Struggling US Sectors Trim Work Hours Rather Than Slash Payrolls
US employers in struggling sectors such as manufacturing are reducing hours rather than resorting to aggressive job cuts,
2023-08-05 00:51
Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth
Former Treasury Secretary Lawrence Summers said that while the path to a soft landing for the US economy
2023-08-04 23:15
Argentina’s Bullrich Would Remove FX Controls With IMF Help
Argentina’s presidential hopeful Patricia Bullrich would seek greater support from the International Monetary Fund to untangle currency controls
2023-08-04 22:56
SocGen Explores Strategic Options for Asset Custodian Unit
Societe Generale SA is exploring strategic options for its asset custodian unit, including a sale, as part a
2023-08-04 22:26
Niger Military Junta Ends Defense Cooperation With France
Niger’s military junta has ended several defense cooperation agreements with France, adding to uncertainty about Paris’s continued military
2023-08-04 21:54
Global food prices bounce following collapse of Black Sea grain deal
Global food prices ticked up last month after Russia pulled out of a deal to allow the safe passage of ships carrying grain from Ukrainian ports.
2023-08-04 21:26
US Wage Growth, Lower Unemployment Underpin Solid Jobs Market
US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with
2023-08-04 21:18
Canada’s Economy Sheds Jobs But Wage Growth Stays High
Canada’s economy unexpectedly shed jobs last month, signaling a softening labor market at the beginning of the second
2023-08-04 21:18
Global money market funds see largest inflows since March amid US downgrade, economic woes
Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets
2023-08-04 20:21
Ethiopia’s Eurobond Under Pressure as Coupon Looms
Ethiopia’s dollar bonds are under pressure amid concerns over the nation’s debt profile, with a long-awaited loan from
2023-08-04 19:24
Debt-Burdened World Leaders Love to Hate Ratings Companies
No amount of power and prosperity can stop the irritation of getting judged for your borrowing habits, as
2023-08-04 19:20
Optimistic investors still buying stocks - BofA
LONDON Investors continued to buy stock and bond funds in the week to Wednesday, Bank of America global
2023-08-04 18:24