The U.S. job market faced a sharp rise in cuts in January, with the tech sector seeing a 128% increase due to AI integration. Despite this, hiring intentions were announced, though...
Bank of England Governor Andrew Bailey discusses the potential for further rate cuts amidst inflation concerns, emphasizing a cautious approach to monetary policy adjustments due t...
The Bank of England has expressed its support for the UK government's structural reforms aimed at boosting long-term economic growth. Deputy Governor Clare Lombardelli and Governor...
The US labor market faces unexpected challenges as initial jobless claims rise by 11,000 to 219,000, exceeding analysts' forecasts. The four-week moving average and insured unemplo...
The US Department of Labor reported an unexpected increase in initial jobless claims by 11,000 to 219,000 for the week ending January 31, exceeding analysts' forecasts. The four-we...
The UK construction sector entered contraction in January 2024, with the PMI dropping to 48.1 due to declines in residential work and civil engineering, amidst economic uncertainti...
US Treasury Secretary Scott Bessent warns of the largest tax hike in history if the tax bill isn't passed, emphasizing the need for economic deregulation and lower energy costs to ...
Federal Reserve's Goolsbee cautions against ignoring the economic impacts of tariffs, highlighting potential inflationary pressures and supply chain disruptions, and the challenges...
