Energy and food drive US inflation to highest for 40 years
By Natalie Sherman Business reporter, New York Prices in the US rose faster than expected last month, as rising energy…
Oil bosses vow to boost output and deny profiteering
The bosses of some of the world’s biggest energy firms vowed to increase production this year as they defended themselves…
US jobs growth stronger than expected as economy shrugs off Omicron
The US saw strong hiring last month, despite the disruption caused by the Omicron variant of coronavirus. Employers added 467,000…
Federal Reserve to withdraw stimulus more quickly
The Federal Reserve will cut back its stimulus programme more quickly than planned, as it ratchets up its response to…
US inflation hits highest level for 40 years
Prices for American consumers are rising at their fastest annual rate since June 1982. The consumer price index (CPI) rose…
US jobs growth disappoints as recovery falters
The US economy added fewer jobs than expected in August as employment rose by 235,000. The figure was well down…