US labor market stays afloat as unemployment rate falls to 4.2%
U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested the labor market was not falling off the cliff to
September 05, 2024U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested the labor market was not falling off the cliff to
September 05, 2024BNY has agreed to buy Archer, a technology and operations provider that will help the U.S. bank expand its services to asset and wealth managers, the companies said on Thursday.
September 05, 2024Major Russian banks have called on the central bank to take action to counter a yuan liquidity deficit, which has led to the rouble tumbling to its lowest level
September 05, 2024Republican presidential candidate Donald Trump said on Thursday he would establish a government efficiency commission headed by billionaire
September 05, 2024Global physically backed gold exchange traded funds (ETFs) saw the fourth consecutive month of inflows in August due to additions to holdings by North America- and Europe-listed
September 05, 2024PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering 5% cashback rewards, as the global online payments
September 05, 2024Chinese home appliance maker Midea Group plans to launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, said
September 05, 2024Beleaguered Burberry is no longer one of UK’s most valuable public companies
September 05, 2024The Canadian dollar is set to give back some of its recent gains over coming months but could make another move higher in 2025 if central bank easing cycles revive
September 05, 2024By Indradip Ghosh BENGALURU - The European Central Bank will cut its deposit rate by 25 basis points on Sept. 12 and again in December, according to a significant majority of economists in a Reuters
September 05, 2024Japanese retail giant Seven & i will inform Canada's Alimentation Couche-Tard that its takeover bid price is "inadequate", a source familiar with
September 05, 2024Tesla shares rose more than 6% on Thursday after the electric automaker stuck to its plans to launch the Full Self-Driving (FSD) advanced driver assistance software in China
September 05, 2024Honeywell on Thursday named insider Mike Stepniak its new chief financial officer as incumbent Greg Lewis has decided to step down from the role.
September 05, 2024The benchmark S&P 500 index and the Dow ended lower in choppy trading on Thursday after a short-lived boost from a string of economic reports faded and investors
September 05, 2024Shares of C3.ai, which makes software for enterprise artificial intelligence, slumped nearly 15% on Thursday, as subscription revenue was squeezed by slow
September 05, 2024Verizon is buying Frontier Communications in a $20 billion deal that helps to strengthen its fiber network
September 05, 2024A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take
September 05, 2024Verizon said on Thursday it will buy fiber-optic internet provider Frontier Communications in an all-cash deal worth $20 billion, as the
September 05, 2024Piedmont Lithium has pulled its application for a debt package from a popular U.S. government loan program and is scaling back ambitious expansion plans across two
September 05, 2024It is one of those unwelcome surprises that is almost guaranteed to anger people when they retire: income from Social Security benefits is subject to federal taxes - and in
September 05, 2024President Joe Biden’s son Hunter Biden is set to stand trial in Los Angeles on Thursday in a criminal case accusing him of failing to pay $1.4 million in taxes while spending
September 05, 2024British companies expect to raise selling prices by the smallest amount in nearly three years but wage growth shows no sign of cooling, a survey showed on Thursday in mixed news for Bank of
September 05, 2024Country Garden Holdings said on Thursday that PwC has agreed to resign as its auditor, as the property developer became the latest Chinese company to sever ties with the firm.
September 05, 2024South Africa's current account deficit narrowed in the second quarter, to 0.9% of gross domestic product (GDP) from 1.5% of GDP in the first quarter, central bank data showed
September 05, 2024JPMorgan has ditched its buy recommendation on Chinese stocks, warning of the risk of a second tariff war after November's U.S. election and citing worries about
September 05, 2024