Thejobsgaphasclosed.TheGreatRecessioncausedlabormarketdevastationonascalenotseenformanydecades.MillionsofjobswerelostintheUnitedStatesduring2008and2009,leavingt
The Reserve Bank of India (RBI), recently cut its key lending rate, helping banks to reduce monthly installments on loans and lend more money to businesses. After the cut the rate is at a six-and-half-year low and stands at 6%.
ByAPDWriterRishikaChauhanNEWDELHI,August4(APD)--TheReserveBankofIndia(RBI),recentlycutitskeylendingrate,helpingbankstoreducemonthlyinstallmentsonloansandlendmor
India'scentralbankWednesdaycutinterestratesforthefirsttimeinalmostayear,respondingtoaslowingeconomyandrecordlowinflation.TheReserveBankofIndiasaidthebenchmarkre
ThereiscurrentlyaninterestingdebateintheUSaboutwhatthetrendrateofgrowthis,andhowitcouldberaised,alongsideabroaderanxietyabouttherelativeperformanceoftheUSeconom
SouthKoreanbankswilltightenloanstandardinthethirdquarteramidthegovernment'seffortstoreducehouseholddebtsandstabilizetherealestatemarket,acentralbanksurveyshowed
MostAsianstockmarketsfellonThursdayafterminutesfromtheFederalReserve'slastmeetingshowedalackofconsensusonthefuturepaceofU.S.interestrateincreases,whileoilprices
The Bank of England decided to keep its interest rate at 0.25 percent following the Fed's decision on Wednesday ahead of the UK's departure from the European Union.
The Federal Reserve on Wednesday raised interest rates for the second time in three months, citing its confidence in a growing US economy and strengthening job market.
TheBankofEnglanddecidedtokeepitsinterestrateat0.25percentfollowingtheFed'sdecisiononWednesdayaheadoftheUK'sdeparturefromtheEuropeanUnion.However,thedecisionwass
China'scentralbankremainedfirmonitsmonetarypolicystance,unmovedbytheUnitedStatesFederalReserveratehike,aftermonthsofprecautionspreparingitsfinancialsystemforthe
TheFederalReserveonWednesdayraisedinterestratesforthesecondtimeinthreemonths,citingitsconfidenceinagrowingUSeconomyandstrengtheningjobmarket.TheUScentralbankhas
After the terror came goodwill and compassion. As communities in Manchester and London struggled to come to terms with the recent terrorist attacks, there has been an upsurge in donations to help those affected.
Aftertheterrorcamegoodwillandcompassion.AscommunitiesinManchesterandLondonstruggledtocometotermswiththerecentterroristattacks,therehasbeenanupsurgeindonationsto
Japan remains optimistic about economic growth despite disappointing GDP figures.Despite the downward revision of first quarter growth, the government is confident that the economy is on the road to steady recovery, citing positive signs in other economic indicators.
JapanremainsoptimisticabouteconomicgrowthdespitedisappointingGDPfigures.Despitethedownwardrevisionoffirstquartergrowth,thegovernmentisconfidentthattheeconomyiso
Germany’s labor market remained strong in May, with the unemployment rate falling again over the previous month to a new post-reunification low, in a likely boost to Chancellor Angela Merkel ahead of September’s election.
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