Volvo to cut up to 800 US jobs NEW YORK: Volvo Group plans to lay off as many as 800 workers at three US facilities over the next three months due... Published 21 Apr, 2025 05:42am
World US weekly jobless claims edge lower WASHINGTON: The number of Americans filing new applications for unemployment benefits slipped last week, while the... Published 27 Mar, 2025 06:19pm
World US health secretary RFK Jr. plans 10,000 job cuts in major department restructuring, WSJ reports Health and Human Services Secretary Robert F. Kennedy Jr. is set to significantly cut the size of the agency he... Published 27 Mar, 2025 05:27pm
Opinion Tariff situation undoubtedly impacting US economy The US economy added 151,000 jobs, but the unemployment rate rose to 4.1%. This is a key economic indicator for the... Published 10 Mar, 2025 05:58am
World US job growth picks up in February; unemployment rate rises to 4.1% WASHINGTON: U.S. job growth picked up in February and the unemployment rate edged up to 4.1%, but growing... Published 07 Mar, 2025 07:30pm
World Mexico warns Trump tariffs would kill 400,000 US jobs MEXICO CITY: Mexican Economy Minister Marcelo Ebrard said on Wednesday that a 25% across-the-board tariff proposed ... Published 28 Nov, 2024 07:41am
Business & Finance Dollar pares gains after weak US jobs data NEW YORK: The dollar pared gains against the euro on Friday after data showed US job growth slowed sharply in ... Published 02 Nov, 2024 06:15am
Business & Finance China’s yuan steady SHANGHAI: China’s yuan remained largely steady on Friday, while the dollar hovered close to an eight-week low on... Published 08 Jun, 2024 07:00am
Markets Dollar steady after soft US jobs report; yen starts week on back foot SINGAPORE: The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve... Published 06 May, 2024 10:09am
Business & Finance Weak dollar boosts Latam FX, stocks BRASILIA: Most Latin American currencies climbed on Friday, with the Brazilian real touching a three-week high ... Published 06 May, 2024 05:30am
World US weekly jobless claims fall more than expected; continuing claims rise WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,... Published 11 Apr, 2024 06:23pm
World US layoffs reach 14-month high amid government, tech cutbacks NEW YORK: U.S. layoff announcements rose 7% in March to the highest since January 2023, led by technology and... Published 04 Apr, 2024 04:55pm
Markets Tech selloff drags down European shares PARIS: European shares were hurt by a steep selloff in the technology sector on Monday, while investors turned wary... Published 12 Mar, 2024 04:28am
Markets Europe’s STOXX 600 logs weekly gains PARIS: Europe’s main stock indices were flat on Friday, but notched strong gains over the week that saw record... Published 09 Mar, 2024 04:59am
World US weekly jobless claims fall more than expected last week WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,... Published 08 Feb, 2024 07:36pm
Markets Tokyo stocks close higher ahead of US data TOKYO: Tokyo stocks closed higher Friday following a strong rally on Wall Street, with investors awaiting US jobs... Published 03 Feb, 2024 05:46am
Business & Finance US weekly jobless claims near 1-1/2-year low WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week to the lowest level ... Published 19 Jan, 2024 05:37am
Business & Finance Most Asian FX down, traders await US jobs report BENGALURU: The South Korean won fell more than 1% on Thursday, leading declines among emerging Asian currencies as... Published 08 Dec, 2023 05:20am
Markets Wall Street rebounds on megacaps boost NEW YORK: Wall Street’s main indexes reversed course and rose on Friday following a boost from megacap stocks, ... Published 07 Oct, 2023 06:01am
Business & Finance Dollar posts minor gains after mixed US jobs report NEW YORK: The dollar erased earlier losses and edged higher against the euro and Japanese yen on Friday after the... Published 04 Sep, 2023 06:21am
Business & Finance US dollar gains broadly NEW YORK: The US dollar firmed across the board on Tuesday, garnering safe-haven bids, after a disappointing set of... Published 09 Aug, 2023 05:33am
Markets Asian FX trades in tight range, Philippine peso at 3-week low Emerging Asian currencies were trading cautiously on Friday ahead of a key US jobs report that may provide clues on... Published 04 Aug, 2023 10:07am
Markets Tin bounces, other metals gain after US data LONDON: Tin prices rebounded on Thursday following a mining ban in part of the world’s third largest tin miner,... Published 04 Aug, 2023 06:20am
World US layoffs fall to lowest level in nearly a year American employers announced fewer layoffs in July than the year before, marking the first year-over-year decrease... Published 03 Aug, 2023 06:01pm
Business & Finance Republican debt-limit plan would cut US jobs, slow growth, economist tells Senate panel WASHINGTON: A Republican plan to cut federal spending in exchange for lifting the US government’s debt ceiling... Published 08 May, 2023 06:40am
Markets Gold falls below $2,000 as US jobs growth lifts dollar NEW YORK: Gold fell below the key $2,000 level on Monday as the dollar advanced on Friday’s strong US jobs ... Published 11 Apr, 2023 03:44am
Business & Finance US hiring eases in March as economy shows signs of cooling WASHINGTON: US job gains eased in March for a second straight month, government data showed Friday, adding to signs... Published 10 Apr, 2023 06:45am
Markets Wall Street Week Ahead: Inflation data awaited by markets hit by worries about Fed, banks NEW YORK: A critical inflation report next week will test a US stock market already consumed by worries over Federal... Published 13 Mar, 2023 06:15am
World US job cuts over Jan-Feb hit highest since 2009: report Layoffs by US companies over January and February touched the highest since 2009, with the tech sector accounting... Published 09 Mar, 2023 05:48pm
Markets European shares subdued as strong US jobs data fan worries PARIS: European shares were muted on Wednesday as better-than-expected employment data from the US fanned worries... Published 09 Mar, 2023 06:23am