Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended higher on Thursday, ending a five-game losing streak as investors interpreted data …
Non-farm payrolls increase by 263,000 in November Unemployment rate stable at 3.7%; turnout drops The average hourly wage increases by 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – U.S. employers hired more workers than expected in November and raised wages, ignoring growing fears of a recession, but that is unlikely to stop the Federal …
US labor market shrugs off recession fears; keeps the Fed on a tightening path Read More »
Online footage shows hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain of late payments and insufficient food SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers joined protests at Foxconn’s (2317.TW) flagship iPhone factory in China, with some men smashing surveillance cameras and windows, pictures showed images uploaded to …
Foxconn’s massive iPhone factory in China rocked by new worker unrest Read More »
Budget finds more than 21 billion euros to bring energy bills under control Taxes additional profits of energy companies at 35% Includes amnesty on tax arrears, reduction of retirement age Relaunches the bridge project linking Sicily to the mainland ROME, Nov 22 (Reuters) – Italy’s new right-wing government on Tuesday approved its first budget, a …
