U.S. job openings hit record high, skills mismatch rising U.S. job openings surged to a record high in April and employers appeared to have trouble finding suitable workers, pointing to a tightening labor market that could encourage the Federal Reserve to raise interest rates next month. The Labor Department's monthly Job […]
United States
Oil dips on glut concerns, but Mideast tension, falling U.S. stocks support Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as fuel markets remained oversupplied, although tension in the Middle East and falling U.S. inventories lent some support. Brent crude futures LCOc1 were at $50.08 […]
U.S., Mexico reach sugar pact despite U.S. producer resistance Mexico on Tuesday conceded to U.S. demands for changes in the terms of Mexican access to the lucrative U.S. sugar market, striking a deal with Washington that will likely lift prices of the sweetener to U.S. food processors and consumers. Sugar […]
Apple makes iPhone screen fixes easier as states mull repair laws Hey Siri, where can I get my cracked iPhone screen fixed? Apple Inc(AAPL.O) customers will soon have more choices as the company looks to reduce long wait times for iPhone repairs at its retail stores. By the end of […]
Uber fires 20 employees after harassment probe Uber Technologies Inc [UBER.UL] said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company. Uber fired the staff following a report by law […]
Asian stocks wary ahead of risk events this week, dollar struggles Asian stocks inched higher on Wednesday but investors remained noticeably risk averse, with gold and sovereign debt set for a second day of solid gains ahead of several major political and economic events later this week. With UK elections, […]
U.S. services, factory data point to moderate economic growth U.S. services sector activity slowed in May as new orders tumbled, but a jump in employment to a near two-year high pointed to sustained labor market strength despite a deceleration in job growth last month. The moderation in services industries production, […]
U.S. judge may tap Feinberg to run $1 billion Takata compensation fund A federal judge may tap attorney and longtime compensation adviser Kenneth Feinberg to oversee claims for nearly $1 billion that Takata Corp (7312.T) will pay out to victims of defective air bag inflators linked to numerous deaths and […]
Apple debuts HomePod speaker to bring Siri into the living room Apple Inc (AAPL.O) on Monday introduced the HomePod, a voice-controlled speaker that can make music suggestions and adjust home temperatures, taking aim at Amazon.com Inc's (AMZN.O) Alexa feature and Echo devices. The move is the first into a completely […]
Dollar hits seven-month low, stocks, oil retreat as caution reigns Escalating tensions in the Middle East, the impending testimony of the former FBI director, British elections and a European Central Bank meeting this week, all took their toll on Asian stocks, oil and the dollar on Tuesday. Oil fell back […]
