The Fed cares a lot about jobs data — but it may be getting mixed signals
According to private payroll processor ADP, US employers hired 455,000 new workers in June. Meanwhile, in its monthly tally, the Bureau of Labor Statistics said 105,000 new workers were hired. But for August, the two arrived at similar estimates — ADP reported on Wednesday that 177,000 new workers were added last month, and on Friday the BLS reported 187,000 new hires.
2023-09-04 20:54
Iran Slows Uranium Production After Secret Diplomacy
Iran slowed its production of near weapons-grade uranium in recent months, the latest in a series of signals
2023-09-04 20:48
UK Drivers Hit by One of the Biggest Fuel Price Jumps in Decades
UK drivers were hit by one of the sharpest jumps in fuel prices in more than two decades
2023-09-04 20:29
US Official Says Russian Oil Price Cap Is Working Despite Rally
The price cap on Russian oil imposed by the US and its allies continues to work, a senior
2023-09-04 20:18
JPMorgan Sees City of London Office Values Falling 20% This Year
Office buildings in London’s financial district will lose a fifth of their value in the year through March,
2023-09-04 19:57
Paschi Drops With Investors Worried About Government’s Sale Plan
Banca Monte dei Paschi di Siena SpA was the lead decliner on the Italian stock benchmark index amid
2023-09-04 19:17
Veteran Oil Consultant Says $100 Oil Is in Sight as China Takes to the Skies
Oil prices still have upside from here because of booming travel in China and restricted supply from OPEC+,
2023-09-04 19:15
BYD Shows Off Electric Sedan to Challenge Tesla: Munich Update
Europe’s automakers are showing off their latest battery-powered cars at the IAA Mobility car show this week as
2023-09-04 18:45
Continental integrates Google Cloud into vehicle cockpit
MUNICH Continental will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling
2023-09-04 18:17
US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn
US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase & Co. “There is
2023-09-04 17:53
Beijing exchange shares log record daily jump after reform measures
SHANGHAI Shares on China's two-year-old Beijing stock exchange recorded their best daily performance ever on Monday, after the
2023-09-04 17:29
EU’s Green Banking Metric Will Mislead Stakeholders, Lobby Says
The European Union’s planned metric for showing which banks have the greenest balance sheets won’t reflect their efforts
2023-09-04 17:24