Economies

The number of American workers seeking state unemployment benefits last week blew by expectations to 965,000, a figure not seen since August 2020 and a historically high amount that points to a ...

WASHINGTON—The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor ...

WASHINGTON—The U.S. government posted a December budget deficit of $144 billion—a record for the month—due to far higher ...

LONDON—A major chunk of the recovery in companies’ earnings expected in the first quarter is at risk of ...

Retailers enjoyed an exceptionally strong spend-up a month out from Christmas but there is some uncertainty around how ...

HOUSTON—A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present ...

WASHINGTON—U.S. consumer borrowing rose 4.4 percent in November 2020, its strongest showing in five months, led by strong ...

WASHINGTON—Newly released transcripts show that many Federal Reserve officials had concerns in late 2015 over whether they were ...

WASHINGTON—U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that ...

The UK government on Saturday announced an expansion to a scheme that captures dormant assets, in order to ...

WASHINGTON—The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that ...

The Morrison government says a plan to boost onshore diesel storage will create about 1000 jobs and provide ...

WASHINGTON—The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that ...

WASHINGTON—The number of Americans filing first-time claims for jobless benefits unexpectedly dipped last week while staying extremely high, ...

WASHINGTON—U.S. services industry activity accelerated in December, but sky-rocketing COVID-19 infections depressed employment, heightening the risk that the ...

Low interest rates and government stimulus measures for housing during the COVID-19 pandemic have seen building approvals for ...

The UK new car market fell by almost a third in 2020 as a result of CCP virus ...

Department store operator Macy's Inc said on Tuesday it would close about 45 stores this year as part ...

WASHINGTON—American factories grew in December 2020 at the fastest pace in more than two years as manufacturing continued ...

The British government announced on Tuesday that it's offering a £4.6 billion ($6.2 billion) support package for businesses ...

WASHINGTON—Spending on U.S. construction projects increased 0.9 percent in November 2020 as strength in home building offset weakness ...

Manufacturers across Europe ended 2020 on a high while Asian factory activity expanded moderately thanks to increased demand ...

NEW YORK—The year 2020 was a wild one for Wall Street, bookended by the end of the longest ...

Global commodity markets ended 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices ...

Fewer Americans sought unemployment benefits last week, but the modest drop did little to dispel concerns that the ...

NEW YORK—The U.S. Treasuries market took investors on a bumpy ride in 2020, with yields plunging to historic ...

NEW YORK—This year was like no other for oil prices. Even as global prices end the year at ...