Dozens of cities have been experiencing record-high temperatures at a time when the economy is still…
Tag: economy
Sri Lankan president flees the country amid economic crisis
The president of Sri Lanka fled the country early Wednesday, days after protesters stormed his home…
Friday’s jobs report could be telling as recession worries mount
The monthly government employment snapshot from the Bureau of Labor Statistics is expected to show continued…
Jobless claims rise to highest level in nearly 6 months
More Americans applied for unemployment benefits last week and while layoffs remain low, it was the…
Fed says sharply higher rates may be needed to quell inflation
Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher…
Texans face skyrocketing home energy bills as the state exports more natural gas than ever
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Inflation soars to nearly 80% in Turkey as food prices double
Consumer prices increased by 78.6% last month compared to June 2021, driven by the soaring cost…
China’s real estate crisis deepens as big Shanghai developer defaults
Shanghai-based Shimao Group failed to pay the interest and principal on a $1 billion bond due…
China’s economy just had its best month since February
The Chinese government’s purchasing managers’ index (PMI) for manufacturing — which mainly covers larger businesses and…
