BENGALURU, Dec 9 (Reuters) – The US financial system is headed for a brief, shallow recession over the following 12 months, based on economists polled by Reuters, who have been unanimous in anticipating the US Federal Reserve to go for a hike. decrease than the rate of interest of fifty foundation factors on December 14. … Read more
Weekly jobless claims rise from 4,000 to 230,000 Persevering with claims rise 62,000 to 1,671 million WASHINGTON, Dec 8 (Reuters) – The variety of Individuals submitting new claims for jobless advantages elevated modestly final week, pointing to a nonetheless sturdy and tight job market regardless of rising fears of a recession because the Federal Reserve … Read more
UIWANG, South Korea, Dec 5 (Reuters) – Inside 5 white tents outdoors the Uiwang container depot close to Seoul, some 200 hanging truckers huddle round fuel heaters, attempting to fight the bitter chilly and the federal government narrative that they’re nicely paid by the “labour aristocracy”. .” They’re nicely conscious of the impression their strike … Read more