Page 104 - Eco News Today

Australia employment unexpectedly dipped in April after two months of outsized gains, and the jobless rate also ticked up in a sign the red-hot labour market might be cooling, bolstering the case for a pause in interest rate hikes next month.

Oil prices fell in early Asian trade on Thursday as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling, after surging nearly 3% in the previous session on optimism over U.S. fuel demand.

A look at the day ahead in European and global markets from Kevin Buckland

U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy, the top Republican in Washington, hope to finalize a deal on the debt ceiling after Biden returns from the Group of Seven meeting in Japan on Sunday.

Beijing's special envoy noted there was no panacea to the war in Ukraine during a visit to Kyiv earlier this week, but urged all parties to create conditions for peace talks, China's foreign ministry said on Thursday.

Feelum Home Linen, the Made in Italy contemporary, design, premium and eco-friendly home textile and loungewear brand founded by Young Italian…

Israel's central bank is expected to raise short-term interest rates by another quarter-point to a more than 16-year high next week, in what may be the last increase in an aggressive tightening cycle aimed at battling persistent inflation.

The number of Americans filing new claims for unemployment benefits fell more than expected last week, with applications in Massachusetts decreasing sharply, suggesting the labor market remains tight.

A look at the day ahead in U.S. and global markets from Naomi Rovnick

Democrats in the U.S. Congress expressed frustration with President Joe Biden's willingness to engage with Republicans demanding tougher work requirements for food aid recipients as part of any deal.