Category Archives:
U.S. job openings fell moderately in October
WASHINGTON (Reuters) - U.S. job openings decreased in October, but remained significantly high, pointing to continued labor market resilience despite the Federal Reserve's efforts to cool demand by ag...
Nov 30, 2022
Yellen says unemployment rate in 4% range is ‘healthy’
NEW YORK (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that she was not sure what an acceptable unemployment rate is for the current economic outlook, but said that the Treasury h...
Nov 30, 2022
Honda to develop advanced level 3 self-driving technology by 2029
TOKYO (Reuters) - Honda said it would develop technology enabling its level 3 self-driving capability to function at any speed below legal limits on highways by the second half of the 2020s as it stri...
Nov 30, 2022
Bugatti joint venture profitable “beyond expectations” – Rimac CEO
By Nick Carey WARWICK, England (Reuters) - The joint venture between Croatian electric carmaker Rimac and Bugatti has been far more profitable than anticipated as the two brands work on developing veh...
Nov 30, 2022
U.S. pending home sales fall 4.6% in October
WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes fell for a fifth straight month in October as the housing market continued to sag amid higher mortgage rates. The National Associati...
Nov 30, 2022
BlackRock backs banks, cuts European, EM debt as part of “new playbook”
LONDON (Reuters) - Asset manager BlackRock has said 2023 will require a new investment playbook, backing banks and energy sectors to do well while slapping 'underweights' on longer-term European gover...
Nov 30, 2022
Senate banking chief urges U.S. Treasury to secure new crypto rules
By Hannah Lang (Reuters) -A Democratic senator and chair of a key committee on Wednesday pressed U.S. Treasury Secretary Janet Yellen for help in securing legislation to better regulate cryptocurrency...
Nov 30, 2022
Yellen says she ‘certainly’ plans to remain as Treasury secretary
NEW YORK (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday said she "certainly" planned to stay on in her job for the duration of President Joe Biden's term, dismissing speculation she was...
Nov 30, 2022
Road access to Brazil’s busiest Paranagua port cut off by landslide
By Roberto Samora SAO PAULO (Reuters) - Delivery of goods by road to Brazil's busiest port for grains and sugar has been cut off by a landslide caused by heavy rainfall in the southern parts of the co...
Nov 30, 2022
Spotify CEO renews attack on Apple after Musk’s salvo
STOCKHOLM (Reuters) - Spotify CEO Daniel Ek renewed his attack on Apple on Wednesday through a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling ...
Nov 30, 2022
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