Strong US jobs growth dampens talk of rate cuts

Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period. It blamed more promotions and price discounting than anticipated, which it said reflected “more cautious consumer spending”. It…

Ex-Post Office branch manager Sally Stringer is demanding Fujitsu pay towards compensation

Writers, actors, nurses, auto workers, baristas, pharmacists, graduate students — ever since 2023’s “hot labor summer” began, it seems like workers all over the country have been walking off the job to demand more of their bosses. But are we really seeing a resurgence of the strike weapon? By several measures, yes, we are. More…

Business & Finance 08 December 2023, 2:27 am 1 minute Reuters exclusively reported two significant stories in the aerospace sector on Thursday about U.S. plane maker Boeing. Reuters started the day breaking news about Boeing closing in on a Thai Airways plane order and then later in the day filed an exclusive about a two-month…

Thousands of service workers in Las Vegas are preparing to go on strike Friday if they can’t settle new contracts with two of the city’s major hotel and casino operators. The Culinary Workers Union said it reached a tentative agreement on a new contract with Caesars Entertainment early Wednesday after 20 hours of bargaining. But…

Oil prices are rising again as Israel prepares to invade Gaza as soon as Saturday and the United States tightens sanctions on major crude-producing countries, sparking market fears over a drop in supply as demand increases. On Friday morning, the price per barrel of West-Texas Intermediate, the benchmark for contracts to deliver oil produced in…