‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with $307 million cash injection
British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6…
Here’s where the jobs are for November 2023 — in one chart
The U.S. job market once again surprised to the upside in November, as strong growth in health care and a…
U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%
Job creation showed little signs of a letup in November, as payrolls grew even faster than expected and the unemployment…
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued…
‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases…
