India plans to launch government-backed digital money with a digital version of its currency, the rupee.
Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy.
The latest numbers show inflation rising to a nearly 40-year high, gouging a hole in American pocketbooks as the cost of living keeps going higher and higher. Consumer inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7%.
A whopping 4.5 million Americans resigned from their jobs in November. The Labor Department's newly-released November numbers show the ongoing record quitting spree may keep what's called "The Great Resignation" trending well into 2022.
U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season underway.
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39 years.
A lackluster jobs report shows another unimpressive increase amid the ongoing COVID-19 pandemic.
The COVID-19 pandemic has not only hit the American population hard, but it is also still hurting our economy as well.
On this year's Black Friday, things almost seem normal.
Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic.