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US Economic Data - UK to be slowest-growing G7 economy next year, warns OECD – business live
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
Chinese companies receive far more state support - making it harder for Western businesses to compete, data suggests
Analysis from the OECD club of nations is to date the most comprehensive attempt to quantify the types of state aid and compare different regions to each other.
The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says
While Fed Chair Jerome Powell said interest rate hikes are "unlikely," he needs more confidence in inflation data before cutting rates this year.
US Federal Reserve holds interest rates steady as inflation ticks up
Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2% ...
US Companies Add 192,000 Jobs as Wage Growth Cools in ADP Data
US companies hired at a strong pace in April, pointing to a robust demand for workers across multiple industries.