Economy

Inflation expectations among American consumers surged in January, according to the latest University of Michigan survey, casting doubt on the Federal Reserve’s decision to cut interest rates three times late...

Employers in the United States added 256,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent. Economists had been...

Consumers closed out 2024 strong as December credit card and debit card spending per household increased 2.2% over the same period a year ago. Analysis by the Bank of America...

Jobs data for December will add to ongoing mixed signals in the U.S. labor market. Analysts surveyed by Dow Jones expect 155,000 jobs added on the month, down from 227,000...

When Meta CEO Mark Zuckerberg announced this week that the social media giant would scrap third-party fact-checking and ease moderation of sensitive topics, he cast the decision as reflecting the...

LONDON — A single post on X could torpedo British Chancellor Rachel Reeves’ carefully-choreographed trip to China. The U.K. finance minister is taking a gamble with her visit to Beijing this weekend, risking...

The wildfires sweeping across Southern California have already caused an estimated $52 billion to $57 billion in damages and economic losses, according to preliminary assessments from AccuWeather. The blazes, which...

A massive strike across the U.S. East and Gulf Coast ports has been averted after a dockworker union and an alliance of companies, terminal operators, and port associations, negotiated a...

China’s cautious consumers are spending less, prompting Beijing to dish out incentives even for small home goods. On Wednesday, China added home appliances, including microwave ovens, water purifiers, dishwashers, and...

Taipei, Taiwan – As United States President-elect Donald Trump gears up for a second trade war with China once he takes office on January 20, the rare earth minerals essential...