Fewer Americans file for jobless claims last week
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound. Jobless claims fell…
AP Wire
Bank of England raises key interest rate to combat inflation
LONDON — The Bank of England raised its key interest rate today for the third time since December as it pushes ahead faster than other…
US expels another Chinese phone carrier on security grounds
BEIJING — Washington has expelled another state-owned Chinese phone carrier from the U.S. market over national security concerns amid rising tension with Beijing. The Federal…
Dollar General: Fiscal Q4 earnings snapshot
GOODLETTSVILLE, Tenn. — Dollar General Corp. today reported fiscal fourth-quarter profit of $597.4 million. On a per-share basis, the company said it had net income…
War in Ukraine will take global economic toll, group warns
Russia’s war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organization…
Fed begins inflation fight with key rate hike, more to come
WASHINGTON — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate…
U.S. retail spending slows as inflation starts to bite
NEW YORK — After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items…
How higher interest rates will affect Americans’ finances
WASHINGTON — Americans who have long enjoyed the benefits of historically low interest rates will have to adapt to a very different environment as the…
Fed begins inflation fight with key rate hike, more to come
WASHINGTON (AP) — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest…
EXPLAINER: What would a Russian bond default mean?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions of dollars owed to foreigners….