Jobs

UBS begins $10 billion cuts, axing 3,000 jobs after Credit…

Posted by August 31, 2023

By Noele Illien and Oliver HirtZURICH (Reuters) -UBS Group embarked on a sweeping plan to cut more than $10 billion in costs, saying on Thursday it will axe 3

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UBS begins $10 billion cuts, axing 3,000 jobs after Credit…

Posted by August 31, 2023

By Noele Illien and Oliver HirtZURICH (Reuters) -UBS Group embarked on a sweeping plan to cut more than $10 billion in costs, saying on Thursday it will axe 3

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Key US jobs data boost Fed’s ‘soft-landing’ hopes

Posted by August 29, 2023

By Howard SchneiderWASHINGTON (Reuters) - Key U.S. jobs data began approaching pre-pandemic levels in July, a sign of the sort of employment market cooling Fe

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Futures edge higher as focus shifts to inflation, jobs data

Posted by August 28, 2023

(Reuters) - U.S. stock index futures edged higher on Monday, with investor focus on key inflation data and employment readings that are due later this week fo

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Futures rise as focus shifts to inflation, jobs data

Posted by August 28, 2023

By Shristi Achar A and Amruta Khandekar(Reuters) -U.S. stock index futures edged higher on Monday ahead of key inflation and jobs data due later this week tha

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US department stores see higher credit delinquencies amid strained spending

Posted by August 24, 2023

By Katherine Masters and Ananya Mariam Rajesh(Reuters) - Major U.S. department stores including Macy's and Nordstrom are flagging delays in store credit card

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Ikea opens small-format store in subdued San Francisco downtown

Posted by August 24, 2023

By Marie Mannes(Reuters) - Swedish flat-pack furniture giant Ikea opened its doors to a new store in downtown San Francisco on Wednesday, bucking the trend of

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GM to cut 940 jobs, cease IT operations in Arizona

Posted by August 23, 2023

(Reuters) - General Motors said on Wednesday it will cut 940 information technology jobs in Arizona and cease IT operations in the state as it works to stream

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Defying war risk, European traders store gas in Ukraine

Posted by August 8, 2023

By Jan Lopatka and Marek StrzeleckiPRAGUE/WARSAW (Reuters) - European gas traders have begun storing natural gas in Ukraine to take advantage of lower prices

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Amazon results boost U.S. futures ahead of jobs data

Posted by August 4, 2023

(Reuters) - U.S. stock index futures rose on Friday as Amazon's better-than-expected earnings trumped Apple's tepid sales forecast, while investors awaited th

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