WASHINGTON, May 5 Reuters U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that rising wage pressures will continue contributing to keeping inflation elevated for a while. Nonfarm productivity, which measures hourly output per worker, plunged at a 7.5 annualized rate last […]

SANTIAGO, May 6 Reuters Chile39;s consumer prices rose 1.4 in April boosted by rising costs in food and nonalcoholic beverages, the government39;s statistics agency said on Friday. The figure, which was also driven by rising leisure and education prices, was higher than the 1.0 rise expected in a Reuters poll of economists, but came in […]

Reuters With more U.S. travelers expected to take to the skies and the roads this summer as COVID restrictions ease, unbridled demand will strain capacity in the leisure and travel industry and push prices even higher. Airlines, hotels, rental car companies and booking sites all reported a surge in demand for their services in the […]