By Simon Lewis WASHINGTON (Reuters) – The Biden administration’s budget plan put forward on Thursday includes requests for billions of dollars of funding for the Indo-Pacific region aimed[...]
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March 9, 2023
Marketmind: Bye Kuroda – BOJ takes center stage as banks get battered
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Investors waking up in Asia on Friday hoping for a quiet day to ease into the weekend will be as well[...]
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US weekly jobless claims post largest rise in 5 months; labor market still tight
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased by the most in five months last week, but the underlying trend remained con[...]
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US job openings stay elevated as labor market remains tight
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell less than expected in January and data for the prior month was revised higher, pointing to persistently tight labor market conditi[...]
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Wall Street ends sharply lower, Treasury yields dip ahead of jobs report
By Stephen Culp NEW YORK (Reuters) – Wall Street slid sharply on Thursday, pulled lower by bank stocks and jitters ahead of Friday’s employment report, while Treasury yields dropped on sig[...]
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German minister delays 2024 budget plans as coalition squabbles
BERLIN (Reuters) -Germany’s finance minister has delayed presenting his budget for next year, a state secretary in his ministry said on Thursday, as differences within the three-way ruling coali[...]
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Bank of Canada says more evidence needed to know if rates are high enough
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada needs more evidence to gauge if interest rates are high enough to tame inflation, in part because the economies of majo[...]
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Factbox-What’s in Biden’s budget: taxes on buybacks, rail safety, childcare
(Adds details) WASHINGTON (Reuters) – U.S. President Joe Biden released his administration’s budget proposal for fiscal 2024 on Thursday. While the document is always a bit of a wish list,[...]
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New York Fed model finds inflation pressures more persistent than thought
By Michael S. Derby (Reuters) – In another setback for the Federal Reserve’s inflation fight, data showing inflationary pressures cooling in recent months were in fact a mirage, and show u[...]
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