U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions.
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Technology Sector Leads U.S. Layoff Plans
Consumer prices rose 3.8% in April from a year earlier, a clear impact of higher gas prices since the start of the war with Iran
Investors at the start of this year were pricing in Federal Reserve rate cuts. Those are all but off the table for now. Source link
BOJ Governor Sees Oil Price Surge as Test of Inflationary Mettle
The current energy shock could rewrite Japan’s inflation outlook, but the impact isn’t black and white, says Bank of Japan Gov. Kazuo Ueda. Source link
As cities race to control surging healthcare costs, many point to expenses related to the use of weight-loss drugs
Employers are stripping coverage as financial concerns mount: “I don’t have any more options.” Source link