Tag: economy
Powell stresses message that US job market is cooling, a possible signal of coming rate cut
WASHINGTON -- Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job...
US jobs report for June is likely to point to slower but still-solid hiring
WASHINGTON -- The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal...
Cash-based Japan issues first new bills in two decades, designed against counterfeiting
TOKYO -- Japan issued its first new banknotes in two decades Wednesday, yen packed with 3-D hologram technology to fight counterfeiting.Prime Minister Fumio...
Japan revises economic growth in 1Q downward, as latest data show sluggish demand and rising prices
BANGKOK -- Japan revised its earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of...
Economic turmoil in Bolivia fuels distrust in government and its claim of a 'failed coup'
LA PAZ, Bolivia -- Signs reading “I'm buying dollars” line the doors of Víctor Vargas’ shoe shop in the heart of Bolivia’s biggest...
Federal Reserve's preferred inflation gauge shows price pressures easing further
WASHINGTON -- A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...