Hiring beat expectations with 172,000 new jobs. The unemployment rate held steady at 4.3%. Source link
Category: Economy
WTO’s Leading Indicator Points to Continued Trade Resilience
Trade appears to have remained resilient despite headwinds from the war in the Middle East, which seem to have been partly offset by rising demand […]
BOE Survey Finds Businesses Expect to Raise Prices at Faster Rate
U.K. businesses polled in May expected to raise their prices at a faster rate, but wage increases were seen slowing, according to a Bank of […]
Eurozone Economy Shrank in First Quarter as Iran War Darkens Outlook Ahead
GDP in the currency area fell 0.2% in the first three months of 2026, driven by output declines in Ireland and France. Source link
Fitch Cuts Global Growth Outlook in Latest Downgrade to Capture Mideast Impact
The oil shock triggered by the U.S.-Iran conflict has damaged the global economy’s prospects, Fitch Ratings warned. Source link
India’s Central Bank Holds Rates as Iran Crisis Keeps Risks High
India’s central bank held rates steady on Friday, staying on pause as it gauges the impact of the Middle East conflict on the country’s currency […]
Irish Economy Likely to Pull Eurozone Into Contraction
GDP was 12.1% smaller in the three months through March than it was in the previous quarter, according to Ireland’s Central Statistics Office. Source link
Tax the billionaires? Or don’t kill the golden goose? Here are the income-inequality fixes that our economists recommend
We asked economists from across the political spectrum for their policy prescriptions. Their suggestions run the gamut. Source link
Many affluent baby boomers told the WSJ they are regularly giving their kids and grandkids smaller financial gifts now—instead of one big inheritance
We wrote about how older Americans are accumulating trillions in wealth for themselves. Readers told us that wasn’t the full story. Source link
Technology Sector Leads U.S. Layoff Plans
U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions. Source link