After surviving the “terrible prophecies,” Europe’s economy must face the challenges of the war in Ukraine and trade ties with China, EU’s Paolo Gentiloni says.
Category: Finance News
U.S. job market slows, but it’s not yet a ‘three-alarm fire,’ economist says
The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.
Top 10 people most likely to reach trillionaire status
At least a half-dozen companies have hit the $1 trillion mark and now the question is: Who could be the first individual person to become a trillionaire?
Stocks making the biggest moves midday: Intel, Nio, Super Micro Computer and more
These are the stocks posting the largest moves in midday trading.
Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.
Unemployment among Black workers falls in August, bucking trend from other groups
The unemployment rate for Black Americans crept lower in August.
Here’s where the jobs are for August 2024 — in one chart
Health care and hospitality were key drivers for a job market that has cooled off in recent months.
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%.
Stocks making the biggest moves premarket: Bowlero, UiPath, Broadcom and more
These are the stocks posting the largest moves in premarket trading.
China should focus on fighting deflationary pressure, former central bank governor says
China’s policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People’s Bank of China, said Friday at the Bund Summit in Shanghai.