WASHINGTON (Reuters) – New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted […]
(Reuters) – U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal rose and several brokerages boosted price targets on high-profile companies. The biggest boosts to the main indexes were Facebook Inc (FB.O), Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O), Alphabet Inc (GOOGL.O) and Microsoft Corp (MSFT.O) which […]
NEW YORK (Reuters) – Investors are worrying that rising energy costs, due to an escalating conflict between the United States and Iran that has caused a spike in oil prices, will hurt U.S. corporate earnings. While the energy sector would benefit from higher oil prices, other sectors ranging from shipping to manufacturing to restaurants would […]
WASHINGTON (Reuters) – U.S. private payrolls surged in December, but the pace of job growth was likely flattered by a seasonal quirk. The ADP National Employment Report on Wednesday showed private payrolls jumped by 202,000 jobs last month after an upwardly revised 124,000 gain in November. Economists polled by Reuters had forecast private payrolls advancing […]
WASHINGTON (Reuters) – U.S. private payrolls surged in December, but the pace of job growth was likely flattered by a seasonal quirk. The ADP National Employment Report on Wednesday showed private payrolls jumped by 202,000 jobs last month after an upwardly revised 124,000 gain in November. Economists polled by Reuters had forecast private payrolls advancing […]
LONDON/WASHINGTON (Reuters) – The United States is making a final pitch to Britain ahead of a UK decision on whether to upgrade its telecoms network with Huawei equipment, amid threats to cut intelligence-sharing ties, people with knowledge of the matter told Reuters. Britain is expected to make a final call on how to deploy Huawei […]
LONDON (Reuters) – Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran’s attack on U.S.-led forces in Iraq, but earlier sharp market moves faded as fears abated that the raid would lead to an immediate military escalation. Investors are waiting now for a statement from U.S. President Donald […]
THE net gain of jobs at Enterprise Ireland-backed firms has reached a seven-year low as Brexit jitters and a tight labour market take their toll. Enterprise Ireland CEO Julie Sinnamon said net gains in employment in EI’s food sector clients rose only 1pc last year, while more buoyant sectors struggled to retain staff and fill […]
TOKYO (Reuters) – Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that killed an Iranian general last week, raising the specter of a spiraling conflict and disrupted oil supplies. But prices cooled a fraction after the early heat as analysts […]
SHANGHAI (Reuters) – Financial markets were roiled on Wednesday after Iran fired missiles at U.S. forces in Iraq, sending Asian stocks and U.S. Treasury yields sliding and sharply lifting oil prices as investors feared a wider conflict in the Middle East. Iran’s missile attacks on the Ain Al-Asad air base and another in Erbil, Iraq, […]