European stock indexes fall again, ending a turbulent week for markets.
European stock indexes fall again, ending a turbulent week for markets. Source link
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US jobs report: Economy loses 92,000 jobs in February as unemployment ticks up to 4.4%
The US economy unexpectedly shed jobs in February, marking a sharp reversal from the previous month and raising fresh concerns about the strength of the labour market.Data released by the US Labor Department on Friday showed the world’s largest economy lost 92,000 jobs in February, compared with job growth of 126,000 in January, reported AFP.The…
Trump’s Strait of Hormuz Problem
The president campaigned on lowering prices for Americans. That pledge has come under fire this week as the Iran war pushes up the cost of gasoline. Source link
Middle East disruption: Govt to deploy all policy tools to help exporters manage shipping shocks, says Piyush Goyal
Commerce and industry minister Piyush Goyal on Friday said that the government will deploy all available policy tools and support mechanisms to help Indian exporters cope with disruptions arising from the ongoing West Asia conflict.Speaking to reporters on the sidelines of the IIFT vice chancellors’ conclave in New Delhi, Goyal said an inter-ministerial group has…
Young and Looking for Work? We Want to Hear from You.
Unemployment is higher among younger people than other groups, and some companies are cutting back on entry-level hiring. Tell us how you are navigating the start of your career. Source link
Stock market today: Which are the top losers and gainers on March 6- check list
Benchmark equity indices Sensex and Nifty fell sharply on Friday, retreating by more than 1 per cent after a brief recovery in the previous session as escalating tensions in West Asia and surging crude oil prices weighed on investor sentiment.The 30-share BSE Sensex declined 1,097 points, or 1.37 per cent, to close at 78,918.90. During…
The Allure of ‘Slop Bowls’ Fades as Consumers Tighten Spending at Restaurants
Sales and traffic at restaurant chains like Cava, Chipotle and Sweetgreen are falling, as customers grow tired of both salad bowls and their rising price tags. Source link
Turning back to Russian gas would be economically and politically wrong, says IEA chief
The head of the International Energy Agency (IEA) has cautioned Europe against returning to Russian gas supplies, warning that doing so would be both economically and politically misguided despite the current turmoil in global energy markets, according to a Reuters report.IEA Executive Director Fatih Birol said the ongoing Middle East crisis has prompted fresh debate…
Big Revisions Are a Reason to Question the Jobs Numbers, Not to Dismiss Them
Economists say estimates from the Bureau of Labor Statistics and other agencies are reliable, but they worry the quality of data is eroding. Source link
Rupee gains 2 paise to 91.62 after US allows Indian refiners to buy Russian oil
Rupee strengthened 2 paise to 91.62 against the US dollar on Friday after the United States announced a 30-day waiver allowing Indian refiners to purchase Russian oil. This move comes amid the ongoing war in West Asia and aims to ease pressure on global energy supplies.“This stop-gap measure will alleviate pressure caused by Iran’s attempt…