Employment in the U.S. increased by more than expected in the month of October, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment jumped by 261,000 jobs in October after surging by an upwardly revised 315,000 jobs in September. more...
It's November and the Black Friday shopping season is just a matter of weeks away. If you're in the market for a major tech purchase, Black Friday is the best time of year to be scouting out discounts with some of the lowest prices we'll see all year cropping up right about now. ...
The total value of retail sales in Australia was up a seasonally adjusted 0.6 percent on month in September, the Australian Bureau of Statistics said on Friday - coming in at A$35.096 billion. more...
The Bank of England delivered the biggest interest rate hike in 33 years on Thursday, joining its global peers in aggressive tightening to bring inflation down from double-digits, even as the U.K. economy is forecast to remain in a prolonged recession. The nine-member Monetary Policy Committee decided to raise the bank rate by 75 basis points to 3.00 percent from 2.25 percent. more...
Federal Open Market Committee members decided upon yet another sizable rate hike today, announcing a 75 basis point increase. Many cryptocurrencies and stocks fell following this move as markets reacted to the news. more...