Reuters USA

WASHINGTON (Reuters) – U.S. private payrolls increased far less than expected in January, blamed on harsh weather in some parts of the country, though labor market conditions remain tight. Private employment increased by 106,000 jobs last month, the ADP National Employment report showed on Wednesday. Data for December was revised higher to show 253,000 jobs …

U.S. private payrolls growth slows in January amid severe weather – ADP Read More »

By David Shepardson WASHINGTON (Reuters) – The Biden administration will announce Wednesday it is awarding $800 million to redesign roads, improve sidewalks and make other upgrades to address the sharp increase in U.S. traffic deaths. Traffic deaths jumped 10.5% to 42,915 in 2021, the highest number killed on American roads since 2005. After declining for …

U.S. awarding $800 million to improve roads, cut traffic deaths Read More »

NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results rose sharply again in the third quarter of 2022, data from treasury and financial management firm Kyriba showed on Tuesday. The collective exchange-rate hit, including on companies in the United States, Canada and Mexico, was $43.15 billion in the third …

Currency fluctuations’ impact on N. American cos rose sharply in Q3 -report Read More »

SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for riskier assets as the government’s policy pivots to boost growth, the latest report on mutual funds showed. Foreign money has also been flowing into China equities, sending the benchmark index up 7.4% in January, although …

Chinese investors pivot to stocks from bonds on recovery hopes – funds report Read More »

By Stephen Nellis (Reuters) – Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn. The reductions will range from 5% of base pay for …

Intel slashes employee, exec pay amid PC market downturn Read More »

By Jason Lange WASHINGTON (Reuters) – Donald Trump’s bid for the Republican presidential nomination in 2024 got off to a modest fundraising start, with his campaign ending the year with about $7 million on hand while his Save America fund had about $18 million, according to financial disclosures released on Tuesday. After launching his third …

Trump’s fundraising for presidential bid gets off to modest start Read More »