US private payrolls miss expectations in November
U.S. private payrolls increased less than expected in November as the labor market gradually cools.
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U.S. private payrolls increased less than expected in November as the labor market gradually cools.
British businesses and households are coping so far with higher interest rates but there are risks ahead for the financial sector from higher borrowing costs and changes to
Global hedge funds sold more than bought equities for a third consecutive week last week, dumping shares mainly in consumer staples and financials, a BofA Securities note about
U.S. bank chiefs expressed more confidence in the economic outlook for 2024 after consumers and businesses showed surprising strength this year.
The U.S. services sector picked up in November amid an increase in business activity, although new orders remained flat and a gauge of input inflation dipped as the lagged effects of
Swedish pension fund Alecta said on Tuesday it had been appointed by a U.S. court to lead a class action against First Republic Bank aimed at recovering as much capital as
A look at the day ahead in U.S. and global markets from Mike Dolan As the S&P500 stalled on Monday at its high for the year, taking a breather from last week's 'peak rates' rally, smaller U.S. stocks
Jefferies Financial Group said on Monday it has set up an investment banking and capital markets unit in Canada, sticking to its plans to pursue an international expansion even as some of
Economic uncertainties due to a rapid rise in interest rates forced U.S. companies like tech behemoth Amazon.com and Wall Street banks including Goldman Sachs to slash thousands of jobs in
German exports unexpectedly fell in October, edging down 0.2% on the previous month as demand in the European Union slumped, data from the federal statistics office showed on Monday
The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut
The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
Norway's $1.5 trillion sovereign wealth fund, the world's largest, said on Friday it has been appointed by a U.S. court to co-lead an ongoing U.S. securities class action relating to
Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he
BNY Mellon will increase its minimum wage next year to $22.50 an hour from $20 and expand mental health benefits for employees, the bank said in a statement on Friday.
U.S. equity funds witnessed outflows in the week to Nov. 29, as investors booked profits after a strong rally and were cautious ahead of some key economic reports and earnings results.
Bank of Montreal reported a fall in its fourth-quarter profit on Friday, as higher provisions for potential credit defaults offset gains from a rise in its interest income.
Festive cheer has come early to world markets (bar those dollar bulls) on growing certainty that central banks will start slashing interest rates next year.
Activist investor Nelson Peltz is seeking two seats on Walt Disney's board, CNBC reported on Thursday.
Traders on Thursday maintained bets the Federal Reserve will hold interest rates steady for three more meetings before starting to cut interest rates, after a government report showed
U.S. consumer spending rose moderately in October, while the annual increase in inflation was the smallest since early 2021, signs of cooling demand that could further strengthen
A look at the day ahead in U.S. and global markets from Mike Dolan The best month of the year for U.S. stocks and bonds draws to a close on Thursday with investors bulled up by warm feelings about
A look at the day ahead in European and global markets from Wayne Cole. Let's start with Treasuries because, if this were sports, we'd be calling it a comeback for the ages.
U.S. economic activity slowed from early October through the middle of November, while businesses reported inflation largely moderated and it was easier to hire workers, the Federal