The job market held up in May. But the Fed may have already decided to pause
The US labor market picked up momentum in May, once again defying expectations of a slowdown. But Federal Reserve officials are still likely to suspend rate hikes in their upcoming policy meeting because of broader trends pointing to a weakened economy later in the year.
2023-06-03 04:29
Advance Auto Parts Shares Are Set for Their Worst Week Ever
Advance Auto Parts Inc. had its worst weekly performance ever after a weak earnings report and an accounting
2023-06-03 04:24
Europeans Face Pricier Car Loans as VW, BMW Pay Up for Debt
Europe’s car-financing businesses are trading in their cheap bonds for more expensive debt — which means higher car
2023-06-03 02:55
Tesla Price War Padded By $1.8 Billion Windfall from Biden’s IRA
Elon Musk is getting more firepower for his electric-vehicle price war thanks to President Joe Biden’s signature climate
2023-06-02 20:19
London Black Cab Owner Geely Explores Raising Fresh Funds
Zhejiang Geely Holding Group Co. is considering raising funds for the maker of London’s iconic black cabs, people
2023-06-02 18:56
Australia's largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY Australia's largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers
2023-06-02 13:45
All Eyes on US, China as Shangri-La Defense Forum Starts
Defense officials from around the world arrived in Singapore Friday, with US-China tensions over Taiwan, chip curbs and
2023-06-02 12:59
This Week in China: Biggest Reopening Fans Are Now Underweight
No valuation case seems compelling enough to keep global investors from giving up on Chinese assets. The evidence
2023-06-02 12:54
PwC Contracts Frozen by $191 Billion Australian Pension Fund
Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of
2023-06-02 09:51
Australia Raises National Minimum Wage 5.75%, Currency Declines
Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to
2023-06-02 09:26
Australia raises minimum wage by 5.75% as living costs surge
SYDNEY Australia's independent wage-setting body said on Friday it would raise the minimum wage by 5.75% from July
2023-06-02 08:54
RBA to hold rates at 3.85% in June, but may raise again soon - Reuters poll
By Devayani Sathyan BENGALURU Australia's central bank will keep key interest rate unchanged at 3.85% on Tuesday despite
2023-06-02 08:24