Strong US jobs growth dampens talk of rate cuts
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
The US economy added 216,000 jobs in December and the unemployment rate was unchanged at 3.7%.
Products in a loading bay at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Bloomberg | Bloomberg | Getty Images Amazon may be the epitome of big business, but more than 60% of the behemoth’s sales last year came from small- and medium-sized businesses. Small businesses rely on…
AutomotiveBusiness & Finance 28 November 2023, 4:40 am 1 minute Reuters reported that Bhavish Aggarwal, India’s answer to Elon Musk, is racing to roll out millions of electric scooters and speed his nation to a cleaner future. Some of his mechanics can’t keep up, though. Aggarwal’s Ola Electric, which he likens to Tesla in the…
Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 11%.
The Post Office had prosecution powers and, between 1999 and 2015, it prosecuted 700 sub-postmasters and sub-postmistresses – an average of one a week – based on information from a computer accounting system called Horizon. Another 283 cases were brought by other bodies including the Crown Prosecution Service.
A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s Bank of China when he was arrested under President Xi Jinping’s campaign to weed out the “flies and ants” in the financial, energy and…
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024. Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an Alaska Airlines flight and…