It's also significantly more burdensome for lower income households, the analysts said... READ MORE›
Hours after Trump signed the tax law, Pfizer Chief Executive Officer Ian Read wrote to about 100,000 employees and contractors... READ MORE›
Obama's gift to Trump is the headline on CNN... READ MORE›
A European Central Bank ECB survey showed that inflation would remain at worryingly low levels before picking up slightly next year... READ MORE›
It sounds a lot like the Great Depression in the United States... READ MORE›
The IMF is profoundly concerned, warning at last week's annual meeting in Peru of 3tn ?1.95tn of excess credit globally and weakening global economic growth... READ MORE›
Related Stories Red warning lights are once again flashing over the state of the global economy, the prime minister has said... READ MORE›
Americans are angry because they don't care about the statistical noise -- they care about what they see with their own eyes... READ MORE›
Despite the weirdness of Campbell Newman running for premier from outside the parliament in 2012, his government began its work in a familiar, austerian manner... READ MORE›
Political uncertainty, macroeconomic instability and global economic turmoil since the 2008 crisis have all contributed to Egypt's prolonged recession, soaring unemployment and foreign currency shortages... READ MORE›
And Obama would be crawling through the northern suburbs of Richmond, Va... READ MORE›
The targets for inflation and reduction in unemployment were on track, the Fed said in a statement... READ MORE›
The jobless rate rose to 5 percent as the labor participation rate ticked up to a six-month high... READ MORE›
Stopping the decadeslong slide in labor force participation should be a national priority, economist Alan Krueger says... READ MORE›
"The size of the economy's decline was a big shock to Abe and the Liberal Democratic Party," said Katsuyuki Yakushiji, a professor of politics at Toyo University in Tokyo... READ MORE›
The November jobs report has apparently sealed the deal for a Fed interest rate hike later this month... READ MORE›
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
A recent presentation by Peter Praet, the ECB's chief economist, illustrated just how badly the eurozone has performed since the financial crisis... READ MORE›
It's been a big week for bullish economic data across the globe, from South Korean exports to European manufacturing figures... READ MORE›
WASHINGTON -- Barack Obama's first job as president Piece together the shards of a shattered U.S. economy... READ MORE›
Neither monetary policy nor the financial sector is doing what it's supposed to do... READ MORE›
A low unemployment rate is supposed to boost inflation, or so the economic theory goes... READ MORE›
At the same time, measures of manufacturing employment, online job ads and auto sales declined last month, leading some analysts to predict that job growth slowed... READ MORE›
In general, the lower the unemployment rate, the slower the pace of job growth the economy can sustain without pushing up wages and prices too quickly... READ MORE›
While the unemployment rate stayed near its recent low in December, some further strengthening is expected in labor conditions... READ MORE›
Continued economic growth of at least 6.5 percent can be achieved in 2016, and a similar rate is foreseeable until 2020, he said... READ MORE›
Its unemployment rate is low and youth unemployment is the lowest in EU... READ MORE›
An opposing group argued that more slack remains for the labor market outside the official measure of unemployment... READ MORE›
Bad loans are on the rise and banks expect more to go sour as the economy slows... READ MORE›
Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 278,000 for the week ended Nov... READ MORE›
Oil rig workers in the North Sea also face an uncertain future as other oil producers refuse to blink and continue feeding the global glut... READ MORE›
Morgan Stanley goes on to draw a parallel with the global response to 2008's crash and subsequent world recession... READ MORE›
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