US aid officials attend meetings in Israeli prison accused of torture, sexual violence LONDON: US aid officials are attending daily meetings at Israel’s Sde Teiman base, where widespread use of torture and sexual violence is employed against Palestinian prisoners, reports allege. It follows a decision in July to move Israel’s humanitarian relief hub to the…
The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention. Alfexe | Istock | Getty Images The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving…
U.S. inflation has hit its lowest level since early 2021, marking a cooling trend in three years of economic price pressures. The Labor Department reported Thursday that consumer prices rose 2.4 percent in September compared to the same month last year, down slightly from 2.5 percent in August. This marks the smallest annual increase since…
“We’re Hiring” flyers displayed at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where…
The stronger-than-expected September jobs report is good news for Main Street and Wall Street, CNBC’s Jim Cramer said Friday. Job gains of 254,000 in the month — paired with solid hourly earnings gains — suggest the U.S. economy is in a solid spot despite lingering slowdown fears, Cramer said. That kind of backdrop should lend…
Where is Team Recession now? With new, surprisingly good job numbers for September showing Fed Chair Jerome Powell and his colleagues on the cusp of sticking that soft landing, the US unemployment rate—amid fears the central bank waited too long to cut rates—actually went down. US job growth last month topped all estimates and wage…
The U.S. labor market surged in September, adding a robust 254,000 jobs that far exceeded expectations, boosting business confidence. The new jobs report figures significantly increased from the 159,000 jobs added in August, according to the Department of Labor. September’s job gains were broad, with several industries showing strong growth. At the same time, the…
A surge in hiring offers Vice President Kamala Harris a fresh defense in her fight with Donald Trump over the economy, as the pair jockey to frame their visions in the home stretch of the campaign. Friday’s jobs report, which beat all analyst estimates and pushed the unemployment rate down to 4.1%, is the latest…
I’m Malcolm Scott, international economics enterprise editor in Sydney. Today we’re looking at China’s stock market rally. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. Confronted by slowing growth and disinflationary pressures,…
Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no…