US Jobless Claims Rise Most in Six Weeks, Continuing Claims Fall
Applications for US unemployment benefits rose by the most in six weeks while continuing claims fell, flagging some softening in a labor market that remains relatively resilient.
Applications for US unemployment benefits rose by the most in six weeks while continuing claims fell, flagging some softening in a labor market that remains relatively resilient.
Westinghouse Electric Co., the US nuclear-technology giant, is developing a compact version of its flagship power plant, a move aimed at making its designs more competitive in markets that don’t need large, conventional reactors.
Startup Electric Hydrogen Co. plans to open its first factory for making electrolyzers — the machines at the heart of a future green hydrogen economy – in Massachusetts. It’s the latest in a wave of clean-tech manufacturing projects announced across the US.
Deloitte Consulting is looking to utilize blockchain technology to establish digital credentials that can be used for everything from regulatory compliance in banking and decentralized finance to age verification for e-commerce.
The UK’s financial watchdog is moving to censure the son of a Conservative Party donor and his family’s private bank following an investigation into its alleged role in an attempt to undermine the Qatari financial system.
The European Union is considering ways to target third countries seen as doing too little to stop Russia evade sanctions, particularly those that can’t explain spikes in trade of key goods or technologies, according to people familiar with the matter.
A rally in some of the most speculative cryptocurrencies appears to running out of stream just as quickly as fresh memecoins such as Pepe reignited visions of instant riches among the online faithful.
German short-end bonds rallied and the euro slipped after the European Central Bank raised interest rates by a quarter point, slowing the most aggressive hiking campaign in its history.
Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett made his name by being greedy when others were fearful and fearful when others were greedy, dispensing folksy wisdom along the way.
Turkey’s opposition accused the government of trying to influence next week’s election with a request for new data from the electoral watchdog.