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Instant View: June US jobs growth cooled, but wages won’t comfort Fed
NEW YORK (Reuters) - U.S. job growth slowed more than expected in June after surging in the prior month, but labor market conditions remain tight, with the unemployment rate retreating from a seven-mo...
Syndicated Content Jul 07, 2023
Global investors extend buying streak into equity funds on signs of easing inflation
(Reuters) - Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that may moderate central banks' inclination ...
Syndicated Content Jul 07, 2023
Fed seen raising rates this month, but traders less sure of further hike
(Reuters) - Traders on Friday stuck to bets the Fed will raise its benchmark interest rate this month to a 5.25%-5.5% range, but are becoming more skeptical of the chance for further hikes beyond that...
Syndicated Content Jul 07, 2023
Mexican inflation continues downward trend in June
MEXICO CITY (Reuters) - Mexico's annual inflation rate decelerated in June for a fifth consecutive month to 5.06%, data from statistics agency INEGI showed on Friday, continuing a downward trend spurr...
Syndicated Content Jul 07, 2023
Canada gains more jobs than expected in June, jobless rate rises to 5.4%
OTTAWA (Reuters) -The Canadian economy added a net 59,900 jobs in June, far more than expected, while the jobless rate ticked up to 5.4% as more people searched for work, Statistics Canada data showed...
Syndicated Content Jul 07, 2023
UN food aid deliveries by AI robots could begin next year
By Emma Farge GENEVA (Reuters) - AI-powered robotic vehicles could deliver food parcels to conflict and disaster zones by as early as next year in a move aimed to spare the lives of humanitarian worke...
Syndicated Content Jul 07, 2023
Tesla rolls out global customer referral program as EV price war heats up
(Reuters) -Electric-vehicle maker Tesla rolled out a new program globally allowing buyers to earn extra incentives through referrals from existing customers, a strategy long used by traditional automa...
Syndicated Content Jul 07, 2023
China fines Ant 7.1 billion yuan
BEIJING (Reuters) - China's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People's Bank of China (PBOC), which ...
Syndicated Content Jul 07, 2023
Cash assets under management reach ‘monster $7.8tn’ – BofA
By Lucy Raitano LONDON (Reuters) - Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management reaching a "monster" $7.8 trillion, accordin...
Syndicated Content Jul 07, 2023
Fisker misses second-quarter production target due to parts shortage
(Reuters) - Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup disclosed on Friday, sending its shares down 2% in premarket trading....
Syndicated Content Jul 07, 2023
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