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Biden Will Need to Wait Longer for a U.S. Jobs Rebound: Eco Week Bloomberg 2/28/2021 Olivia Rockeman (Bloomberg) -- The first full month of Joe Biden’s presidency of the U.S. looks likely to have featured limited progress for the labor market as the coronavirus kept a lid on growth. Popular Searches Economists surveyed before data on Friday anticipate an increase in the unemployment rate to 6.4%, with a tally of about 180,000 new jobs. Private payrolls will be watched closely after pandemic-related restrictions eased in many states in recent weeks, likely allowing for incr...

A Global Sugar Binge Has Surprised Even the World’s Top Traders Bloomberg 1/23/2021 (Bloomberg) -- Even with restaurants, cinemas and stadiums shut, people kept binging on sugar. Popular Searches A home-baking frenzy, stimulus checks and stockpiling all meant that global demand fared quite well last season, proving wrong some of the world’s top sugar traders. What’s more, consumption is set to rebound to a record in the year that began in October, according to Tom McNeill, a director at Brisbane, Australia-based researcher Green Pool Commodity Specialists. That’s a stark turnaround ...