By Nivedita Balu (Reuters) – The massive job cuts by Amazon.com Inc, one of the biggest private employers in the…
European shares dip as media stocks slide, Fed worries resurface
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares slipped on Thursday as media stocks were weighed by declines…
Canada posts slim November trade deficit on lower energy exports
By Ismail Shakil OTTAWA (Reuters) -Canada posted a trade deficit of C$41 million ($30.20 million) in November as exports were…
U.S. trade deficit shrinks sharply as imports tumble
WASHINGTON (Reuters) – The U.S. trade deficit contracted by the most in nearly 14 years in November as slowing domestic…
Factbox-Why are tech firms leading job cuts in Corporate America?
(Reuters) – Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in…
Fed’s George: It will be key to hold rates up once hikes end
By Michael S. Derby NEW YORK (Reuters) – Kansas City Federal Reserve leader Esther George said on Thursday that she…
Fed’s Bostic: Officials “remain determined” to beat inflation
WASHINGTON (Reuters) – Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials “remain…
Real estate broker Compass to cut more jobs to deal with housing downturn
(Reuters) – Real estate broker Compass Inc said on Thursday it would cut more jobs to deal with a downturn…
Heavy discounts drive record U.S. online holiday spending – report
(Reuters) -U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed,…
U.S. private payrolls beat expectations in December – ADP
WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in December, pointing to still-strong demand for labor despite higher…