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Weekly jobless claims jump to 231,000, the highest since August

Weekly jobless claims jump to 231,000, the highest since...

May 9, 2024

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IMF chief warns of emerging market risk with high U.S. interest rates

IMF chief warns of emerging market risk with high U.S....

May 8, 2024

The benchmark rates of most advanced economies soared in recent years, as central...

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Euro zone inflation steady at 2.4%, keeping June rate cut in play as economy returns to growth

Euro zone inflation steady at 2.4%, keeping June rate cut...

May 8, 2024

Price rises in the 20-nation euro area held steady at 2.4% in April, while the economy...

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Worker pay rose more than expected in Q1 in another sign of persistent inflation

Worker pay rose more than expected in Q1 in another sign...

May 8, 2024

The employment cost index, which measures worker salaries and benefits, gained 1.2%...

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McDonald's and other big brands warn that low-income consumers are starting to crack

McDonald's and other big brands warn that low-income consumers...

May 8, 2024

Higher prices have weighed on customers in an array of industries that interact...