Fed’s Barkin says October data shows gradual cooling of job market
The October employment report showed a “gradual lessening” of the job market that would be welcome by those who want the Federal Reserve to
New US House speaker faces early test on Israel, government funding
By David Morgan WASHINGTON (Reuters) -Republican Mike Johnson, the untried speaker of the U.S. House of Representatives, vowed on Wednesday to push forward with
Bipartisan calls grow to ‘fix’ U.S. border before approving $75 billion to defend Israel, Ukraine
President Joe Biden wants Congress to approve more than $75 billion in new spending to bolster Israel and Ukraine’s war efforts, and the price
US to launch its own AI safety institute
By Paul Sandle and David Shepardson BLETCHLEY PARK, England/WASHINGTON (Reuters) -The United States will launch a AI safety institute to evaluate known and emerging
Fed’s Powell says balance sheet rundown will proceed without change for now
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the
Jobs report reaction: ‘It is increasingly hard to imagine the Fed hiking interest rates any further,’ economist says
The October jobs report on Friday showed the U.S. economy gained 150,000 positions last month, with the unemployment rate edging up to 3.9% from
DoubleLine’s Gundlach expects interest rates to fall as US economy worsens
(Reuters) – DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into
Daylight-saving time: When does the time change this weekend, and why?
Yes, it will soon be time to fall back: Daylight-saving time ends at 2 a.m. on Sunday, Nov. 5. That means 2 a.m. becomes
Pakistan and IMF to engage in key negotiations for $710 million tranche
Pakistan is set to initiate technical negotiations with the International Monetary Fund (IMF) on November 2, a move aimed at securing a $710 million
U.S. economy slows in October, ISM survey shows
The numbers: An ISM barometer of U.S. business conditions at service-oriented companies such as retailers and restaurants slowed in October to five-month low of 51.8%,
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