China’s factory service polls suggest the economy is struggling to recover

China September Official manufacturing PMI above forecasts A private survey shows a sharp decline in factory activity Business growth in the service sector slowed in September – official survey Covid slows down, the weakening of foreign demand, the weakness of real estate weigh BEIJING, Sept. 30 (Reuters) – China’s industrial activity posted strong growth in … Read more

Weekly claims for unemployment benefits in the United States hit a five-month low; darkening of the economic picture

Weekly claims for unemployment benefits drop from 16,000 to 193,000 Continuing receivables decreased from 29,000 to 1,347 million Second quarter GDP contraction not revised at the rate of 0.6%. Gross domestic income revised downwards towards GDP WASHINGTON, Sept. 29 (Reuters) – The number of Americans filing new jobless claims last week has fallen to a … Read more

The door slams on the Fed’s “put” as the pain of the market takes a back seat to the fight against inflation

WASHINGTON, Sept. 28 (Reuters) – In the month since Federal Reserve Chairman Jerome Powell established a hard line on inflation, stocks have taken double-digit losses, opened gulfs in global currency markets, and safer US government debt yields have it has risen to its highest levels since the dark days of the financial crisis nearly a … Read more

Morning Deal: Unstable Cable | Reuters

US dollar banknotes can be seen in this illustrative photo taken on June 14, 2022. REUTERS / Florence Lo / Illustration Register now for FREE unlimited access to Reuters.com Sign in A look at the day ahead in the US and global markets from Mike Dolan. Britain’s gamble to stimulate growth with unfunded tax cuts … Read more

EXCLUSIVE Grab sees no major layoffs despite weak market

A man walks past a Grab office in Singapore on March 26, 2018. REUTERS / Edgar su Register now for FREE unlimited access to Reuters.com Sign in SINGAPORE, Sept. 25 (Reuters) – Grab, Southeast Asia’s largest food transport and delivery company, does not anticipate having to undertake mass layoffs like some rivals have, and is … Read more

The US job market is resilient as signs of recession strengthen

Weekly claims for unemployment benefits increase from 5,000 to 213,000 Continuous requests drop from 22,000 to 1,379 million WASHINGTON, Sept. 22 (Reuters) – The number of Americans filing new jobless claims increased moderately last week, indicating the labor market remains tight despite the Federal Reserve’s attempt to cool demand with aggressive hikes. interest rates. The … Read more

The UK eases the pressure on businesses by cutting energy bills in half this winter

Register now for FREE unlimited access to Reuters.com Sign in Wholesale electricity, gas bills capped from October The level will be below half of the current market prices The government says the deal will prevent companies from collapsing LONDON, Sept. 21 (Reuters) – The UK government announced Wednesday that it will limit wholesale electricity and … Read more

Elon Musk confronts the skeptics as Tesla prepares to unveil the “Optimus” robot.

SAN FRANCISCO, Sept. 20 (Reuters) – Tesla CEO (TSLA.O) Elon Musk blamed over-reliance on factory robots for sending the electric automaker to “production hell” four years ago. saying that humans were better at certain jobs. Mamma mia, how times have changed. Musk’s Texas company is now proposing ambitious plans to deploy thousands of humanoid robots, … Read more

Morning offer: plus four | Reuters

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, USA, September 13, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Sign in A look at the day ahead in the US and global markets from Mike Dolan. As markets face … Read more

Analysis: This could hurt: the tectonic plates of the global economy shift

Beyond the cost of living crisis, broader trends are at play Demographics, geopolitics, environmental costs weigh heavily Monetary quick fixes are not enough; deeper reforms needed LONDON, Sep 12 (Reuters) – When the Shannon family announced the closure of their garden center just off London’s busy South Circular Road after 33 years in business this … Read more