The German economy was in recession in early 2023 after households spending in Europe’s economic engine finally succumbed to the pressure of high inflation. Gross domestic product fell by 0.3%…
Biden touts job growth as voters dread inflation Newslooks- WASHINGTON (AP) President Joe Biden has notched an envious record on jobs, with 10.3 million gained during his tenure. But voters…
Nasdaq closes at 2-year low due to chip stocks Newslooks- NEW YORK- (AP) Wall Street added to its recent string of losses Monday, as stocks fell ahead of a busy…
Biden pleads voters patience on Econ. pressure Newslooks- WASHINGTON (AP) When it comes to reassuring Americans about an economy that’s an election-year challenge for his party, President Joe Biden is…
IEA: Europe faces Unmatched risk of Gas Lack Newslooks- (AP) Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments and could…
Dow hits 2022 Low, Global Markets Sell Off Newslooks- (AP) Markets sold off around the world on mounting signs the global economy is weakening just as central banks raise the…
Powell: Higher Rates won’t cause Deep US Recession Newslooks- WASHINGTON (AP) The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it…
US hiring: Employers add a still-solid 315,000 Jobs Newslooks- WASHINGTON (AP) America’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer…
Stocks off to mixed start to week ahead of Fed meeting Newslooks- AP Stocks on Wall Street were mixed in afternoon trading Monday, as investors braced for a two-day meeting…
Stocks end higher as Wall Street’s winning week rolls on Newslooks- AP Stocks on Wall Street closed higher Thursday, building on their winning week, as investors sifted through a deluge…
Americans filing jobless claims at highest level in 8 months Newslooks- WASHINGTON (AP) The number of Americans applying for unemployment benefits last week rose to the highest level in more…