US labor cost growth is the smallest in a year

The Employment Price Index rose 1.0% within the fourth quarter wages and salaries improve by 1.0%; 5.1% improve year-on-year The Client Confidence Index fell to 107.1 in January Home worth inflation slows additional in November WASHINGTON (Reuters) – U.S. labor prices rose at their slowest tempo in a 12 months within the fourth quarter as … Read more

Exclusive: A senior US Treasury official warns the UAE and Turkey against evading sanctions

WASHINGTON (Reuters) – The U.S. Treasury Division’s high sanctions official, throughout a visit to Turkey and the Center East subsequent week, will warn international locations and corporations that they might lose entry to G7 markets in the event that they do enterprise with entities topic to U.S. restrictions. Washington is cracking down on Russian makes … Read more

Davos 2023: Recession overshadows the opening of the World Economic Forum summit

DAVOS, Switzerland (Reuters) – The prospect of an imminent international recession solid an extended shadow over Davos on Monday as individuals packed into the opening annual assembly of the World Financial Discussion board in regards to the potential value to their economies and companies. Two-thirds of the main personal and public sector economists surveyed by … Read more