Browsing: Economy

Few Wall Street strategists were looking for a robust rally to kick off 2023 after 2022 went into the books as an exceptionally brutal year. And…

By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership requirements,…

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…