Tag: Economy
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia cut its growth forecasts and raised its budget deficit estimates for the fiscal years...
Powell indicates further rate cuts, but insists the Fed is ‘not...
US Federal Reserve chairman Jerome Powell holds a press conference in Washington, DC, on September 18, 2024.Mandel Ngan | AFP | Getty ImagesFederal...
Key Fed inflation gauge at 2.2% in August, lower than expected
Inflation moved closer to the Federal Reserve's target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.The...
Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share...
DALLAS — Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized $2.5 billion in share buybacks and detailed a...
Swiss central bank cuts rates by a quarter point in third...
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse |...
Boeing sweetens labor proposal in ‘best and final’ offer as strike...
Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing...
Southwest Airlines tells staff ‘difficult decisions’ ahead in push to boost...
A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California. Mario Tama | Getty ImagesSouthwest Airlines has...
Britain’s finance minister calls for spending discipline but no return to...
Britain's Chancellor of the Exchequer Rachel Reeves speaks on the second day of the annual Labour Party conference in Liverpool, north-west England, on...
Boeing machinists on picket lines prepare for lengthy strike: ‘I can...
Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in...
Fed Governor Waller backs interest rate cut at September meeting, open...
Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in less than two...
