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U.S. employers likely added 115,000 jobs last month as labor market continues to cool
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
College graduates face toughest job market in more than a decade as hiring slows
WASHINGTON (AP) — While completing a master’s degree in data analysis, Palwasha Zahid moved from Dallas to a town near . The location made it easy to visit the campuses of tech stalwarts such as Google, Apple, and .
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Asian shares are mostly higher after US stocks rise to the brink of a record
MANILA, Philippines (AP) — Asian were mostly higher on Friday after U.S. stocks ran up to the edge of another record. U.S. futures and oil prices also logged slight gains.
Americans' take on the economy sours in June and, after a brief respite, continues to slide
WASHINGTON (AP) — Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.
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Middle East conflict threatens to exacerbate inflationary pressure on some things
Israel's has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.
Syria's post-war economic recovery will require 'substantial' international support, IMF says
DAMASCUS, Syria (AP) — Syria will need “substantial international" support for its efforts to rehabilitate the economy, meet urgent humanitarian needs, and rebuild essential institutions and infrastructure, the International Monetary Fund said Tuesday.
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U.S. hiring likely slowed to 130,000 new jobs last month amid uncertainty over Trump's policies
WASHINGTON (AP) — The American job market likely continued to slow last month, hobbled by worries over President Donald Trump’s trade wars, deportations and purges of the federal workforce.
Europe's central bank expected to lower interest rates as Trump's trade war threatens growth
FRANKFURT, Germany (AP) — Lower inflation and concern that will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday's policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity.
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The euro is about to get a new member, Bulgaria. What's the eurozone and how do countries join?
FRANKFURT, Germany (AP) — European Union officials gave the green light Wednesday for of the euro currency union,, a key EU project aimed at deepening the ties between member countries.
Spanish government says housing market is not a 'free for all' after recent crackdown on Airbnb
MADRID (AP) — Spain's government wanted to send a message last month with its : that the Spanish economy and its housing market are not a “free for all" that value profits over the rule of law, a minister told The Associated Press on Tuesday.
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South Korea's central bank cuts borrowing costs to nurse the sluggish economy
SEOUL, South Korea (AP) — South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S. President Donald Trump’s tariff hikes and weak domestic demand worsened by recent political turmoil.
European companies cut costs, scale back investments in China as its economy slows
BEIJING (AP) — European companies are cutting costs and scaling back investment plans in China as its and fierce competition , according to an annual survey released Wednesday.
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Tariffs, inflation and leery customers are hitting retailers in different ways
Retailers are trying to navigate their way through economic uncertainty in 2025. , inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending.
Asian shares advance after China cuts interest rates to boost economy
Asian shares rallied Tuesday after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war.
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Moody's strips U.S. government of top credit rating, citing Washington's failure to rein in debt
WASHINGTON (AP) — Moody's Ratings stripped the U.S. government of its top credit rating Friday, citing successive governments' failure to stop a rising tide of debt.
Asian shares are mixed after Wall Street's rally steadied
HONG KONG (AP) — Shares were mixed Friday in Asia after Wall Street drifted higher as reports suggested the Federal Reserve may have more leeway to cut interest rates later this year to support the U.S. economy if it weakens under the weight of President Donald Trump's .
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Funds from migrants sent back home help fuel some towns' economies. A GOP plan targets that
WASHINGTON (AP) — Israel Vail’s entire life in the small western Guatemalan town of Cajolá is built off the money that his three children send home from the United States.
Asian shares gain after Wall Street's rally, but hopes are tempered by trade war uncertainties
Asian shares advanced Tuesday after China and the United States announced a in their , but the gains were tempered by uncertainties over the longer term, as analysts warned President Donald Trump’s policies could still quickly change.
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Asian stocks are mixed after hopes for China-US talks, trade deal with the UK lift Wall Street
HONG KONG (AP) — Shares were mixed in Asia on Friday as investors pinned their hopes on between China and the U.S.
The Bank of England is expected to cut interest rates in the face of US tariffs threat
LONDON (AP) — The is widely expected to look past near-term and opt to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration.
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Federal Reserve to face tough balancing act between fighting inflation and lifting growth
WASHINGTON (AP) — The Federal Reserve could keep its key rate unchanged for several more months as it seeks to evaluate the impact of President Donald Trump's on and , some economists say, even as the White House for a rate cut.
Chancellor candidate Merz's stumble casts shadow over hopes for rebooting struggling German economy
FRANKFURT, Germany (AP) — Friedrich Merz's unprecedented of voting in parliament raises doubts about the new government's ability to push Europe's largest economy out of stagnation.
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Trump says it's Biden's economy, but businesses and economists beg to differ
WASHINGTON (AP) — When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did.
Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says
DUBAI, United Arab Emirates (AP) — Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid, the International Monetary Fund said Wednesday.
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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business
The U.S. economy shrank at a 0.3% annual pace from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump .
China's export orders dip in April as Trump's tariffs begin to bite
Higher tariffs on U.S. imports of products from China appear to be taking a toll on the world's second-largest economy, according to monthly surveys of Chinese factory managers released Wednesday.
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