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Wall Street has best day since 2022 after encouraging update on US job market

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NEW YORK -- U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the...
World

Japan’s Nikkei 225 index plunges 7% as worries over US economy shake world markets

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BANGKOK -- Japan’s benchmark Nikkei 225 stock index plunged as much as 7.1% early Monday before recovering some lost ground, extending sell-offs that began...
Jobs

U.S. employers likely added 175,000 jobs in July as labor market cools gradually

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WASHINGTON -- The U.S. job market isn’t sizzling hot anymore. Companies aren’t hiring the way they were a year or two ago. But they...
Jobs

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

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WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...
Jobs

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

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WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...
Infra

BJP Hails Annual Budget: A Boost for Economy and Infrastructure | Headlines

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BJP National General Secretary Tarun Chugh lauded Tuesday's annual budget, declaring it a new chapter in the nation's economic trajectory....
Jobs

ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

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In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?The RBA will have...
Jobs

Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth

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Australia's unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs.Bureau of Statistics figures put the unemployment rate...
Jobs

Retail Jobs Fell by 9,000 in June

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Retail trade employment edged down by 9,000 jobs in June, after trending up earlier in the year, the latest data from the U.S. Bureau...
Bussiness

OECD headline inflation increases slightly to 5.9% in May – London Business News | Londonlovesbusiness.com

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Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) increased slightly in May 2024, to 5.9% from...
Tech

Most news consumers suspicious of AI in journalism, survey shows

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News consumers most opposed to use of AI for sensitive topics such as politics, report finds.Most news consumers in the United States and the...
World

World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year

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WASHINGTON -- The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength...
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