Today: November 14, 2024
Today: November 14, 2024

Latest From PAUL WISEMAN

Business|Economy|Finance|US

US wholesale inflation picks up slightly in sign that some price pressures remain elevated

Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure

US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Economy|Election|Opinion|US

Frustrated Americans await the economic changes they voted for with Trump

Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded change when they voted for president

Frustrated Americans await the economic changes they voted for with Trump
Business|News|Technology|US

Google exploited exclusive search engine deals to maintain its advantage over rivals, DOJ argues

Google is confronting a threat to its dominant search engine as federal regulators launch an attempt to dismantle its internet empire in the biggest U.S. antitrust trial in a quarter century

Google exploited exclusive search engine deals to maintain its advantage over rivals, DOJ argues
Business|News|Technology

DuckDuckGo founder says Google's phone and manufacturing partnerships thwart competition

The founder of the small search engine company DuckDuckGo is testifying against Google in the biggest antitrust trial in a quarter of a century

DuckDuckGo founder says Google's phone and manufacturing partnerships thwart competition
Business|Economy|Finance|News|US

US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection

The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged

US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection
Economy|Education|News

Nobel economics prize goes to Harvard's Claudia Goldin for research on the workplace gender gap

Claudia Goldin, a Harvard University professor, was awarded the Nobel economics prize for research that helps explain why women around the world are less likely than men to work and to earn less money when they do

Nobel economics prize goes to Harvard's Claudia Goldin for research on the workplace gender gap
Economy|News|World

IMF outlook worsens for a 'limping' world economy. Mideast war poses new uncertainty

The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts

IMF outlook worsens for a 'limping' world economy. Mideast war poses new uncertainty
Business|Economy|Finance|News|US

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates

The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers

US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates
Business|Economy|Finance

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023

The tide turned against inflation

From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
Asia|Business|Economy|News

US companies are picky about investing in China. The exceptions? Burgers and lattes

It was a tumultuous 2023 for the Chinese economy

US companies are picky about investing in China. The exceptions? Burgers and lattes
Africa|Economy|MidEast|News|World

Houthi attacks in the Red Sea are idling car factories and delaying new fashion. Will it get worse?

Attacks on ships in the Red Sea by Yemen’s Houthi rebels have unraveled a key global trade route, forcing vessels into longer and more costly journeys around Africa

Houthi attacks in the Red Sea are idling car factories and delaying new fashion. Will it get worse?
Business|Economy|Environment|News|US

Baltimore bridge collapse and port closure send companies scrambling to reroute cargo

The stunning collapse of Baltimore’s Francis Scott Key Bridge is diverting shipping and trucking around one of the busiest ports on America’s East Coast

Baltimore bridge collapse and port closure send companies scrambling to reroute cargo
Business|Economy|Finance|US

A healthy US economy's secret ingredient: Immigrant workers, eager to fill jobs

Millions of jobs that new immigrants have been filling in the United States appear to solve a riddle that has confounded economists for at least a year: How has the U.S. economy managed to prosper, adding hundreds of thousands of jobs, month after month, at a time when the Federal Reserve has aggressively raised interest rates — normally a recipe for a recession

A healthy US economy's secret ingredient: Immigrant workers, eager to fill jobs
Economy|Finance|News|US

US employers scaled back hiring in April. How that could let the Fed cut interest rates

The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market

US employers scaled back hiring in April. How that could let the Fed cut interest rates
Business|Economy|News|US|World

Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump

President Joe Biden says in defending his new tariffs on Chinese products that China's government subsidies ensure its companies don’t have to turn a profit, giving them an unfair advantage in global trade

Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump
Election|Europe

Costly election pledges in France stoke fears of splurges that risk pushing country deeper into debt

In France, parties of the far right and the far left are making election promises that are appealing -- and expensive

Costly election pledges in France stoke fears of splurges that risk pushing country deeper into debt
Business|Economy|Finance|News|US

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

The U.S. economy suffered an unexpected setback in July, as hiring fell sharply and the unemployment rate rose for the fourth straight month in a sign that higher interest rates may be taking a bigger toll on businesses and consumers

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears
Business|Economy|Finance|News|Stock Markets|US

The Fed's high rates spur fear of slowdown, yet recession signals have so far proved wrong

The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession

The Fed's high rates spur fear of slowdown, yet recession signals have so far proved wrong
Economy|Europe

Nobel economics prize goes to 3 economists who found that freer societies are more likely to prosper

The Nobel memorial prize in economics has been awarded to three U.S.-based academics who studied why some countries are rich and others poor and have documented that freer, open societies are more likely to prosper

Nobel economics prize goes to 3 economists who found that freer societies are more likely to prosper
Economy|Election|US

Trump's economic plans would worsen inflation, experts say

Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”

Trump's economic plans would worsen inflation, experts say
Economy|Political|US

Trump's economic plans would worsen inflation, experts say

Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”

Trump's economic plans would worsen inflation, experts say
Business|Economy|US

Trump uses interview on economics to promote tariffs and riff on his favorite themes

Donald Trump has seized on an opening to sound his frequent argument that imposing huge tariffs on foreign goods would amount to an economic elixir — one he claims would raise enormous sums for the government, protect U.S. firms from overseas competition and prod foreign companies to open factories in the United States

Trump uses interview on economics to promote tariffs and riff on his favorite themes
Economy|Election|Finance|US

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
Economy|Finance|Stock Markets|US

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
Business|Economy|US

US job openings fell in September to a 3 1/2-year low

U.S. job openings tumbled last month to their lowest level since January 2021, a sign that the labor market is losing some momentum

US job openings fell in September to a 3 1/2-year low

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