U.S. labor market shrugs off recession fears; keeps Fed on tightening path
Nonfarm payrolls increase 263,000 in NovemberUnemployment rate steady at 3.7%; participation rate fallsAverage hourly earnings rise 0.6%; up 5.1% year-on-yearWASHINGTON,...
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U.S. weekly jobless claims at 3-month high; equipment spending resilient
Weekly jobless claims increase 17,000 to 240,000Continuing claims rise 48,000 to 1.551 millionCore capital goods orders rebound 0.7% in OctoberShipments...
UK faces record hit to living standards as tax hikes loom
Britain facing record living standards hitUK economy in recession, set to shrink in 2024Almost half of 55 billion-pound belt-tightening from...
U.S. weekly jobless claims drop; housing market struggling
Weekly jobless claims fall 4,000 to 222,000Continuing claims increase 13,000 to 1.507 millionHousing starts drop 4.2% in October; permits fall...
Analysis: Italy’s Meloni needs urgent fix for ballooning pensions bill
Italy has highest pension bill in OECD blocIndex-linked pensions rising with surging inflationNew PM Meloni must take action before year-endCo-ruling...
Analysis: Runaway prices have central Europe on the ropes
Region grappling with inflation rates near 20%Surveys show sustained high inflation expectationsVarious government moves dent central bank tighteningSome economists say...
Europe’s debt market strains force some governments to rework trading rules
Oct 31 (Reuters) - Some euro zone countries have eased rules for the banks that manage the trading of their...
French economy ekes out meagre growth in Q3, inflation hits record high
PARIS, Oct 28 (Reuters) - France's economy eked out meagre growth in the third quarter as household spending stagnated and...
No messing around with red-hot inflation: Five questions for the ECB
LONDON, Oct 24 (Reuters) - The European Central Bank meets on Thursday and appears in no mood to slow the...
Analysis: G7 fails to reach intervention deal to ease pain of soaring dollar
G7 says closely monitoring 'recent volatility' in marketsJapan's jawboning fails to stop yen's fall to 32-year lowsYellen shuns joint intervention...
