US labor cost growth is the smallest in a year; Work is constantly tight

The Employment Cost Index rose 1.0% in the fourth quarter wages and salaries increase by 1.0%; 5.1% increase year-on-year The Consumer Confidence Index fell to 107.1 in January House price inflation slows further in November WASHINGTON (Reuters) – U.S. labor costs rose at their slowest pace in a year in the fourth quarter as wage … Read more

British Prime Minister Sunak dismisses the head of the Zahawi party because of tax issues

Al-Zahawi found that he was not open about the tax investigation An independent consultant finds serious breaches of the law The investigation of the Deputy Prime Minister is ongoing Scandal hurts PM Sunak’s reappointment bid LONDON (Reuters) – British Prime Minister Rishi Sunak sacked Conservative Party leader Nadeem Zahawi on Sunday after an inquiry found … Read more

US consumer spending ends 2022 on weaker grounds; slowing inflation

Consumer spending fell 0.2% in December personal income increases by 0.2%; The savings rate rose to 3.4%. Core PCE price index rose 0.3%; 4.4% increase year on year WASHINGTON (Reuters) – U.S. consumer spending fell for the second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation … Read more

Microsoft will cut 10,000 jobs with concern about a recession in the cloud technology sector

DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Corporation (MSFT.O) On Wednesday, it said it would cut 10,000 jobs and charge $1.2 billion in profits, as cloud computing customers reassess their spending and the company prepares for a possible recession. The layoffs, which were much larger than the cuts Microsoft made last year, add to the … Read more

China’s population is declining for the first time since 1961, highlighting the demographic crisis

BEIJING/HONG KONG (Reuters) – China’s population declined last year for the first time in six decades, a historic shift that is expected to mark the start of a long period of declining population numbers with profound repercussions for its economy. and the world. The decline, the worst since 1961, the last year of the great … Read more

Move over Ben Franklin: laser detonators electrify scientists

WASHINGTON (Reuters) – When Benjamin Franklin made his first lightning rod in the 1750s after famously experimenting with flying a kite with a switch attached during a thunderstorm, the American inventor had no way of knowing that it would remain state of the art. for centuries. Scientists are now moving to improve an 18th-century innovation … Read more

Pfizer CEO rules out generic COVID drug Paxlovid for China

Jan. 9 (Reuters) – Pfizer Inc (PFE.N) It’s not in talks with Chinese authorities to license a generic version of its COVID-19 treatment Paxlovid for use there, CEO Albert Bourla said Monday, but it is in discussions about the price of the branded product. Reuters reported on Friday that China is in talks with Pfizer … Read more

Brazilian stocks higher in volatile trade after capital storming

SAO PAULO/LONDON (Reuters) – Brazilian stocks rose in choppy trade on Monday, the day after thousands of supporters of former President Jair Bolsonaro stormed government buildings in the capital, echoing the January 6, 2021 insurrection in Washington. . The Brazilian real weakened nearly 0.55% against the dollar in spot trading, while the country’s benchmark stock … Read more

Ukraine says Russia plans new mobilization to ‘turn the tide of war’

Russia will throw “everything that they have left” into the war – Kyiv 89 Russian servicemen are killed in the New Year’s attack at the Ministry of Defense Bakhmut is still on the eastern front, the scene of heavy fighting Russia deploys a frigate with hypersonic cruise missiles This story includes content produced in Russia, … Read more

Asian stocks weigh China risks, and the yen hit a 6-month high

https://tmsnrt.rs/2zpUAr4 Asian markets recovered early losses, and US stock futures were flat The dollar broke below the 130 yen support level to reach a 6-month low Global growth fears are weighing on oil prices, but gold is rallying SYDNEY (Reuters) – Asian stocks recovered from early losses on Tuesday as investors weighed the near-term costs … Read more