The US saw strong hiring last month, despite disruption caused by the Omicron variant of coronavirus.…
Category: Economy
Cost of living: New Zealand inflation tops three-decade high
New Zealand’s annual inflation rate topped a three-decade high at the end of last year, official…
World Bank warns global economy faces grim outlook
The global economy faces a “grim outlook”, World Bank president David Malpass has warned, as the…
Budget 2021: Millions will be worse off in 2022, says IFS
Millions of people are set to be worse off next year amid spiralling costs and tax…
US growth slows to just 2% as Delta hits economy
US economic growth slowed sharply in the third quarter of the year, as the fast-spreading Delta…
Nations must be ‘absolutely vigilant’ about inflation, says IMF
The economic recovery has weakened in most rich nations due to the impact of the Delta…
US economy continues to strengthen despite Delta, says Fed
The US economy continues to strengthen, albeit at a slower rate because of the Delta variant…
Inflation to remain higher for two years, warns OECD
Prices in the G20 group of major economies will grow faster than pre-pandemic for at least…
Job vacancies rise above one million in new record
Job vacancies have hit a record high as the economic recovery continues, according to official figures.…
Poor US jobs growth shows Covid Delta variant impact
The US economy added fewer jobs than expected in August as employment rose by 235,000. Read…
Coin hoarding at home leads to charity plea
UK residents are hoarding an estimated £50m in loose change, with little sign of it all…
Sri Lanka in economic emergency as food prices soar
Sri Lanka has declared an economic emergency, after a steep fall in the value of the…