By Echo Wang (Reuters) -TikTok has put on hold a hiring process for consultants that would help it implement a…
NY Fed says China’s COVID woes are pressuring supply chains
By Michael S. Derby NEW YORK (Reuters) – Declining world supply chain pressures are being challenged by new disruptions in…
Fed’s Bostic: jobs data another sign economy is gradually slowing
By Lindsay Dunsmuir (Reuters) – The latest U.S. jobs figures are another sign that the economy is gradually slowing and…
Canada posts hefty job gains, raising chances of another rate hike
By Ismail Shakil OTTAWA (Reuters) -The Canadian economy recorded a massive jobs gain in December and the jobless rate unexpectedly…
WWE confirms former chief Vince McMahon’s return to board
(Reuters) -Vince McMahon, the former chief of World Wrestling Entertainment, is returning to the board of the company that he…
U.S. factory orders tumble in November on aircraft
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods fell more than expected in November amid a sharp decline in bookings…
Hermes expands in Nanjing as luxury industry bets on Chinese return
By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes is opening a new, enlarged store in China’s Nanjing city,…
U.S. service sector contracts in December, price increases slow – ISM survey
WASHINGTON (Reuters) – U.S. services industry activity contracted for the first time in more than 2-1/2 years in December amid…
Germany tells Musk it expects Twitter to fight disinformation
BERLIN (Reuters) – Germany’s digital minister recently met Elon Musk to clarify what Berlin expects from Twitter, especially in fighting…
Fed’s ‘inclusive’ jobs promise hits inflation control reality
By Howard Schneider WASHINGTON (Reuters) -Aiming to fortify broad labor market gains among U.S. minority groups over the previous decade,…