U.S. Jobless Claims Fall to Lowest Level in Two Months – WSJ
U.S. workers’ filings for unemployment benefits dropped last week to the lowest level in two months, suggesting employers are clinging to their workers in a...
Category : News En
Soaring costs could strip ‘basic dignity’ from millions in UK – The Guardian
Soaring inflation and energy costs will leave millions of people on low incomes thousands of pounds short of what the public say is the minimum...
The metaverse is evolving from fiction into fact – The Financial Times
Thirty years ago, the science fiction writer Neal Stephenson invented the concept of the metaverse. Now, he is intent on building it in real life....
Inflation Tops 9% in Eurozone, Piling Pressure on Policy Makers – WSJ
Inflation in the eurozone rose to a fresh record in August, underscoring the economic shock dealt by Russia’s war in Ukraine and increasing the pressure...
Vast corporate profits are delaying an American recession – The Economist
To the ears of many, “pricing power” is something of a dirty term. For left-wingers it conjures up images of greedy corporations abusing their market...
Wholesale gas prices tumble as Europe prepares to intervene in energy markets – The Guardian
The wholesale price of gas has dropped sharply in a rare respite from recent highs on signs that Europe is preparing to intervene directly in...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates – MarketWatch
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise...
Inflation, Supply-Chain Issues and Covid in China to Hit Airfreight Demand, Cathay Warns – Bloomberg
Cathay Pacific Airways Ltd., one of the world’s biggest airfreight operators, warned that inflation, supply-chain snags and Covid restrictions in China could lead to weaker...
Binance looks to bolster lead position in crypto market with free trading – The Financial Times
Crypto exchange Binance is ramping up efforts to grab market share by expanding its free trading to include popular token ether, ahead of one of...
Central bankers worry that a new era of high inflation is beginning – The Economist
In august 2020 Jerome Powell, the chairman of the Federal Reserve, described a shift in the central bank’s policy framework. “The economy is always evolving,”...