Despite downward revision of 306,000 jobs, the US labor market is still hot
US job growth during much of the past year was weaker than previously projected by about 300,000 jobs, according to new federal data released Wednesday.
2023-08-23 23:50
Dollar slips as data shows US economy near stalling point
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after data
2023-08-23 23:19
QIA to take stake in Ambani retail firm at $100 billion valuation
BENGALURU (Reuters) -Qatar Investment Authority will invest $1 billion for a 1% stake in India's Reliance Retail Ventures, the retail
2023-08-23 22:54
Explainer-What is a BRICS currency, and could one be adopted?
By Rachel Savage JOHANNESBURG Brazil's President called on Wednesday for the BRICS nations to create a common currency
2023-08-23 22:53
Gloomy U.S. retail outlook dulls hopes of strong holiday season spending
By Ananya Mariam Rajesh and Aishwarya Venugopal Latest results and forecasts from retailers ranging from Macy's to Foot
2023-08-23 22:50
US new home sales jump in July, prices fall on annual basis
By Safiyah Riddle Sales of new U.S. single-family homes rose in July, as an acute shortage of existing
2023-08-23 22:24
Canada June retail rise a notch on autos but trend is weak
By Steve Scherer and Dale Smith OTTAWA Canadian June retail sales grew by 0.1% from the previous month
2023-08-23 22:22
Two tankers collided in Egypt's Suez Canal, briefly disrupting traffic in the vital waterway
Egyptian authorities say two tankers have collided in the Suez Canal, briefly disrupting traffic through the global waterway
2023-08-23 22:18
Peloton 4Q sales top Street, but posts bigger-than-expected loss partly on recall costs
Peloton managed to beat sales expectations during its fiscal fourth quarter, but the exercise equipment maker reported a bigger loss than anticipated partly due to recall costs and a shift in consumer spending
2023-08-23 21:51
Peloton stock plunges after 20,000 members canceled subscriptions while waiting for recall
A Peloton recall involving the adjustable seat on more than two million bikes is becoming a bigger headache than expected.
2023-08-23 21:18
I was surprised when some of my student loans were canceled. Yours might be, too
The Supreme Court struck down the Biden administration’s plan to forgive up to $20,000 of student loan debt per borrower, yet loan forgiveness is still possible for those pursuing Public Service Loan Forgiveness or income-driven repayment forgiveness
2023-08-23 20:58
Investors expect ECB rate-hike pause in September after dismal PMIs
By Yoruk Bahceli (Reuters) -Traders on Wednesday firmed up bets that the European Central Bank would pause hiking interest rates
2023-08-23 20:54