June 7, 2019

Traders bet U.S. hiring slowdown will speed Fed rate cuts

The Federal Reserve is just about done being patient. Powered by WPeMatico
June 7, 2019

Weak U.S. employment report casts pall over economy

U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a loss of momentum in economic activity could be spreading […]
June 7, 2019

U.S. May payrolls rose less than expected

U.S. job growth slowed sharply in May and wages rose less than expected, suggesting the loss of momentum in economic activity was spreading to the labor […]
June 7, 2019

U.S.-Mexico migration talks continue as tariff deadline looms

U.S. and Mexican negotiators resumed migration talks on Friday as the two sides edged closer to a trade war that could hobble both countries’ economies and […]
June 7, 2019

France’s Sanofi bets on new CEO to drive sluggish drug sales

In veteran drug salesman Paul Hudson, Sanofi’s 100,000-plus employees are getting a new chief executive who relishes a good commercial fight. Powered by WPeMatico
June 7, 2019

Wall Street rises on rate-cut hopes, China tariff delay

U.S. stocks extended gains in a broad-based rally on Friday, as a sharp slowdown in May domestic job growth raised hopes of an interest rate cut, […]
June 7, 2019

Spirit cuts workweek in wake of 737 MAX groundings: union

Boeing Co’s largest supplier Spirit AeroSystems Holdings Inc is reducing its workweek to 32 hours in response to the 737 MAX groundings, a labor union for […]
June 7, 2019

U.S. gives Chinese imports more time before more tariffs hit

U.S. officials officially granted Chinese exporters two more weeks to get their products into the United States before increasing tariffs on those items, according to a […]
June 7, 2019

Europe’s 5G to cost $62 billion more if Chinese vendors banned: telcos

A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and […]
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