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Cheng Xin / Getty Photographs Airbnb reported softer U.S. demand, which it blamed on financial uncertainties. The journey rental website sees current-quarter common day by day charge to be flat, and adjusted EBITDA margin to be flat or down barely.…
A stronger-than-expected jobs report for April will probably reinforce Fed Chair Jerome Powell’s stance of being affected person about any financial coverage modifications, at the same time as President Trump once more known as for the central financial institution to…
A stronger-than-expected jobs report for April will possible reinforce Fed Chair Jerome Powell’s stance of being affected person about any financial coverage adjustments, whilst President Trump once more referred to as for the central financial institution to decrease rates of…
The eurozone unemployment charge was steady on a month-to-month foundation in March at 6.2%, utilizing a seasonally adjusted determine. That’s a report low and down from 6.5% in March 2024. Within the EU, in the meantime, the unemployment charge was…
By Siddarth S (Reuters) -Weakening journey demand, signaled by grim earnings forecasts of travel-related firms, might erase billions of {dollars} from the U.S. financial system this 12 months because the Trump administration’s commerce coverage takes a toll on client sentiment,…
(Reuters) -Federal Reserve policymakers on the alert for potential cracks within the labor market as companies modify to President Donald Trump’s erratic commerce coverage bought some reassurance on Friday that to date there’s little weak point, and no cause to…
(Bloomberg) — Oil headed for a second weekly loss as OPEC+ ready to weigh additional manufacturing will increase, whereas merchants assessed the most recent developments within the US-China commerce standoff. World benchmark Brent futures traded close to $62 a barrel…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job progress slowed marginally in April, however the outlook for the labor market is more and more darkening as President Donald Trump’s aggressive tariff coverage heightens financial uncertainty. Nonfarm payrolls elevated by 177,000 jobs…
Exxon Mobil’s first quarter revenue slumped to the bottom stage in years, stung by weaker crude costs and better prices. The oil and fuel big earned $7.71 billion, or $1.76 per share, for the three months ended March 31. It…
By Lewis Krauskopf NEW YORK (Reuters) -The Federal Reserve assembly within the coming week is ready to check the U.S. inventory market’s sharp rebound, with buyers hoping the central financial institution is poised to renew reducing rates of interest within…
