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  Economy  


US Labor Shortage Is Less Than in 2020, but What About 2025?

Too many job openings and not enough takers: that was a major bottom line for U.S. business in 2024, ...View More

Oil, Gold Prices Jump on Global Uncertainties

The takeover of Syria by rebel groups has negatively impacted market sentiment.Gold and oil prices j ...View More

TikTok asks federal appeals court to bar enforcement of potential ban until Supreme Court review 

TikTok asked a federal appeals court on Monday to bar the Biden administration from enforcing a law ...View More

More Prospective Home Buyers Touring Properties as Mortgage Applications Rise: Report

Homes that were on the market for several weeks are ‘finally selling,’ a real estate expert said.An  ...View More

Business Confidence Falls to 2-Year Low After Budget: Report

The Recruitment and Employment Confederation’s survey also found a ’steep reduction' in permanent st ...View More

China launches anti-monopoly probe into Nvidia 

BEIJING —  China on Monday said it has launched an investigation into U.S. chip maker Nvidia o ...View More

McKinsey Says Australia’s Weak Economy Now a ‘National Emergency’

A new report from the global consultancy warns a number of key economic indicators are waning.Recess ...View More

India not pursuing shared BRICS currency

India is not supporting the creation of a shared currency among the nine-nation BRICS grouping but i ...View More

India not pursuing shared BRICS currency, analysts say

NEW DELHI —  India is not pursuing the creation of a shared BRICS currency, an idea that has me ...View More

Permanent Job Losses Rise to 3-Year High in November: Bureau of Labor Statistics

The recent number of permanent job losses is higher than pre-pandemic levels.New labor market data s ...View More

Key Risks to US Financial Stability Include Commercial Real Estate Stress, Cyber Threats, Crypto: FSOC

The report identifies financial vulnerabilities in 14 areas and makes recommendations to mitigate ri ...View More

Travel Boom Predicted to Continue in 2025, but Expect Higher Costs and Squeezed Spaces

The national appetite for travel didn’t diminish in 2024 and is expected to continue growing in 2025 ...View More

Commerce Department Signs Terms for Nearly $100 Million in Chipmaker Funding

The proposed funding is subject to due diligence, negotiation, and the achievement of certain milest ...View More

US Trade Deficit Falls to $74 Billion in October

Total deficit so far this year is up by more than 12 percent compared to 2023.America’s trade defici ...View More

US rebounds, adds 227,000 jobs in November

WASHINGTON —  America’s job market rebounded in November, adding 227,000 workers in a solid re ...View More

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