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Why Fed worries about the strongest U.S. job market in decades 

Chair Jerome Powell isn't as pleased with the robust U.S. job market as you might think he'd be, and he and the Federal Reserve...

U.S. slightly revises up its GDP estimate for Q4 to 7%

WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday...
THE IMF has projected that the global economy will have its wrots years since the Great Depression. Above, the banking district of Frankfurt, Germany. / AP FILE PHOTO/MICHAEL PROBST

IMF: Global economy will suffer worst year since Depression

WASHINGTON (AP) – Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of...

Flexible work hours could widen income gap

Companies from Goldman Sachs Group Inc. to Monsanto Co. have gotten serious about making work more flexible. Thanks to apps and gadgets, you can...

World economy’s biggest threat: trade tensions

At last month’s meetings of the World Bank and International Monetary Fund, I repeatedly heard the same dismal view: The global economy is in...

IMF sees weakest world growth in three years as Europe slows

WASHINGTON – The International Monetary Fund cut its forecast for the world economy, predicting it will grow at the weakest pace in three years...
THE IMF PROJECTS that the world's GDP growth will accelerate to the fastest pace in seven years. / BLOOMBERG

IMF says global growth picking up as U.S. tax cuts take...

NEW YORK - The International Monetary Fund warned policymakers to be on guard for the next recession even as it predicted global growth will accelerate...
YASKAWA Electric Corp. Motoman robots bound for shipment sit at the company's factory in Kitakyushu, Japan. /BLOOMBERG NEWS PHOTO/ AKIO KON

Technology hits workers’ income share more than trade, IMF says

WASHINGTON - The advance of technology is the biggest reason workers are earning a shrinking slice of the income pie, according to a new study...
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