Healed from the pandemic, U.S. job market may face fresh wounds from the Fed
By Howard Schneider WASHINGTON U.S. Federal Reserve officials, who hoped to return the job market to its 2019,
2023-06-12 18:23
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
2023-06-12 17:29
German economy could grow by up to 1.9% in 2024 - econ min
BERLIN The German economy could grow between 1.6% to 1.9% next year, Economy Minister Robert Habeck said on
2023-06-12 16:27
Credit Suisse's Exit From Stock Benchmark Shows Fading Heft of Swiss Financials
Credit Suisse Group AG’s imminent exit from the Swiss Market Index is symbolic of the decreasing importance of
2023-06-12 16:19
Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US
2023-06-12 15:16
Novo Nordisk invests $2.3 billion in Danish production facility
COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in
2023-06-12 14:17
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs
2023-06-12 13:59
Novartis Agrees to Buy Chinook for Up to $3.5 Billion
Novartis AG agreed to buy Chinook Therapeutics Inc. for as much as $3.5 billion to add two promising
2023-06-12 13:50
Hedge Fund Bond Bears Are Relentlessly Shorting Treasuries
Hedge funds extended their record selling streak of short-dated Treasuries amid bets the Federal Reserve’s fight with inflation
2023-06-12 12:28
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:58
Several Chinese lenders cut yuan deposit rates from Monday
BEIJING Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their
2023-06-12 10:54
AMLO’s Party to Announce Mexican Presidential Candidate Sept. 6
Mexican President Andres Manuel Lopez Obrador’s ruling Morena party will announce its candidate for the 2024 Mexican presidential
2023-06-12 09:46