Goldman sees World Cup adding 40,000 jobs to June payrolls
Homebase data point to stronger hiring in World Cup host cities, lifting Goldman’s payroll estimate above the Dow Jones consensus.
By Ingrid Halvorsen 1 month agoSection
Economics
ECB raises rates to 2.25% as energy shock lifts euro zone inflation
The European Central Bank lifted borrowing costs for the first time since 2023 and cut its growth outlook as the Iran war pushed u...
By Ingrid Halvorsen 1 month ago
Nevada leads US workforce growth as economy broadens beyond casinos
BLS data show Nevada’s workforce rose 1.9% in the year to April 2026, outpacing every other state as hiring spread beyond gaming.
By Ingrid Halvorsen 1 month agoUS labor force participation falls to lowest non-Covid level since 1976
BLS data showed the June jobless rate fell to 4.2% as 720,000 people left the labor force, masking weaker household employment.
By Ingrid Halvorsen 1 month agoBank of England holds rate at 3.75% as energy shock clouds inflation
The U.K. central bank kept rates unchanged, with policymakers weighing weak output against inflation risks tied to the Iran war an...
By David L. Chen 1 month ago
Hormuz reopening may not quickly reverse inflation shock, analysts say
A U.S.-Iran memorandum eased supply fears, but economists say energy, food and rate pressures from the Hormuz war will persist.
By Ingrid Halvorsen 1 month agoUK output slips 0.1% in April as energy shock hits activity
Services weakness pulled UK GDP lower in April, with firms telling the ONS the Iran conflict had raised fuel and energy costs.
By Ingrid Halvorsen 1 month ago
Iranian oil tankers leave Hormuz blockade as shipping firms await deal
Kpler data show three Iran-linked tankers carrying nearly 5mn barrels of crude have crossed the U.S. blockade perimeter before a p...
By Sarah Jenkins 1 month ago
US private hiring slowed to 98,000 jobs in June, ADP says
ADP said private employers added fewer jobs than economists expected in June, with health and education services accounting for ne...
By Sarah Jenkins 1 month ago
US inflation reaches 4.2% in May as energy costs jump
The CPI rose 0.5% in May, matching expectations, while core inflation was cooler than forecast as energy drove the annual rate to...
By Ingrid Halvorsen 1 month ago
EU trade push meets heat-driven demand for Chinese cooling units
Brussels wants progress on its China trade deficit by October as a European heat wave lifts demand for air conditioners largely su...
By Sarah Jenkins 1 month agoU.S. readies Venezuela aid after deadly twin earthquakes
Trump ordered agencies to prepare assistance as Venezuela reported 164 deaths and the USGS warned of severe human and economic los...
By Sarah Jenkins 1 month ago