The number of Americans filing new claims for unemployment benefits dropped further below 500,000 last week, suggesting job growth picked up this month, though companies still are desperate for workers.
Drillers in New Mexico have set aside only a tiny fraction of the money they will eventually need to clean up their wells, pipelines and other infrastructure in the state, leaving taxpayers at risk of footing some of the balance, according to a study published on Thursday.Concerns are growing about who will pay for the…
NEW YORK (Reuters) – A selloff in cryptocurrencies, high-growth stocks and other high-flying assets may be signalling a more cautious outlook among market participants after a stretch of rampant exuberance, investors and analysts said.FILE PHOTO: An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7,…
Indian shares were weighed down by metal stocks on Thursday, after China sought stricter control of commodity markets to curb “unreasonable” increases in prices, sparking a broad-based correction.
Indonesia’s exports racked up their strongest rise in 11 years in April, boosted by surging prices of key commodities such as palm oil and coal, data from the statistics bureau showed on Thursday as they beat analysts’ expectations.
The number of confirmed coronavirus cases in Germany increased by 12,298 to 3,626,393, data from the Robert Koch Institute (RKI) for infectious diseases showed on Thursday.
New Zealand on Thursday lifted welfare benefit rates and promised billions of dollars more towards addressing rising inequality in its annual budget, as it predicted smaller deficits and a faster economic recovery from COVID-19.
The dollar gained ground on Wednesday, snapping a four-day losing streak and bouncing off a multi-month low following the release of the minutes from the Fed’s most recent monetary policy meeting. In those minutes, a number of members of the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) said that should the economic recovery continue…
Wall Street’s main indexes remained lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some eyeing a future discussion of tapering its bond buying program. The S&P 500 (.SPX) added to losses after the release revealed a number of…
Turkish President Tayyip Erdogan said UEFA’s decision to move the Champions League final between English clubs Manchester City and Chelsea to Porto from Istanbul was political.”A couple of years ago, we were notified that the final would be played in Turkey, but things took a sudden turn when two English clubs qualified to play the…
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