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China urges IMF to give more power to emerging markets

YoopyaJan 16, 2014November 29, 20230

(Reuters) – China called on IMF member nations on Wednesday to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set

U.S. job growth falters as cold weather grips nation

YoopyaJan 11, 2014November 26, 20230

(Reuters) – U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that

US economy adds 74K jobs; rate falls to 6.7 pct.

YoopyaJan 10, 2014November 29, 20230

WASHINGTON (AP) — The weakest month of hiring in three years ended 2013 on a sluggish note and raised questions about whether the U.S. job

Labor market data suggest economy strengthening

YoopyaJan 10, 2014November 27, 20230

(Reuters) – The number of Americans filing new claims for unemployment benefits last week fell and planned layoffs hit a 13-1/2 year low in December,

Asian shares falter to near 4-month low, dollar regains strength

YoopyaJan 7, 2014December 3, 20230

(Reuters) – Asian shares fell to a near four-month low on Tuesday, though the dollar rebounded after overnight weakness on disappointing U.S. services sector data

Top Fed officials zero in on next policy steps

YoopyaJan 6, 2014December 3, 20230

(Reuters) – The U.S. Federal Reserve, having just reduced its bond-buying program, now appears deep in debate over the best way to unwind its extraordinary

1.3 million losing unemployment benefits Saturday

YoopyaDec 28, 2013December 10, 20230

WASHINGTON (AP) — More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt

Insight: U.S. early warning system for financial crises gets low marks

YoopyaDec 23, 2013December 10, 20230

(Reuters) – In June 2009, a small group of academics sent an envoy to a Washington, D.C., think tank to pitch their vision for a

Housing, jobs data weaken, but overall economic picture still upbeat

YoopyaDec 20, 2013December 31, 20230

(Reuters) – U.S. home resales hit a near one-year low in November and new filings for unemployment benefits unexpectedly rose last week, putting a wrinkle

Euro zone agrees on bank closure funding; banking union in sight

YoopyaDec 18, 2013January 31, 20240

(Reuters) – Euro zone finance ministers made progress on Wednesday on some details of a plan to close banks, paving the way for completion of a euro