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Economy
Private sector companies added 122,000 jobs in December, less than expected, ADP says
A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024. Allison Joyce | Bloomberg |…
Trump could declare national economic emergency to justify universal tariffs, CNN reports
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | ReutersPresident-Elect Donald Trump is contemplating calling a national economic emergency to implement his…
Euro zone inflation rose to 2.4% in December, meeting expectations
A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill Kudryavtsev | Afp | Getty ImagesAnnual inflation in the euro zone rose for a third straight month to reach…
Services index shows big jump in prices for December as companies fear tariffs
A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt | Getty ImagesActivity in the U.S. services industry accelerated in December but brought with it a sharp rise in expectations for…
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit its lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.Job openings totaled 7.74 million on the month, up…
UK firms plan price rises as business confidence falls to lowest level since 2022
UK firms are planning to raise prices to cover higher tax payouts as confidence among businesses tumbled to its lowest level since the market-rocking "mini-budget" crisis of fall 2022, according to a survey by the British Chambers of…
Trump reportedly considering important alteration to tariff plans
U.S. President-elect Donald Trump looks on during Turning Point USA's AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. Rebecca Noble | Getty ImagesPresident-elect Donald Trump is considering a plan…
France’s political chaos casts long shadow over economic growth
A pedestrian crosses a flooded street following heavy rainfall in Paris on October 17, 2024.Joel Saget | Afp | Getty ImagesFrench lawmakers will hold a no-confidence vote in the fragile minority government of Prime Minister Michel…
Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank's headquarters in the City of London, U.K., on Nov. 29, 2024. Hollie Adams | Bloomberg | Getty ImagesBank of England Governor Andrew Bailey on Wednesday signaled that…
Private payrolls grew by 146,000 in November, less than expected, ADP says
Private payrolls growth was less than expected in November, reflecting a slowing labor market, according to a report Wednesday from ADP.Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less…