Manufacturing versus services: It's not one or the other
Paths towards prosperity can vary from one state to another, as India’s story of economic emergence shows, and we mustn’t fall for false dichotomies.
Source: livemint.com
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25 states will raise their minimum wage in 2024. Will it be enough?
Even as the minimum wage ticks up in half the country, inflation remains high and competition for better-paying jobs is increasing.
United States Article Featured Business Consumer Services Regulation Government Policy Labor Personnel Corporate Industrial News
Source: marketwatch.com
U.S. Personal Spending up 0.2% in November; Personal Income Up 0.4%
By David Harrison Prices fell last month for the first time since 2020. Inflation is approaching the Fed's 2% target.
David Harrison Article Normal Economic Performance Indicators Personal Income Average Earnings Economic News Economic Performance
Source: marketwatch.com
Shohei Ohtani reportedly will defer 97% of annual salary -- and that's allowed
Shohei Ohtani will reportedly defer about $68 million a year on his record 10-year, $700 million contract with the Los Angeles Dodgers, giving the team much...
Source: marketwatch.com
UK Unemployment Rate holds steady at 4.2% in quarter to October, as expected
The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.2% in three months to October, according to the latest data published by the Office for National Statistics (ONS) showed Tuesday.
New Zealand United Kingdom Office For National Statistics United Kingdom Unemployment Rate Claimant Count Change Unemployment Rate
Source: fxstreet.com
Jobs report shows 199,000 gain in November. Wages rise sharply.
The return of striking workers boosted the number of new U.S. jobs created in November by a solid 199,000 and wages rose sharply, but the latest job report...
United States Federal Reserve Wall Street Journal Dow Jones Industrial Average Article Normal Audiovisual Production
Source: marketwatch.com
Inflation is slowing, but consumers aren't buying it. Are they just stuck in the past?
Why do consumers feed so bad in an economy that seems so good? One expert may have an answer.
United States Constance Hunter Joe Biden Macro Policy Perspectives Federal Reserve University Of Michigan
Source: marketwatch.com
U.S. Personal Spending Rose 0.2% In October, Personal Income Up 0.2%
By Gwynn Guilford Americans slowed their spending in October and inflation cooled as the economy downshifted from a fast-paced summer.
United States Gwynn Guilford Article Normal Economic Performance Indicators Personal Income Average Earnings Economic News
Source: marketwatch.com
UK CPI Preview: Inflation expected to decline to lowest level in two years
The Pound Sterling market keenly awaits the release of the high-impact United Kingdom’s (UK) Consumer Price Index (CPI) data for October, which will be released by the Office for National Statistics (ONS) on Wednesday.
United Kingdom Dhwani Mehta Monetary Policy Committee Office For National Statistics National Statistics Pound Sterling
Source: fxstreet.com
UK Unemployment Rate steadies at 4.2% in quarter to September vs. 4.2% expected
The United Kingdom’s (UK) ILO Unemployment Rate held steady at 4.2% in the quarter to September, the latest data published by the Office for National Statistics (ONS) showed Tuesday. The data matched market expectations of 4.2% in the September quarter.
United Kingdom Office For National Statistics United Kingdom Unemployment Rate Claimant Count Change Unemployment Rate National Statistics
Source: fxstreet.com