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Local economists express concerns about expansion of dynamic pricing to essential goods
10+ min ago (221+ words) Pennsylvania lawmakers are discussing a proposal to ban digital price gouging, focusing on digital price tags and online shopping services. Earlier today, News 8 spoke with two local economists, including one on sabbatical overseas, who both agree that while dynamic pricing…...
Rising oil prices and bad jobs report mark tough day for Wall Street
25+ min ago (90+ words) Oil and gas prices are going up, and stock values are coming down as the war with Iran reaches nearly one week. Meanwhile, the U.S. job market lost 92,000 jobs in February, marking an unexpected setback for the economy. Kelly O'Grady has…...
USD/JPY Weekly Outlook
32+ min ago (337+ words) ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually,…...
How Iran conflict rattling oil markets impacts Arizona drivers, businesses
32+ min ago (500+ words) PHOENIX (AZFamily) " Gas prices in Arizona have jumped 60 cents a gallon over the past month, with Phoenix drivers seeing an average increase of 70 cents, according to AAA. The spike comes as the war in Iran disrupts global oil markets and…...
Africa Finance in Brief: Inflation cools further but risks are rising
34+ min ago (673+ words) The escalation in the Middle East conflict pushed global oil prices to $90 per barrel on Friday, the highest level in almost two years, threatening to slow Africa's emerging disinflation trend and potentially delay interest-rate cuts by several central banks across…...
The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%
35+ min ago (657+ words) WASHINGTON " American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%. Hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs, the Labor Department…...
Rio Grande Valley leaders upbeat about economy despite maquiladora layoffs
43+ min ago (759+ words) McALLEN, Texas (Border Report) " As hundreds of people from both sides of the border gathered for the MXLAN International Economic Summit on Friday in McAllen, news filtered about 600 job losses at an auto parts plant in Brownsville. But officials tell…...
Unemployment hits 4.4%: US loses another 92,000 jobs in February
44+ min ago (637+ words) Hiring deteriorated from January, when companies, nonprofits and government agencies added a healthy 126,000 jobs, the Labor Department reported Friday. Economists had expected 60,000 new jobs in February. The surprisingly weak employment picture in February adds to the economic uncertainty over the…...
South Korea inflation stays at 2% as oil risks rise
49+ min ago (339+ words) March 6 (Asia Today) -- South Korea's consumer prices rose 2.0% in February from a year earlier, extending a six-month run of inflation at or above 2% as officials warned that rising oil prices linked to Middle East tensions could add fresh upward pressure…...
DBRS Confirms Greece’s BBB Credit Rating With Stable Outlook
58+ min ago (370+ words) Please select a featured image for your post The agency said the stable outlook reflected its view that risks to Greece's creditworthiness remained broadly balanced. According to DBRS, economic and fiscal developments remained favourable last year. The Bank of Greece…...