By CHRISTOPHER RUGABER WASHINGTON (AP) — Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial […]
U.S. growth in Q4 revised lower to 6.9%, slower growth to come The Denver Post
WASHINGTON — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates. […]
Weekly U.S. jobless claims rise for the first time in a month The Denver Post
WASHINGTON — More Americans applied for employment benefits last week following three straight weeks of declines. Jobless claims rose by 23,000 to 248,000 last week, the Labor Department reported Thursday. […]
On MLK Day, Yellen says U.S. economy is unfair to Black people The Denver Post
ATLANTA — The U.S. economy “has never worked fairly for Black Americans — or, really, for any American of color,” Treasury Secretary Janet Yellen said in a speech delivered Monday, […]
Omicron is an economic threat, but inflation is worse, central bankers say
NEW YORK (NYTIMES) – There is still a lot scientists do not know about omicron. There is cautious optimism – but no certainty – about the effectiveness of vaccines against […]
Inflation worries dominated Fed's last meeting
WASHINGTON (NYTIMES) – Worries about inflation dominated the Federal Reserve’s November policy meeting, with some policymakers suggesting that the United States central bank should move more quickly to reduce its […]
Singapore non-oil export growth rises to 12.3% in September, higher than expected
SINGAPORE – Singapore’s non-oil domestic exports (Nodx) expanded at a faster pace last month from August, helped by growth in both electronics and non-electronics shipments. Nodx rose by 12.3 per […]
GRAPHIC-Investment flows into U.S. equity funds drop in the week to Oct. 13 -Lipper
Oct 15 (Reuters) – Money inflows into U.S. equity funds dropped in the week to Oct. 13 as investors grew anxious over the impact of higher inflation on upcoming third-quarter […]
Singapore LNG Corp scouts for spot cargoes as electricity futures surge
SINGAPORE (REUTERS) – Singapore LNG Corp (SLNG) is making enquiries about buying LNG cargoes from the spot market, a rare move for the operator of the city state’s liquefied natural […]
Hong Kong risks global status as Singapore opens up to world
HONG KONG (BLOOMBERG) – The divide between Asia’s two main financial hubs in handling the pandemic is growing ever wider, with one opening up to global travel and the other […]