Inflation Slipped in April, but Upward Pressures Remain
U.S. inflation edged down to an 8.3% annual rate in April but remained close to the fastest pace in four decades as the economy continued to face upward price pressures. The Labor…
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Services Sector Figures
U.S. Added 467,000 Jobs in January
U.S. payrolls grew sharply by 467,000 in January and the jobless rate rose to 4% as the economy weathered the Omicron wave and staffing shortages, the Labor Department said Friday.The Labor…
Covid-19 Surge Slows European Recovery, but Supply Problems Ease
Rising Covid-19 infection rates and greater caution resulting from the uncertain threat of a new variant have weakened Europe’s economic recovery, but there are signs…
U.S. Expansion Slowed in August, Survey Shows
The U.S. economic expansion is losing momentum.
Softening demand at a time of rising Covid-19 cases, labor shortages and persistent knots in shipping networks are…
China’s Economy Flashes Hints of Weakness
BEIJING—Expansion in China’s factory sector slowed in June, as export demand weakened while supply bottlenecks held back production, official data showed Wednesday.…