Cash withdrawals in the UK soar as Brits grapple with the rising cost of living
Brits are using cash as a way to manage their budgets as inflation in the country is expected to peak at over 13% in October.
Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves
Federal Reserve Governor Michelle Bowman said Saturday she supports the central bank's recent big rate increases and believes they should continue.
The price of a pint is going through the roof. Here’s why UK beer costs are far outpacing inflation
The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation.
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market
Nonfarm payrolls were expected to increase 258,000 in July, according to Dow Jones estimates.
Is the economy in a recession? ‘What you call it is less relevant,’ says one economist: Here’s ‘what really matters’
Are we in a recession? A former chief economist at the U.S. Department of Labor and a former chair of the White House Council of...
Here’s where the jobs are for July 2022 — in one chart
There was an appetite for workers particularly in the service sector, which has been grappling with labor shortages.
Despite a strong jobs report, unemployment inched higher for Black workers in July
Black workers saw a rise in unemployment last month even as the headline number declined.
Danger ahead: The U.S. economy has yet to face its biggest recession challenge
You'd be hard-pressed now to find a recession in the rearview mirror. What's down the road, though, is another story.