CurrenciesDollar weakens after U.S. jobs data suggests slower rate hike pathMarch 10, 202352NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after U.S. labor data for February showed slower wage...
CurrenciesStrong US job growth persists; wage inflation shows signs of slowdownMarch 10, 202358Nonfarm payrolls increase by 311,000 in FebruaryUnemployment rate rises to 3.6% from 3.4%Average hourly earnings gain 0.2%; up 4.6% year-on-yearWASHINGTON,...
BankingSouth African stocks fall as bank jitters hit global marketsMarch 10, 202373JOHANNESBURG, March 10 (Reuters) - Shares on the Johannesburg Stock Exchange fell on Friday as a sell-off in banking stocks...
BankingEurope’s lenders sucked into global banks routMarch 10, 202374Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
BankingUS bank jitters spook Asia stocks; yen slides after BOJMarch 10, 202375SINGAPORE, March 10 (Reuters) - Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for...
FundsBiden’s budget plan would boost childcare funding by billions of dollarsMarch 9, 202367WASHINGTON, March 8 (Reuters) - U.S. President Joe Biden's fiscal 2024 budget plan would boost federal funding for childcare and...
BankingU.S. clean energy ‘carrots’ could put Europe behind in decarbonization race, execs sayMarch 9, 202382HOUSTON, March 8 (Reuters) - Billions of dollars in clean energy incentives are poised to speed investment on American soil...
CurrenciesUS job openings stay elevated as labor market remains tightMarch 8, 202361Job openings decrease 410,000 to 10.8 million in JanuaryFewer workers voluntarily quitting their jobsLayoffs up, and were higher than initially...
CurrenciesDollar dips from three-month highs, rates outlook dominatesMarch 8, 202362NEW YORK, March 8 (Reuters) - The dollar dipped modestly from three-month highs reached earlier on Wednesday as investors adjusted...
BankingFed’s Powell sets the table for higher and possibly faster rate hikesMarch 7, 202357WASHINGTON, March 7 (Reuters) - The Federal Reserve will likely need to raise interest rates more than expected in response...