GENEVA: Prices of essential food items in Austria have surged by up to 90% since 2021, according to a report released Thursday by the Arbeitskammer, the legal body representing employees in the country.
Data from the Arbeitskammer price monitor revea…
ISTANBUL : The Federal Reserve’s jumbo rate cut of 50 basis points reflects worries about the US labor market, according to a report by research organization The Conference Board.
“This probably reflected mounting concerns about downside risks to the…
ISTANBUL: Major US stock exchanges soared at the opening Thursday after the Federal Reserve delivered its largest interest rate cut in 16 years.
The Dow Jones industrial average rose 362 points, or 0.87%, to 41,864 at 9.51 a.m. EDT (1351GMT). The San…