Sunday, September 8, 2024

Tag: Breaking News: Economy

Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni

The European Union has successfully avoided the "terrible prophecies" that threatened its economy in recent years, but must...

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

A pilot performs a walkaround before a United Airlines flightLeslie Josephs/CNBCU.S. passenger airlines have added nearly 194,000 jobs...

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also...

Friday’s jobs report for August is going to be huge. Here’s what to expect

Andreypopov | Istock | Getty ImagesWall Street is gearing up for one of the most important economic releases...

JPMorgan top economist says the Fed should cut rates by a half point this month

Michael Feroli, chief U.S. economist of JPMorgan Securities, listens during a Bloomberg Television interview in New York on...

Saudi Arabia’s fiscal breakeven oil price is rising fast. What will the kingdom do about it?

An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in...

United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport.Justin Sullivan | Getty ImagesUnited...

‘We need someone to fix Boeing.’ Here’s who could replace Calhoun as the troubled plane maker’s CEO

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton,...

American orders 260 new planes, including Boeing Max 10s, and plans bigger first class

American Airlines flight 718, a Boeing 737 Max, takes of from Miami International Airport on its way to...

UPS announces 12,000 job cuts, says package volume slipped last quarter

A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July...

American Express CEO says spending is strong, delinquencies are down from 2019

Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in...

Birkenstock shares slump as shoe company warns on profit outlook during first earnings since IPO

A Birkenstock banner hangs outside the New York Stock Exchange in New York on Oct. 11, 2023, as...