By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden said on Thursday the U.S. economy was seeing “really bright spots” after a rough few years, and was headed to a “new[...]
Read moreJanuary 5, 2023
U.S. labor market strong at end of 2022; trade gap narrows sharply
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to a s[...]
Read moreMarketmind: Fed up? Square up
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. If Asian markets take their cue on Friday from Wall Street’s slump on Thursday, they will likely[...]
Read moreStocks sag as hawkish Fed cools China rally; awaits US jobs data
By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jobs data after the Federal Reserve’s firm message that it wil[...]
Read moreFed’s Bullard says prospects for a U.S. soft landing are rising
By Michael S. Derby (Reuters) -St. Louis Federal Reserve leader James Bullard expressed optimism on Thursday that the new year could finally bring relief from inflation, adding the risk of a U.S. rece[...]
Read moreDollar hits four-week high on strong employment data
By Karen Brettell NEW YORK (Reuters) – The dollar index hit a four-week high on Thursday after data pointed to a strong jobs market, supporting the prospect that the Federal Reserve could keep u[...]
Read moreVenezuela inflation accelerating, heightening risk of return to hyperinflation -economists
CARACAS (Reuters) – Venezuelan consumer prices rose at a sharp 37.2% clip in December from November, heightening the risk of a return to hyperinflation, according to estimates by the Venezuelan[...]
Read moreOil rises after U.S. fuel stocks draw down; economic concerns loom
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose around 1% on Thursday after posting the biggest two-day loss for the start of a year in three decades with U.S. data showing lower fuel inventori[...]
Read moreGreen bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays
By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will rebound this year and top $460 billion, Barclays said, after the[...]
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