A day ahead of the release of the closely watched monthly jobs report, the Labor Department released a report on Thursday showing another modest decrease in first-time claims for U.S. unemployment benefits in the week ended October 30th. The report said initial jobless claims dipped to 269,000, a decrease of […]

A report released by the Commerce Department on Friday showed personal income in the U.S. decreased by much more than expected in the month of September. The Commerce Department said personal income slumped by 1.0 percent in September after inching up by 0.2 percent in August. Economists had expected personal […]

Australia’s Westpac Group (WBC.AX,WBK) reported that its net profit attributable to owners of WBC for fiscal year 2021 was A$5.46 billion, an increase of 138% compared to 2020. The increase in net profit was predominantly due to a credit impairment benefit of A$590 million in 2021 compared to a charge […]

In the full 2020-21 fiscal, excise collections were ₹3.89 lakh crore and in 2019-20, it was ₹2.39 lakh crore, CGA data showed The government’s collection from levy of excise duty on petroleum products has risen 33% in the first six months of the current fiscal when compared with last year […]

Picture Scott Morrison kneeling by his bed, hands together, eyes closed, asking God to send him another miracle. Or maybe just giving Santa a list of all the things he’d like for Christmas. Five things, actually. First, technology not taxes. That is, a sudden, unforced flowering of new technology that […]

Germany’s consumer price inflation accelerated the most since 1993, largely driven by higher energy prices, preliminary data from Destatis showed on Thursday. Consumer price inflation advanced to 4.5 percent in October from 4.1 percent in September. The rate was also above economists’ forecast of 4.4 percent. A similar higher price […]

Not many Americans want to live in the middle of nowhere. Most likely, places that would fall into this category would have few if any utilities; social services like fire, police and emergency services; health care; and high-speed connections to the internet. However, a very few people don’t want to […]

Editor's note: Below you'll find the week 61 release of the NYC Recovery Index, originally published October 20, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index made sizable gains as of Oct. 9, jumping five points to a new record high […]

The Federal Bureau of Investigation describes aggravated assault as an “unlawful attack by one person upon another for the purpose of inflicting severe or aggravated bodily injury.” The FBI Uniform Crime Report shows that there were 810,825 aggravated assaults in 2019. That is up 1.0% from the year before but […]

A report released by the Federal Reserve Bank of New York on Friday showed a notable slowdown in the pace of growth in regional manufacturing activity in the month of October. The New York Fed said its general business conditions index tumbled to 19.8 in October from 34.3 in September, […]