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Rise in benefits lifts US labor costs in first quarter

Rise in benefits lifts US labor costs in first quarter

WASHINGTON, April 30 (Reuters) - Growth in U.S. labor costs increased slightly more than expected in the first quarter amid a jump in benefits, but wage growth was moderate against the backdrop of a softening labor market.
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Bank of England set to join Fed in keeping rates on hold as it weighs impact of Iran war

Bank of England set to join Fed in keeping rates on hold as it weighs impact of Iran war

The Bank of England is expected to announce it's keeping interest rates on hold as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes in peacetime
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Big central banks say rate hikes are getting closer

Big central banks say rate hikes are getting closer

By Stefano Rebaudo and Alun John MILAN/LONDON, April 30 (Reuters) - Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy prices, caused by the U.S.-Israeli war with Iran, spilling over into a surge in broader inflation.
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Federal Reserve's Rate Decision Impacts Consumer Borrowing and Savings Amid Inflation Concerns

Federal Reserve's Rate Decision Impacts Consumer Borrowing and Savings Amid Inflation Concerns

Federal Reserve's Rate Decision Impacts Consumer Borrowing and Savings Amid Inflation Concerns
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Federal Reserve Maintains Interest Rates Amid Rising Inflation Concerns

Federal Reserve Maintains Interest Rates Amid Rising Inflation Concerns

Federal Reserve Maintains Interest Rates Amid Rising Inflation Concerns
Reuters Reuters
US growth picks up in the first quarter

US growth picks up in the first quarter

By Lucia Mutikani WASHINGTON, April 30 (Reuters) - U.S. economic growth picked up in the first quarter on a rebound in government spending after a crippling government shutdown, but the increase is likely temporary as the war with Iran drives up gasoline prices and squeezes household budgets.
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Federal Reserve Faces Challenges in Cutting Interest Rates Amid Inflation and Global Tensions

Federal Reserve Faces Challenges in Cutting Interest Rates Amid Inflation and Global Tensions

Federal Reserve Faces Challenges in Cutting Interest Rates Amid Inflation and Global Tensions
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Weekly US jobless claims fall to 189,000, lowest in more than 5 decades

Weekly US jobless claims fall to 189,000, lowest in more than 5 decades

The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran
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U.S. jobless aid filings fall to 189,000 despite economic headwinds and war in Iran

U.S. jobless aid filings fall to 189,000 despite economic headwinds and war in Iran

The number of Americans filing for unemployment benefits tumbled below 200,000 last week despite a number of economic headwinds including the war in Iran
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Gold Prices Steady as Central Banks Prepare for Key Meetings Amid Inflation Concerns

Gold Prices Steady as Central Banks Prepare for Key Meetings Amid Inflation Concerns

Gold Prices Steady as Central Banks Prepare for Key Meetings Amid Inflation Concerns
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Federal Reserve Expected to Hold Interest Rates Steady Amid Inflation Concerns

Federal Reserve Expected to Hold Interest Rates Steady Amid Inflation Concerns

Federal Reserve Expected to Hold Interest Rates Steady Amid Inflation Concerns
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Analysts Predict Gold Rally to Resume Amid Middle East Tensions

Analysts Predict Gold Rally to Resume Amid Middle East Tensions

Analysts Predict Gold Rally to Resume Amid Middle East Tensions