Latest Economy News
ECB study flags limited impact of AI boom on US jobs and wages
A surge in artificial intelligence adoption may be displacing some workers, but…
UK retail sales beat forecasts with 1.2% rise in May
British retail sales rebounded more strongly than expected in May, supported by…
US jobless claims fall to 226,000 as layoffs remain low, labor market stays resilient
The number of Americans filing new applications for unemployment benefits fell last…
Bank of England holds rates at 3.75% as inflation risks persist
The Bank of England left its benchmark interest rate unchanged at 3.75%…
UK wage growth remains resilient as unemployment falls to 4.9%
UK wage growth remained stronger than expected in the three months to…
Fed holds rates steady as officials split on hikes under Warsh
Federal Reserve officials left interest rates unchanged on Wednesday and revealed a…