U.S. Private Sector Employment Jumps By 239,000 Jobs In October, More Than Expected

Private sector employment in the U.S. increased by more than expected in the month of October, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment jumped by 239,000 jobs in October after climbing by a downwardly revised 192,000 jobs in September. Economists had expected private sector employment to advance by 195,000 jobs compared […]

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Eurozone Inflation Hits Record Amid Slowing GDP Growth

Euro area inflation advanced to a historic high in October, while growth slowed, posing a tough time for the European Central Bank that is trying to balance the risk of recession and the persistently high inflationary pressures. Inflation accelerated to a record 10.7 percent in October from 9.9 percent in the previous month, flash data from Eurostat showed Monday. The […]

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Inflation hits new record in Europe, slowing economy

video FOX Business Flash top headlines for October 31 Check out what’s clicking on FoxBusiness.com Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia's war in Ukraine. Economic growth also slowed ahead of what economists fear is a looming recession, largely as a […]

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Eurozone Bank Lending To Businesses Rise Most Since 2009

Eurozone bank lending to businesses increased in September at the fastest pace since early 2009, data published by the European Central Bank showed on Wednesday. Loans to businesses grew at a pace of 8.9 percent annually, slightly faster than August’s 8.8 percent rise. This was the biggest increase since January 2009, when lending grew 9.2 percent. Meanwhile, growth in loans […]

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How this budget will affect your hip pocket

There was not much in the way of cash-splashing in this budget, but the Treasurer did unveil a $7.5 billion “5-point plan” for “responsible” cost of living relief. So, what’s in it and who will it help? In this week’s episode of the It All Adds Up podcast, Jess and Dom delve into the finer details of the plan, which […]

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US home prices slowed in August at the fastest pace on record

video Housing market is in ‘trouble,’ analyst warns Macro Trends Advisors founding partner Mitch Roschelle argues the housing market is slowing down ‘dramatically.’ Home price increases in August slowed at the fastest pace on record as rapidly rising mortgage rates drained demand from the housing market. Prices climbed 13.0% nationally in August from the previous year, down from 15.6% in […]

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