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News
US retail sales increase strongly; softening labor market a headwind
11+ mon, 3+ week ago (987+ words) higher prices, the broad increase underscored the economy's continued resilience despite mounting headwinds....in good spirits. That's good news for the economy, but it may heighten debate over how aggressively...
US retail sales increase solidly; headwinds from softening labor market loom
11+ mon, 3+ week ago (692+ words) higher prices, the broad increase underscored the economy's continued resilience despite mounting headwinds....to be in good spirits. That’s good news for the economy, but it may heighten debate over how aggressively...
US sectors to watch as Fed lines up first rate cut of 2025
11+ mon, 3+ week ago (1060+ words) By Shashwat Chauhan and Johann M Cherian (Reuters) -U.S. corporate sectors that are sensitive to interest rates will be in focus as the Federal Reserve looks poised to lower borrowing costs for the first time this year, with most having already…...
Not good news on the jobs front | Tatiana Bailey
11+ mon, 4+ week ago (264+ words) You might have seen recently that we again had a disappointing monthly employment report and then this past week we had a large downward revision in the jobs added from March 2024 to March of this year. Let’s look at the…...
Asian benchmarks are mixed after Wall Street edges down from record highs
11+ mon, 3+ week ago (600+ words) cuts to rates on Wednesday in hopes of giving the economy a boost. The job market has slowed so much that...officials now see it as the bigger danger for the economy than the threat of higher inflation because of......
Global shares mostly rise after Wall Street sets new records
11+ mon, 3+ week ago (484+ words) A currency trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul,…...
UN report details 'systematic looting' by South Sudan's rulers as citizens went hungry
11+ mon, 3+ week ago (939+ words) NAIROBI (Reuters) -U.N. investigators on Tuesday accused South Sudanese authorities of plundering their country's wealth, including by paying $1.7 billion to companies affiliated with Vice President Benjamin Bol Mel for road construction work that was never done. The payments from 2021 to 2024 were…...
USTR Greer to attend talks with Chinese officials in Madrid on trade, TikTok
1+ year, 19+ min ago (422+ words) WASHINGTON (Reuters) -U.S. Trade Representative Jamieson Greer will attend a new round of talks with Chinese officials due to start on Sunday in Madrid on trade and other economic issues including a Wednesday deadline for TikTok to divest its U.S. assets, a…...
UN report cites huge government corruption in South Sudan as its food crisis worsens
11+ mon, 3+ week ago (571+ words) which is the cornerstone of the country's economy. The report says that $1.7 billion of the $2.2...
Is Colorado’s craft brew industry on the ropes?
11+ mon, 4+ week ago (1805+ words) Wilding Brands Leadership Team A couple of high-profile metro Denver craft brewery closures in 2025 spurred some worries about the industry’s health. But industry insiders said while it’s changing for sure — as every growing industry does and there are some concerns…...