By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – EU industry chief Thierry Breton has said new proposed artificial…
Oil falls about 3% as strong U.S. jobs data prompt interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell to over three-week lows on Friday in a volatile session, after…
Jobs report jolts Wall Street bulls as inflation fears return
By Davide Barbuscia NEW YORK (Reuters) – Much stronger-than-expected U.S. job growth stopped early-year rallies in stocks and bonds dead…
Brazil’s finance ministry to back minimum wage increase starting in May -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to…
Renewed U.S. junk bond rally ignites hope for more stuck buyout debt
By Matt Tracy WASHINGTON (Reuters) – Banks are hoping to quicken the pace of offloading at least some of the…
U.S. reports blowout job growth; unemployment rate lowest since 1969
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit more than…
Dollar jumps after “monster” job report
By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added significantly…
Morgan Stanley sees another 25-bps Fed hike in March after strong jobs report
NEW YORK (Reuters) – The Federal Reserve is likely to raise interest rates by another 25 basis points (bps) at…
Fed’s Daly sees policy rate rising to least 5.1%, then a hold
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said the 5.1% policy rate that…
Japan’s Q4 economic growth likely rebounded on tourism reopening
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely returned to growth in the last quarter of 2022 as the…