economy: Page 3

Business News

Unemployment Claims Fall to Lowest Level Since Beginning of COVID-19 Pandemic Last Year

The claims decreased to 293,000 last week, as compared with 329,000 a week earlier, the agency said. The four-week moving average for unemployment claims fell to 334,250-the lowest since March 2020.

Business News

What To Expect From The September NFP Report

There has been a debate raging in both political and business circles that is about to be answered. The question? How are Federal unemployment subsidies enacted in the wake of...

Business News

Consumer Price Hikes Soften in August, Annual Inflation Stays Stubbornly High

The consumer price index (CPI) rose 0.3 percent in August from July, the Labor Department said in a Sept. 14 report, with consensus forecasts predicting a slightly higher 0.4 percent rate of monthly inflation.

Business News

Weekly Jobless Claims Fall to Fresh Pandemic-Era Low

First-time filings for unemployment insurance, a proxy for layoffs, came in at 340,000 for the week ending Sept. 2. This is the lowest weekly claims figure since March 14, 2020, when 256,000 people filed for unemployment.

Business News

5 Myths About Inflation: The Truth Behind Rising Rates

It can be helpful to look at what we know-and don't know-about inflation. Following are common misconceptions surrounding periods of high inflation, along with the truth behind these myths.

Business News

Retail Sales Fall In July, Driven by Sharp Drop In Auto Buying

Excluding automobiles, gasoline, building materials, and food services, retail sales fell 1.0 percent in July after an upwardly revised 1.4 percent increase in June.

Business News

Dollar Hits 4-Month High Against Euro as Jobs Data Triggers Fed Tapering Bets

The dollar climbed against major currency pairs on Monday, briefly hitting a four-month high versus the euro.

Business News

American Employers Added 943,000 Jobs in July

The Labor Department's jobs report, released Friday, shows that nonfarm payroll employment rose by 943,000 in July, topping the 850,000 jobs U.S. employers added in June.

Business News

Gas Prices Surge to Fresh 7-Year High

The American Automobile Association said it expects gas prices to remain elevated at least through the beginning of August.

Business News

Key Inflation Gauge Posts Fastest Annual Price Gain In 30 Years

Some economists have expressed concerns that if prices accelerate too fast and stay high for too long, expectations of further price increases will take hold, driving up demand for wages and potentially triggering the kind of wage-price spiral that plagued the economy in the 1970s.

Business News

4 Reasons To Get Bullish On Oil And Energy Stocks

Four reasons why you should get bullish on oil.

Growth Strategies

Lessons Learnt About Business During COVID

This has been a testing period for small businesses as they had to revamp their entire business model to survive

News and Trends

Surviving the 'New Normal': Indian SMEs And Their Quest To Find the Light Within the Tunnel

Businesses have gradually understood that they need to be agile and flexible for survival, in addition to looking for and leveraging opportunities thrown up by adverse conditions

News and Trends

Can India's Startup and Tech Economy Survive the Effects of COVID-19?

Until COVID-19 came along, India's startup and tech economy and its potential was proving to be promising.

Growth Strategies

"We Should Contribute To the Green Economy": Additional Secretary, MSME, Ram Mohan Mishra

Ministry of MSME has started an initiative 'Udayam Sakhi Portal' which would encourage women entrepreneurs to get their business ideas promoted.