Tag: economy
Top official says Federal Reserve can't risk being too late with rate cuts
WASHINGTON -- A top Federal Reserve official warned Wednesday that the Fed needs to cut its key interest rate before the job market...
Home Depot trims guidance with anxiety about the broader economy up among contractors and homeowners
Home Depot's second-quarter sales rose slightly as the nation's biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers...
Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
WASHINGTON -- The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay...
Asian shares are mixed, with Tokyo closed, as more tests for markets loom
BANGKOK -- Asian shares were mixed in calm trading on Monday ahead of big reports this week on the state of the U.S....
As South Sudan's oil revenues dwindle, even the security forces haven't been paid in months
JUBA, South Sudan -- The recent rupture of a crucial oil pipeline has sent fresh pain through the economy of South Sudan, where...
Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economy
Asian stocks were higher Friday after U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased...