A workers stocks the shelves in a CVS pharmacy store on February 07, 2024 in Miami, Florida. Joe Raedle | Getty ImagesJob growth in the U.S. likely decelerated in February while still a long way from stall speed as companies continue to keep up demand for workers.When the Labor Department releases...
Category: Economy
Private payrolls rose by 140,000 in February, less than expected, ADP reports
Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday.Companies added 140,000 positions for the month, an increase from the upwardly revised 111,000 in January but a bit below the Dow Jones estimate for 150,000.Job gains came across multiple areas,...
Turkish annual inflation soars to 67% in February
The Maslak financial and business center in the Sariyer district of Istanbul.Ayhan Altun | Moment | Getty ImagesTurkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.Analysts polled by Reuters had anticipated annual inflation would climb to 65.7% last month.The...
Goldman Sachs and Abu Dhabi’s Mubadala ink $1 billion partnership to invest in Asia Pacific
An Emirati woman paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, Oct. 2, 2019.Christopher Pike | Bloomberg | Getty ImagesDUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign wealth fund Mubadala on Monday signed a $1 billion private credit partnership to co-invest in...
Inflation remains sticky in Europe, with core prices cooling less than expected
A salesman preparing a bag of sweets for a customer in the Sicilian confectionery shop Mazzone on February 02, 2024 in Catania, Italy. Fabrizio Villa | Getty Images News | Getty ImagesInflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline...