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
Kazakh Central Banker Replaced by Top Presidential Official
Kazakh President Kassym-Jomart Tokayev dismissed Galymzhan Pirmatov as central bank governor and named Timur Suleimenov to replace the
2023-09-04 20:48
Man Utd takeover talks continue despite valuation concerns
Talks over the sale of Man Utd are understood to continue despite reports suggesting otherwise.
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
Sunak Denies Responsibility for Concrete Crisis in UK Schools
Prime Minister Rishi Sunak said it was “utterly wrong” to blame him for the government’s failure to fix
2023-09-04 19:50
Moutai coffee, anyone? Luckin is adding the fiery liquor to its lattes
Luckin Coffee has joined forces with Kweichow Moutai, the maker of China's fiery national liquor baijiu, for an unusual offering: alcoholic lattes.
2023-09-04 19:49
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
Japan to allocate $140 million more to help fisheries after China's import ban
TOKYO Japanese Prime Minister Fumio Kishida said on Monday the government would allocate an additional 20.7 billion yen
2023-09-04 18:54
Volkswagen is ready for Europe's 2035 fossil-fuel car ban - CEO
MUNICH (Reuters) -Volkswagen is ready for Europe's planned 2035 ban on new sales of fossil-fuel cars as it ramps up
2023-09-04 18:15