Getty Images/iStockphoto The U.S. economy is still adding jobs and layoffs remain near a 50-year low. The numbers: The number of Americans who applied for unemployment benefits in mid-January rose slightly, but layoffs remain near a 50-year low and there’s no sign of deterioration in the strongest U.S. labor marketRead More →
The amount of insurance-linked securities (ILS) capital and collateral that is still trapped after recent catastrophe loss years has fallen only slightly, as some cat bond collateral in particular was released but fresh collateralised reinsurance and retro collateral was trapped by 2019 loss events. At the same time, overall globalRead More →
© Reuters. LA Auto Show in Los Angeles FRANKFURT (Reuters) – Volkswagen Group (DE:) said on Thursday its vehicle deliveries last year were slightly above the previous year’s level, revising up an earlier forecast which predicted 2019 sales would be level with the year before. In 2018, the multi-brand carRead More →
Stocks on Wall Street edged higher Thursday, as investors eyed a potential Brexit deal between the U.K. and European Union and as third-quarter U.S. earnings reports continue to roll in. Read: EU and U.K. leaders say Brexit deal has been agreed The tentative Brexit pact, which was hailed by EuropeanRead More →
Bloomberg A container ship sits in Yokohama, Japan last month. The U.S. and Japan have reached an initial trade agreement this week, according to President Donald Trump. The numbers: The advance trade deficit in goods widened to $72.8 in August, up 0.5% from the prior month, according to the CommerceRead More →
Asian markets mostly gained in early trading Friday as U.S. Federal Reserve officials prepare to meet in Jackson Hole, Wyoming. Fed Chairman Jerome Powell is scheduled to speak Friday morning to kick off the annual conference, and investors will be looking for the central bank’s thoughts about the chances ofRead More →
NEW YORK (Reuters) – The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from significant lows that raised fears about a recession. Based on the latest available data, the fell 22.45 points, or 0.09%, toRead More →
By Medha Singh (Reuters) – U.S. stock futures extended last week’s gains to trade slightly higher on Monday in the run up to the start of second-quarter earnings reports, beginning with Citigroup (NYSE:). Shares of the U.S. lender were up 0.7% in premarket trade. It will report results at aroundRead More →
© Reuters. Traders work on the floor at the NYSE in New York (Reuters) – U.S. stock index futures added to losses slightly on Friday after data showed a stronger-than-expected job growth in June, but moderate wage gains could still encourage the Federal Reserve to cut interest rates this month.Read More →
© Reuters. FILE PHOTO: Logo of Huawei is seen at VivaTech fair in Paris By Kanishka Singh (Reuters) – Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant “may slow, but only slightly” due to recent U.S. restrictions. In remarks toRead More →
