2+ hour, 30+ min ago  (140+ words) The increases were driven by surging spending during the Lunar New Year holiday. China inflation rate highest in three years China reported its highest inflation rate in three years, a welcome sign for a country grappling with deflation and moribund…...

15+ hour, 23+ min ago  (123+ words) The latest US labor market report, which showed the country lost 92,000 jobs in February, pushed stocks down and pointed to broader economic weakness. Economists had expected an increase in payrolls after a strong January suggested the job market may be…...

1+ week, 5+ day ago  (193+ words) Senegal, IMF fail to strike lending deal as debt mounts'Semafor Senegal, IMF fail to strike lending deal as debt mounts Senegal and the International Monetary Fund failed to agree on a lending deal after the latest round of talks in…...

1+ week, 5+ day ago  (194+ words) Nigeria's cautious interest rate cut surprises economists'Semafor Nigeria's cautious interest rate cut surprises economists Nigeria's central bank cut its interest rate by far less than most economists expected in a move to quell inflation ahead of elections next year. Slowing…...

1+ week, 5+ day ago  (140+ words) US defense spending dips while Europe's grows'Semafor US defense spending dips while Europe's grows The US is slowing defense spending even as Europe accelerates its military outlays. Washington remains the world's largest military spender, at 36% of global spending last year,…...

1+ week, 5+ day ago  (142+ words) Luxury brands cut sales forecasts as Chinese spending dips'Semafor Luxury brands cut sales forecasts as Chinese spending dips Western luxury brands cut their global sales forecasts for the year, driven largely by cooling Chinese demand. Though the Chinese market has…...

1+ week, 5+ day ago  (1705+ words) US consumer confidence rebounded more than expected in February, new data showed Tuesday, though worsening sentiment around job prospects could signal turmoil ahead. While Americans" short-term expectations for incomes and businesses improved, the share of consumers that view jobs as…...

2+ week, 5+ day ago  (1714+ words) South Africa's unemployment rate fell to its lowest level in more than five years, the latest sign that the continent's biggest economy is finally gathering momentum. But more than 30% of South Africans remain jobless despite broad-ranging government efforts in a…...

2+ week, 5+ day ago  (1714+ words) Russia is ramping up a campaign to extend its influence across Africa. Last week, Moscow's foreign minister said that around 100 employees had been redeployed from Europe to diplomatic missions in Africa, where Russia is planning to reopen a dozen or…...

3+ week, 20+ hour ago  (11+ words) Trump claims victories on the economy after solid jobs, inflation reports'Semafor...