By David Morgan, Richard Cowan and Katharine Jackson WASHINGTON (Reuters) – Top U.S. Senate Republicans on Tuesday called on President Joe Biden to accept their party’s debt-ceiling packag[...]
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May 2, 2023
Dollar dips as job openings fall, Fed meeting in focus
By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Reserve is expected to hike interest rates by an a[...]
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Biden will talk budget but won’t negotiate debt ceiling in Congress meeting
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -President Joe Biden will not negotiate over the debt ceiling during his meeting with four top congressional leaders on May 9, but he will discus[...]
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U.S. job openings report keeps some soft landing hopes alive
By Howard Schneider WASHINGTON (Reuters) – A continued drop in job openings and a dip in the rate at which workers are quitting have kept alive, for now, a key Federal Reserve narrative that the[...]
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US labor market softens as job openings drop, layoffs at highest level in over 2 years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell for a third straight month in March and layoffs increased to the highest level in more than two years, suggesting some softening i[...]
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Perfect storm in Minnesota labor market is worrying harbinger for the Fed
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker recruitment is in hyperdrive, with hiring tri[...]
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Key Fed officials see low-rate world as likely to return one day
By Michael S. Derby (Reuters) – For all the assertions that the pandemic and the inflation surge that followed it have put an end to the low-interest-rate era, key officials at the Federal Reser[...]
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Italy CPI rises again in April amid energy prices volatility
By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official statistics agency ISTAT said on Tuesday. EU-harmonised co[...]
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HSBC soothes shareholders by restoring dividend as profit triples
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – HSBC tripled its profit in the first quarter as rising interest rates boosted its income, beating analyst forecasts and helping the b[...]
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