Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 233,000
Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 233,000
An increasing number of analysts are now pencilling in a half-a-percentage-point rate cut next month
Data could help to quash fears of a recession
Concerns increasing that the United States may be heading into a recession
Price inflation accelerates further in July, PMI report notes
Data on Friday showed the unemployment rate rose to 4.3%, an unexpected deterioration
Inflation wave has now largely subsided and interest rates will be falling from here
With the US Federal signalling a lowering of rates, UAE consumers can access cheaper credit
Gross credit grew 0.7% to Dh2.077 trillion at the end of May 2024
M&A deals worth $9.8b inked in H1