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US job openings rise to 8.1 million despite higher interest rates

Fed policymakers welcome lower job openings- a relatively painless way to cool a hot job market and reduce pressure on companies to raise wages.

A
Published on Jul 03, 2024 09:19 AM IST
AP |

US economic growth last quarter revised down from 1.6% to 1.3%, inflation cools

Gross domestic product grew at an 1.3% annualized rate from January through March, the Commerce Department reported.

Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US.(Bloomberg)
Published on May 30, 2024 08:27 PM IST
Reuters |

Will US fed cut rates in 2024? Goldman Sachs' CEO's ‘zero chances’ response

David Solomon predicted “zero” cuts citing investments in AI infrastructure that have helped economy be more resilient to the Fed’s monetary tightening.

Goldman Sachs CEO David Solomon gestures during the Boston College Chief Executives Club luncheon in Boston, Massachusetts, US.(Reuters)
Published on May 23, 2024 08:29 AM IST
By | Edited by Mallika Soni

Global trade versus economic nationalism

This article is authored by Sriparna Pathak.

International Relations
Published on May 10, 2024 11:48 AM IST
BySriparna Pathak

US economic growth in first quarter falls short of expectations at 1.6%

The US economy expanded less than projected in the first three months of 2024 as exports and consumer spending declined, according to the Commerce Department.

The first quarter saw the US economy rise by 1.6 percent, according to the government data.(UNSPLASH)
Updated on Apr 25, 2024 07:13 PM IST
ByShweta Kukreti
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