Browsing: Economy
The October employment report showed a “gradual lessening” of the job market that would be welcome by those who want the Federal Reserve to stop raising…
(Reuters) -Lloyds, Britain’s biggest mortgage lender, is exploring the sale of some assets from its pension provider Scottish Widows worth 6 billion pounds ($7.3 billion), Bloomberg…
The numbers: The U.S. added a modest 150,000 new jobs in October in a sign of a cooling demand for labor, as higher interest rates take…
By Karen Brettell (Reuters) – The U.S. Treasury Department on Wednesday said it will slow the pace of increases in its longer-dated debt auctions in the…
South Africa is set to receive a $1 billion Development Policy Loan (DPL) from the World Bank, aimed at reducing the country’s coal reliance and promoting…
“There will come a point where no job is needed – you can have a job if you want to for personal satisfaction, but the AI…
By Jonathan Stempel NEW YORK (Reuters) – The founder and two top executives at SafeMoon, whose namesake crypto token was once valued at more than $8…
The market dynamics on Wednesday were significantly influenced by softer economic data, reduced Treasury borrowing than initially feared, and Federal Reserve Chair Powell’s hesitation to advocate…
Orders for manufactured goods rose 2.8% in September, the Commerce Department said Thursday. That’s the biggest gain since January 2021. Economists surveyed by the Wall Street Journal…
By David Morgan WASHINGTON (Reuters) -Republican Mike Johnson, the untried speaker of the U.S. House of Representatives, vowed on Wednesday to push forward with a $14.3…