…
US President Donald Trump on Monday accused ExxonMobil and Chevron of making excessive profits from elevated fuel prices and…
Top analysts are warning that PresidentTrump risks getting drawn into a forever war, as his options on Iran narrow…
US job openings declined in June, largely reflecting weaker demand in the healthcare and social assistance sector, although stronger…
The Bank of England kept interest rates unchanged on Thursday as policymakers weighed easing domestic inflation against renewed uncertainty…
The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the Federal…