AP Top Business News at 10:19 p.m. EST
A fragile global economy is at stake as US and China seek to cool tensions at APEC summit
A fragile global economy is at stake as US and China seek to cool tensions at APEC summit
KUALA LUMPUR, Dec 8 — The government will start rolling out policies to reduce foreign worker dependency starting next y...
Around 1.86 million were collecting unemployment benefits, according to new data from the Labour Department.
Asian markets mostly rose Friday as traders tried to track a Wall Street rally ahead of crucial US jobs data, while Tokyo took a hit from an extended yen rally on bets Japan will drop its ultra-loose monetary policy.The remarks suggested the bank was on the brink of shifting away from its long-running ultra-loose monetary policy put in place to kickstart growth.
The head of the Office for Budget Responsibility (OBR) has blamed Rishi Sunak and Jeremy Hunt for the watchdog’s forecasts being wrong.
Vacancies declining as growth falters, recruiters’ body tells Bank of England
The latest labor market data revealed a slowing jobs market furthering investor hopes for a soft landing.
Germany's strict constitutional debt rule faces an overhaul after a shock court ruling blew a hole in the budget and left the government scrambling to make its sums add up.As well as pushing the 2023 budget beyond the limit of the debt brake, the ruling has left Germany with a 17-billion-euro ($18-billion) hole in its financial plan for 2024.
President Joe Biden is sending a clear message to Democratic negotiators on Capitol Hill that he is open to striking a compromise with Republicans on border security in order to get talks on funding for Ukraine back on track.
Can the U.S. economy achieve a much-hyped “soft landing”? Friday's jobs report for November will provide some signs of whether that elusive scenario is coming into view. Companies are advertising fewer job openings, and Americans are switching jobs less often than they did a year ago, trends that typically slow wage growth and inflation pressures. All of which means the Federal Reserve may stand an increasingly good chance of bringing inflation down to its 2% annual target without causing a deep recession — the common definition of a soft landing.
IPOH, Dec 7 — The Perak State Legislative Assembly today unanimously approved the state Budget 2024. The Supply Bill 20...
US oil prices finished below $70 a barrel for the first time since July on Wednesday on a mixed day for global equities, as traders pondered hopes for interest rate cuts from the European Central Bank and the US Federal Reserve. Frankfurt's DAX stocks index hit a fresh record high, passing the 16,600 level for the first time, and in Paris the CAC 40 rose as sliding German factory orders added to hopes of an interest-rate reduction from the European Central Bank.
Even if senators can overcome the current gridlock over Ukraine funding, some House Republicans are already signaling opposition to any bill that links aid to major immigration reform. Several House conservatives who have repeatedly voted against Ukraine told The Hill their vote was reliant on passing H.R.2, a stringent border security bill, or similar legislation. …
Research says funding cuts and poor organisation stop Canadians from accessing healthcare – and 20% have no doctor at all
The Bank of England will keep Bank Rate at 5.25% on December 14 and through the second quarter of 2024, a Reuters poll showed, although a slim majority of participants said risks were tilted towards the first cut coming earlier than expected. British inflation cooled more than expected to 4.6% in October from 6.7% in September yet economists as a group now expect only a 25 basis point cut in the third quarter compared to 50 basis points in a November poll. That change in view came after Bank of England (BoE) Governor Andrew Bailey recently said the central bank "will do what it takes" to get inflation to its 2% target.
Two viral videos show Singaporeans are far from being social responsible, preferring to record sneaky videos instead of offering help, says Neil Humphreys.
If an ornament was a dress.
Jennifer Lopez wore the coolest cropped breast plate with underboob for Elle's 2023 Women in Hollywood celebration.
KUALA LUMPUR, Dec 7 — Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh today said that Malaysians need to...
King Charles is not moving to remove the titles himself, it has been reported.
Kim Kardashian broke the internet (again) with the launch of the bra. Now, it's sold out.