(This Mar 31 story corrects spelling of name in third paragraph) MEXICO CITY (Reuters) – The U.S. government should take stronger action to fight discrimination and sexual harassment in temporary work programs for migrants, an advocacy group for Mexican women who complain of such abuse said on Thursday. Although the U.S. and Mexican governments have…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers maintained a brisk pace of hiring in March, driving the unemployment rate to a new two-year low of 3.6% while also boosting wages, resulting in a further tightening of labor market conditions and opening the door to a hefty 50 basis points interest rate hike from the…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose modestly to kick off the second quarter on Friday, as the monthly jobs report indicated a strong labor market and is likely to keep the Federal Reserve on track to maintain its hawkish policy stance. The Labor Department’s employment report showed a rapid hiring pace…
LOS ANGELES (AP) — Homebuilder stocks have lagged far behind the broader market during Wall Street’s swoon this year, weighed down by fears that rising mortgage rates could severely dampen sales. Yet some Wall Street analysts say the selling may be overdone. One prominent exchange traded fund, the SPDR S&P Homebuilders ETF, is down about…
By Marwa Rashad LONDON (Reuters) -European governments and companies worked on a common approach on Friday to Russia’s demand that they pay for its gas in roubles as the threat of an imminent supply halt eased. European capitals have been on alert for a disruption to gas imports as Russian President Vladimir Putin seeks retaliation…
By Doyinsola Oladipo and Nivedita Balu (Reuters) -Workers at an Amazon.com Inc warehouse in New York City have voted to form the first union at the second-largest U.S. private employer, a victory for the new, independent union that adds to recent success by labor activists pushing into new industries. Employees at the online retailer’s fulfillment…
By David Shepardson WASHINGTON (Reuters) -President Joe Biden’s administration on Friday sharply boosted fuel economy standards for vehicles, reversing former President Donald Trump’s rollback of U.S. regulations aimed at improving gas mileage and cutting tailpipe pollution. The National Highway Traffic Safety Administration (NHTSA) announced it will boost fuel efficiency requirements by 8% for both the…
NEW YORK (AP) — One of the more reliable warning signals for an economic recession is shining brighter. The “yield curve” is watched for clues to how the bond market is feeling about the U.S. economy’s long-term prospects. On Friday, a closely followed part of the yield curve lit up again after giving a brief…
LONDON (Reuters) – Nickel volumes on the London Metal Exchange (LME) slid 28% month-on-month in March during a period of chaotic trading that included a shutdown, data showed on Friday. The exchange, the world’s oldest and largest market for industrial metals, suspended nickel trading on March 8 after prices spiked by more than 50% in…
SZEKESFEHERVAR, Hungary (AP) — Hungary’s nationalist prime minister on Friday portrayed his country’s upcoming election as an existential turning point and a choice between war and peace as he made a final appeal to voters at a campaign rally in a rural stronghold. Viktor Orban, who is seeking a fourth consecutive term as the head…
