ISTANBUL: Unemployment in Trkiye dropped to 8.4% in May, its lowest rate since November 2012 – nearly 12 years ago – official figures from the Turkish Statistical Institute said Wednesday.
The rate was at 8.5% in April and 9.5% in May 2023, according…
ISTANBUL: The outcome of the US elections in November could mark a significant turning point for federal policy and have implications for credit ratings, Fitch Ratings said in a report.
If President Joe Biden returns to the White House with a split C…
ISTANBUL: US Federal Chair Jerome Powell said Tuesday that the American economy has made considerable progress toward the Fed’s 2% inflation goal in the last two years.
He said labor market conditions have cooled, while remaining strong, and the risk…