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World Bank Warns of Lost Decade for Global Economy
Economy The Outlook Lender sees demographics, war and pandemic aftereffects holding back growth Source link
Sunbelt Cities Nashville and Austin Are Nation’s Hottest Job Markets
To find the best job markets in America, head to the South. Nashville, Tenn., topped the list of 2022’s hottest job markets, followed by Austin,
Bank Stress, Softer Inflation Makes Fed's Life Easier
The Federal Reserve just got another excuse to tread softly on rate increases. Source link
Bank of Mexico Slows Pace of Interest-Rate Increases
MEXICO CITY—The Bank of Mexico raised interest rates for a 15th consecutive time Thursday, while slowing the pace of monetary tightening as inflation shows signs
Spending Report to Show Whether Strength Continued in February
A government report Friday will offer insight into how the U.S. economy fared in February, as elevated inflation continued to weigh on consumer purchasing power.
Eurozone Core Inflation Hits Record High
Economy Europe Economy The headline inflation rate fell sharply in March but policy makers worry the search for bigger profits may keep other prices rising
China's Consumers Extend Economic Rebound From Pandemic
A gauge of activity in China’s services sector reached its highest level in more than a decade in March, a sign that Chinese consumers are
Low Jobless Claims Show Labor Market Stays Robust
Worker filings for unemployment benefits rose to a seasonally adjusted 198,000 last week but were still historically low, showing that the broader labor market remains
Turkey Epitomizes the West’s Russia Sanctions Dilemma
Markets Heard on the Street As Turkey struggles with inflation and the earthquake aftermath, Russia emerges as a vital trading partner Source link
Small Banks Are Losing to Big Banks. Customers Are About to Feel It.
Banks too big to fail are gaining deposits: “How can I compete for new business with that big enchilada out there?” Source link