Retail sales rise 0.5% in July, missing forecasts but marking second straight monthly gain after spring slide
Retail sales in July rose 0.5% from the prior month, a rise that was slightly below Wall Street…
US-Based Companies Announce Record Number of Impending Layoffs
In one of the scariest moments in modern history, we’re doing our best at ScheerPost to pierce…
Trump is as unpopular on inflation as Biden was in 2022
New BLS data published on Thursday show a troubling increase in the Producer Price Index — a measure…
Russia Is Facing Labor Crunch and ‘Hidden Unemployment’ Simultaneously
Russia’s jobless rate is at a record low due to a labor crunch — but that’s only part…
Goolsbee sees ‘note of unease’ as Fed looks to next interest rate move
Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering…
Saudi’s PIF takes $8 billion writedown on megaprojects
Saudi Arabia’s Public Investment Fund, the engine driving the kingdom’s ambitious Vision 2030 economic transformation plan, slashed $8…
China’s Mounting Debt Could Spell Trouble for Economy
The economic impact of ageing populations is expected to deepen in the coming decades, particularly in countries with…
World Bank highlights five challenges in the job market in Ghana
World Bank reports says Ghanaians are ‘running on a treadmill’ The World Bank has noted that despite the…
Africa’s richest city on track to extend GDP growth streak for third quarter
Africa’s largest economy likely grew for a third consecutive quarter, driven by rebounds in manufacturing and mining, though…
US tariffs impacting Mexican trucking industry, exports drop over 50%
Exports, production and domestic sales of Mexican-built heavy-duty trucks saw steep year over year declines in July. Mexican…
US manufacturing production stalls in July
WASHINGTON (Reuters) -U.S. factory production was unchanged in July suggesting manufacturing activity was stalling as businesses navigate higher…
US consumer confidence drops in August – breakingthenews.net
US consumer confidence drops in August breakingthenews.netAmerican consumers are getting nervous about inflation again. For now, they’re still spending CNNConsumer…