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Indonesia’s leader highlights economic and infrastructure developments in his final state of nation

JAKARTA, Indonesia -- Indonesia’s outgoing President Joko Widodo highlighted advances in the economy and infrastructure during his final State of the Nation address Friday.Widodo...

US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market

WASHINGTON -- The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face...

Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economy

Asian stocks were higher Friday after U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries...

U.S. employers likely added 175,000 jobs in July as labor market cools gradually

WASHINGTON -- The U.S. job market isn’t sizzling hot anymore. Companies aren’t hiring the way they were a year or two ago. But they...

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...

ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?The RBA will have...

Argentina’s inflation edges up in June, breaking a months-long streak in a blow to President Milei

BUENOS AIRES, Argentina -- A closely watched measure of inflation in Argentina was stronger than the libertarian government of President Javier Milei would have...

OECD headline inflation increases slightly to 5.9% in May – London Business News | Londonlovesbusiness.com

Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) increased slightly in May 2024, to 5.9% from...

Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2% | CBC News

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday.Economists were expecting an average...

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

NEW YORK -- Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in hotter...

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