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%.
Similar Posts
Austria stalls Russian sanctions over Raiffeisen blacklisting | Reuters News Agency
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…
United finds loose bolts on Boeing jets grounded after blowout incident
Comment on this storyComment Add to your saved stories Save United Airlines on Monday said preliminary inspections of grounded Boeing 737 Max 9 planes have turned up loose bolts and other issues with the part of the aircraft that failed on an Alaska Airlines flight over Portland, Ore., last week, raising concerns of a systematic…
Tesla on two wheels? India’s Ola Electric feels the strains of success | Reuters News Agency
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…
WSJ News Exclusive | Boeing CEO Says Company Needs to Acknowledge ‘Our Mistake’
Updated Jan. 9, 2024 8:05 pm ET Boeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that has resulted in roughly 170 of its planes being grounded and spooked its customers. In his first remarks since the harrowing accident, Calhoun indicated a misstep…
Sainsbury’s increases pay as supermarkets battle for staff
About 120,000 workers at the supermarket will see their wages increase by more than 9% from March.
Union President Blasts Ford Chairman: ‘He Knows Exactly How To Settle This Strike’
The executive chairman of Ford Motor Company broke his silence on the monthlong auto workers strike on Monday and said the work stoppage could “devastate local communities” if it continues. Bill Ford, the great-grandson of Henry Ford and the company’s chairman since 1999, also criticized the United Auto Workers union for recently shutting down the…
