US third-quarter unit labor costs revised sharply lower
WASHINGTON (Reuters) – U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a...
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Economy
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec....
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Government debt glut could rock markets in 2025, BIS says
By Naomi Rovnick LONDON (Reuters) – The threat of soaring government debt supply destabilising financial markets has intensified, the world’s...
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Factbox-US finalizes more than $6.1 billion funding for Micron under CHIPS Act
(Reuters) -The U.S. Department of Commerce has finalized a subsidy of more than $6.1 billion for Micron Technology (NASDAQ:MU), marking...
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Oracle’s results, TSMC, Ashtead’s move – what’s moving markets
Investing.com — Wall Street is seen trading in tight ranges Tuesday, with Oracle the main focus after the tech giant...
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China’s economic growth at risk amid incoming US tariff hikes, says ANZ
Investing.com– The impending increase in tariffs by the United States on Chinese goods could significantly impact China’s economy, potentially reducing...
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India’s outgoing cenbank chief stresses importance of restoring growth-inflation balance
MUMBAI (Reuters) – Restoring a balance between inflation and growth in India remains an important task for the Reserve Bank...
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Indonesia president calls for more prudent government spending amid global tensions
JAKARTA (Reuters) – Indonesia’s President Prabowo Subianto called on Tuesday for more efficient government spending amid expected economic challenges caused...
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