(Reuters) – Global economic unease is growing and the closely watched monthly jobs report in the United States and inflation gauges in Europe will arrive in the coming week at a key juncture for markets and central banks. A look at manufacturing activity in China is also due, while the euro is threatening to push
DETROIT (AP) — About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to those powered by batteries. Leaders of the Dearborn, Michigan, automaker made the announcement Monday in a companywide email, saying that 2,000 full-time salaried workers
Here are five things you must know for Thursday, August 11:1. — Stock Futures Higher As Fed Rate Bets Fade U.S. equity futures bumped higher again Thursday, with the dollar nursing its biggest one-day decline in five months, as investors looked to re-set rate expectations from the Federal Reserve following yesterday’s softer-than-expected July inflation reading.Plunging gas
JUNE DELIVERS DECENT JOBS REPORT, WHICH MEANS THE FED IS GOING TO TRY HARDER TO DESTROY THOSE JOBS TO FIGHT INFLATION… CNBC HEADLINE AT 9:06 AM… Dow futures slide 200 points after strong jobs report likely to keep Fed in hiking modeStock futures fell Friday after the July jobs report was much better than expected