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…
Is blowout jobs a headache for the Fed, or a back-to-2019 gift?
By Howard Schneider WASHINGTON (Reuters) – A blowout January employment report and continued record numbers of job openings have left…
Air Canada pilots union considers merger with larger union
By Allison Lampert and Aishwarya Nair MONTREAL (Reuters) -The major pilots union in North America and the union representing Air…
FedEx loses bid to undo $366 million racial bias verdict, files appeal
By Jonathan Stempel (Reuters) – A U.S. judge rejected FedEx Corp’s request to throw out or reduce a jury’s $366…
Germany’s Scholz: EU wants to avoid subsidy race with U.S.
BERLIN (Reuters) – The European Union wants to avoid a subsidy race against the United States and does not want…