Paramilitary police march on Tiananmen Square outside the Great Hall of the People before the closing ceremony of the Chinese People’s Political Consultative Conference (CPPCC) in Beijing on March 12, 2009. China’s annual parliamentary sessions, the National People’s Congress (NPC) and its advisory auxiliary, the CPPCC come to a close with the economy and unemployment…
Initial filings for unemployment benefits hit their highest level of the year last week in another potential signs of weakness in the labor market. Jobless claims for the week ended Feb. 22 totaled a seasonally adjusted 242,000, up 22,000 from the previous week’s revised level and higher than the Dow Jones estimate for 225,000, according…
Reserve Bank of Australia (RBA) at the central bank’s building in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows…
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts. President-elect Donald J. Trump put economic policy at the center of his campaign and, in assembling his economic team, has turned to a group of Wall Street executives, economists, lawyers…
European markets opened in negative territory on Monday, in what will be the region’s final full trading session of the year. The pan-European Stoxx 600 index was around 0.4% lower shortly after the opening bell, with all sectors and major bourses in negative territory. Industrials, media and technology stocks led the losses. Trading is expected…
