(Reuters) – There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed…
Citigroup hikes pay for junior bankers despite tough year – Bloomberg News
(Reuters) – Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News…
In 2022 inflation data trumped Fed comments for moving markets, report says
By Michael S. Derby NEW YORK (Reuters) – Last year, the inflation data that forced the Federal Reserve to embark…
Changing nature of inflation prompts new inequalities, New York Fed says
(Reuters) – Asian American/Pacific Islander (AAPI) households and those with lower incomes have experienced higher inflation over the past few…
Brazil’s Lula says minimum wage has to rise in line with economic growth
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Wednesday that the country’s minimum wage must rise…
U.S. agency says Amazon.com exposed workers to safety hazards
By Jonathan Stempel NEW YORK (Reuters) -A U.S. government agency on Wednesday issued citations against Amazon.com Inc for failing to…
Dutch supermarket sales up 3% in 2022, private labels gained ground -NielsenIQ
AMSTERDAM (Reuters) – Sales at Dutch supermarkets rose 3% to 46.3 billion euros ($49.9 billion) in 2022, data published by…
U.S. holiday sales miss estimates as inflation weighs on demand – NRF
By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) -U.S. holiday sales rose by 5.3%, but fell short of estimates, as…
Fed’s current structure has boosted public confidence, George says
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s current structure, with the Washington-based Board of Governors and 12 quasi-autonomous…
‘World of Warcraft’ battle heats up as NetEase rejects Blizzard offer
By Josh Ye HONG KONG (Reuters) -Chinese games publisher NetEase Inc NTES.O said on Wednesday it has rejected a proposal…