Strong US job growth persists; wage inflation shows signs of slowdown
Nonfarm 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,...
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South African stocks fall as bank jitters hit global markets
JOHANNESBURG, March 10 (Reuters) - Shares on the Johannesburg Stock Exchange fell on Friday as a sell-off in banking stocks...
Europe’s lenders sucked into global banks rout
Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
Morning Bid: Jumpy around jobs
A look at the day ahead in European and global markets from Vidya RanganathanFed Chairman Jerome Powell has made sure...
US bank jitters spook Asia stocks; yen slides after BOJ
SINGAPORE, March 10 (Reuters) - Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for...
Lithuania aims to raise $539 mln from temporary windfall tax on banks
VILNIUS, March 9 (Reuters) - Lithuania's finance minister proposed on Thursday a temporary windfall tax on bank profits, aiming to...
US job openings stay elevated as labor market remains tight
Job openings decrease 410,000 to 10.8 million in JanuaryFewer workers voluntarily quitting their jobsLayoffs up, and were higher than initially...
Dollar dips from three-month highs, rates outlook dominates
NEW YORK, March 8 (Reuters) - The dollar dipped modestly from three-month highs reached earlier on Wednesday as investors adjusted...
EU executive to propose countries set own fiscal targets for 2024
BRUSSELS, March 8 (Reuters) - The European Commission is likely to propose on Wednesday that EU governments set their own...
Fed’s Powell sets the table for higher and possibly faster rate hikes
WASHINGTON, March 7 (Reuters) - The Federal Reserve will likely need to raise interest rates more than expected in response...
