Why Reserve Bank Governor Philip Lowe could go easy on mortgage holders in his final weeks
By Stephen Johnson, Economics Reporter For Daily Mail Australia 03:16 27 Jul 2023, updated 03:17 27 Jul 2023 Futures market...
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UPS, union avert strike with planned 5-year deal, more pay
July 25 (Reuters) - UPS (UPS.N) and its Teamsters union have signed a tentative contract deal for about 340,000 U.S. workers at the parcel delivery firm, one week ahead of a threatened strike that could have cost the economy billions and disrupted a quarter of the nation's package shipments.Tuesday's agreement, which must be ratified by union members, cinches another win for transportation labor groups. Railroad, airline and West Coast seaport workers have all seen their bargaining hand strengthened by labor shortages and public support for those who risked their lives...
Factbox: European companies cut jobs as economy sputters
July 25 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs...
JPMorgan to expand online bank Chase to Germany, EU, Handelsblatt reports
FRANKFURT, July 21 (Reuters) - JPMorgan (JPM.N) will expand its online bank Chase to Germany and other European Union countries,...
Exclusive: TikTok parent ByteDance to allow US staff to cash out on shares-sources
NEW YORK, July 11 (Reuters) - ByteDance, the Chinese owner of short video app TikTok, will allow shares owned by...
Gold struggles for momentum as traders await US inflation data
Dollar dips 0.1% to two-month lowMarket focus on Wednesday's U.S. inflation dataJuly 11 (Reuters) - Gold prices were steady on...
Bank of England’s Bailey vows to ‘see the job through’ on inflation
Under pressure, Bailey says "crucial" to see job throughUK inflation is running higher than in any other G7 economyBailey largely...
Euro zone business activity contracts in June
LONDON, July 5 (Reuters) - Euro zone business activity slipped into contractionary territory last month in a broad-based downturn across...
Yellen sees strong job market, lower inflation, even as US economy cools
U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary...
Most experts whose job it is to explain the economy don’t have the foggiest
TOM UTLEY: I'll let you into a secret - The vast majority of experts whose job it is to explain...
