US job market in spotlight as weekly jobless claims hit 4-month high

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York, U.S., September 3, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Weekly jobless claims increase from 21,000 to 218,000 Continuing claims drop 25,000 to 1.317 million Mid-Atlantic factory activity slows … Read more

Analysis: White House weighs inflation against farmers in new biofuel mandates

May 16 (Reuters) – The White House is expected to announce in coming weeks how much biofuels like corn-based ethanol U.S. refiners must put into their fuel this year, a move that will force it to weigh up of consumer inflation against the support of the nation’s farmers. How the administration balances competing priorities could … Read more

Analysis: The pain of food inflation puts emerging markets between a rock and a hard place

Food accounts for 40% of IPC baskets in low-income countries UN food price index hits record high in February and March More governments choose to introduce support measures Risk of social unrest is rising over food, fuel prices are rising LONDON/ISTANBUL/CAIRO, May 17 (Reuters) – Like millions of people in developing and emerging countries around … Read more

The US labor market continues to tighten; moderate increases in producer prices

An ‘Apply Now’ sign sits outside the new Faccia Brutta Bar Pallino seeking to hire employees on Newbury Street in Boston, Massachusetts, U.S., April 27, 2022. REUTERS/Brian Snyder Join now for FREE unlimited access to Reuters.com Register Weekly jobless claims rise by 1,000 to 203,000 Continuing claims drop 44,000 to 1.343 million Producer prices increase … Read more

Analysis: The pain is not over for the US bond market, but some see yields approaching their highs

An eagle tops the facade of the Federal Reserve Building in Washington, July 31, 2013. REUTERS/Jonathan Ernst Join now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – Interest rate jitters continue to hammer the U.S. bond market, but some investors are beginning to speculate that a possible easing in price … Read more

CPI, PPI: markets watch for signs of a spike in inflation in the United States

NEW YORK, May 10 (Reuters) – In the wake of an increasingly hawkish Federal Reserve hike in interest rates by 50 basis points, markets turned sharply ahead of this week’s U.S. economic data, which will be closely monitored for signs of inflation. I speak. Price growth soared to its highest level since the early 1980s … Read more

Under inflation fire, Biden nods to Fed, attacks Republicans

U.S. President Joe Biden arrives to deliver a speech on expanding high-speed internet access, during a Rose Garden event at the White House in Washington, U.S., May 9, 2022. REUTERS/Kevin Lamarque /File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, May 10 (Reuters) – U.S. President Joe Biden, under pressure to rein … Read more

Hope fades for Japan’s ‘revenge spending’ mania as inflation looms

People wearing protective face masks, amid the coronavirus disease (COVID-19) outbreak, walk to a shopping district in Tokyo, Japan, March 16, 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, May 2 (Reuters) – Japanese mother-of-three Maiko Takahashi has never been one to pinch pennies or accept gifts for her children, … Read more

Soaring dollar leaves traces of destruction

U.S. dollar banknotes are seen in this November 7, 2016 illustration. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, April 29 (Reuters) – The dollar’s run to two-decade highs leaves a trail of destruction behind, fueling inflation elsewhere and tightening financial conditions just as the global economy grapples. the prospect of … Read more