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The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'
INSIDER via Yahoo News· 12 hours agoSberbank CEO Herman Gref and Russian President Vladimir Putin.Mikhail Svetlov/Getty Images Russia's ...
Will the May jobs report show more of a slowdown in wage growth? - Marketplace
Marketplace· 2 hours agoWage growth has cooled since then, and in April average hourly earnings were up just under 4%....
Costco's Japan wages provide pathway to firing up nation's low pay, economy
StreetInsider· 14 hours agoWhen Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: ...
Investors don't want a stronger economy — they want rate cuts: Morning Brief
Yahoo Finance· 7 hours agoBut what makes this cycle so unusual is that instead of easing rates to stem a rapidly weakening ...
Russia's economy is growing, but can it last?
BBC via Yahoo Finance· 13 hours agoIt also triggered a wave of sanctions designed to weaken the Kremlin’s ability to wage war against its neighbour. Russia’s assets abroad were frozen, its...
Soaring wages, record-low unemployment underscore Russia's labor squeeze
Arizona Daily Sun· 1 day agoMoscow's heavy spending on defense and security as it wages war in Ukraine has helped Russia's ...
Eurozone cuts interest rate for first time in 5 years
BBC via Yahoo Finance· 3 hours ago"Growth is encouragingly recovering from the recession that the euro area went through towards the...
CEO pay soars to new heights leaving worker wages behind
The Christian Science Monitor· 56 minutes agoThe median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The...
Jobs report to highlight shift from hot inflation to cooling labor market
TheStreet via Yahoo Finance· 1 hour agoAnalysts expect the Labor Department's nonfarm-payrolls report, due on Friday, June 7...forecast to...
Russian economy can sustain war "indefinitely" under two conditions—report
Newsweek· 6 hours agoRussia has faced economic turbulence during the war, buffeted by sanctions and isolation from the...