(AFP) — US job gains topped expectations in October, as hiring rose at a solid pace and wages moved ever higher, even as the unemployment rate edged up, according to the closely-watched US employment report Friday. The data will provide…
(AFP) — Stock markets hit reverse while the dollar shot higher Tuesday after data showed that US inflation slowed less than expected. Annual consumer price inflation slowed slightly in August to 8.3 percent from 8.5 percent in July, the Labor…
(AFP) — US and European stock markets shot higher on Friday following data that showed US job creation slowed but remained positive last month, belying fears of a recession induced by interest rates and inflation. Labor Department data showed US…
(AFP) — Wall Street stocks retreated early Tuesday following mixed corporate earnings and on rising tensions between Beijing and Washington due to reports of US House Speaker Nancy Pelosi’s planned visit to Taiwan. If Pelosi does go to Taipei, “the…
(AFP) — Stock markets mostly advanced on Tuesday despite fresh recession worries on a report tech titan Apple may scale back hiring and investment. Meanwhile, the euro rallied against the dollar as traders looked ahead to a key European Central…
By: Thomas I. LiknessEagle News Service (Eagle News) — In a surprise move Wednesday, Canada’s central bank has hiked its key interest rate by a full percentage point. The bank admits the move to raise the rate to 2.5% is…
By Julie JammotAgence France-Presse (AFP) — Courted and then jilted by the world’s richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more — but the company will…
By: Thomas I. LiknessEagle News Service (Eagle News) — Canadians are digging deeper to cover the cost of living as the country’s inflation rate hit 7.7% in the month of May. The biggest culprit is gasoline prices, Statistics Canada said…
(AFP) — Equities and oil prices tumbled Wednesday after a brief respite from last week’s painful rout across world markets, with recession fears building as central banks hike interest rates to combat decades-high inflation. While Asia, Wall Street and Europe…
(AFP) — The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years on Wednesday, and said it is prepared to do so again next month in an all-out battle to drive down surging inflation. The super-sized…
