BOE’s Greene Warns Labor Hoarding Could Delay Interest-Rate Cuts
Bank of England policymaker Megan Greene warned that interest-rate cuts may be delayed if British firms excessively hold onto workers after facing post-pandemic staff shortages.
Bank of England policymaker Megan Greene warned that interest-rate cuts may be delayed if British firms excessively hold onto workers after facing post-pandemic staff shortages.
Israel’s economy rebounded at a pace seen only after the coronavirus pandemic, as investment and consumption powered an upswing that partly offset the shock of more than seven months of war.
Initial applications for US unemployment benefits fell last week, after seasonal factors caused a significant increase in New York claims in the prior week.
JD.com Inc. reported a better-than-anticipated 7% rise in revenue, after it slashed prices and ramped up shopper perks to counter fierce competition during a Chinese downturn.
Baidu Inc.’s revenue grew at its slowest pace in more than a year, reflecting the challenges of monetizing its lead in AI during a Chinese economic downturn.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}