Browsing: Economy

The numbers: The number of Americans who applied for unemployment benefits last week rose to 248,000, putting them close to a two-year high. Most of the…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Wednesday it was the right move for…

A Republican Senate duo is trying to block President Joe Biden’s ambassador nominations, but new research suggests the concern with Biden’s ambassador appointments could run deeper…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. U.S. Treasury Secretary Janet Yellen touches…

The numbers: An ISM barometer of business conditions at service sector companies such as restaurants and hotels rose to 53.9% in June  from 50.3% in the…

By Lewis Jackson SYDNEY (Reuters) -PwC Australia provided Google (NASDAQ:) confidential information about the start date of a new tax law leaked from Australian government tax…

The numbers: Job openings fell below the 10 million mark again in May in a sign of slight cooling in the U.S. labor market, but the report…

U.S. job openings dipped in May but remained well above the typical pre-pandemic level, indicating the labor market remains surprisingly tight even in the face of…

By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failing to manage liquidity properly, posing risks to market stability and investors’ ability to…

The numbers: The U.S. private sector added 497,000 jobs in June, according to the payroll-services firm ADP, compared with a revised 267,000 in May. The increase…