Inflation closed out 2022 in a modest retreat, with consumer prices in December posting their biggest monthly decline since early in the pandemic, the Labor Department...
Category: Economy
Time for the Fed to declare victory on inflation? Not yet
A man pumps gas at a gas station in the Brooklyn borough of New York, the United States, Dec. 13, 2022. Michael Nagle | Xinhua News...
World Bank makes big cut to its 2023 growth outlook, says globe is ‘perilously close’ to recession
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic conditions....
France’s government outlines plans to raise retirement age despite years of pushback
The French government is presenting new plans to update the pension system. Analysts expect some backlash from some workers. Nurphoto | Nurphoto | Getty Images French...