‘Goldilocks’ jobs data propels Wall St. to best day since August
(Reuters) – Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled…
U.S. unemployment rate hits 3.5%; job growth moderate
WASHINGTON, (Reuters) – The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession…
As Fed policymakers comb data, few decisive signals on outlook
SAN FRANCISCO/ WASHINGTON (Reuters) – Federal Reserve policymakers on Friday signaled they are on high alert for signs that uncertainty over trade policy and slowing global growth are beginning to…
Talks between UAW and GM take ‘turn for the worse’: union official
DETROIT (Reuters) – Talks for a new four-year labor contract between General Motors Co (GM.N) and its striking workers took a “turn for the worse” on Sunday after the United…
HSBC to cut up to 10,000 jobs in drive to slash costs: FT
FILE PHOTO: A man walks past a logo of HSBC at its headquarters in Kuala Lumpur, Malaysia August 6, 2019. REUTERS/Lim Huey Teng/File Photo (Reuters) – HSBC Holdings Plc (HSBA.L)…
Main issues in UAW-GM labor talks narrow to wages, pensions: source
FILE PHOTO: General Motors assembly workers and their supporters gather to picket outside the General Motors Bowling Green plant during the United Auto Workers (UAW) national strike in Bowling Green,…
Evans says two rate cuts have Fed ‘well-positioned’ at this point
FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans visits the online music retailer Sweetwater, in Fort Wayne, Indiana, U.S. September 14 2018. REUTERS/Ann Saphir CHICAGO (Reuters) – Chicago Federal…
Thomas Cook Germany in rescue talks with investors
BERLIN (Reuters) – Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and said it…
Exclusive: GM and UAW union making progress in talks for new labor deal – sources
DETROIT (Reuters) – General Motors Co (GM.N) and the union that represents its 48,000 striking hourly workers in the United States have made progress in talks toward a new deal…
GM and UAW union making progress in talks for new labor deal: sources
DETROIT (Reuters) – General Motors Co (GM.N) and the union that represents its 48,000 striking hourly workers in the United States have made progress in talks toward a new deal…