INTENT

US job vacancies rise to five-month high as labor market remains tight

Job creation increased by 572,000 to 11 million in December Manufacturing activity continued to decline in January Private payrolls rose by 106,000 in January WASHINGTON, Feb 1 (Reuters) – U.S. job vacancies unexpectedly rose in December, showing that demand for labor remains strong despite higher interest rates and growing recession fears, which could keep the …

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Adani hits back at Hindenburg, saying he made all the revelations

Adani issued a 413-page rebuttal to the Hindenburg report The US short sellers report sent Adani shares lower Adani says it complies with laws, required disclosures Adani’s CFO is confident the $2.5 billion share sale will succeed NEW DELHI, Jan 30 (Reuters) – India’s Adani Group issued a detailed response on Sunday to a Hindenburg …

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Explanation: Wall Street’s Market Troubles and Consequences

NEW YORK, Jan 24 (Reuters) – The New York Stock Exchange (NYSE) suffered a technical glitch at the opening of trading on Tuesday that caused more than 80 stocks to be halted for several minutes, creating confusion among traders about which orders were filled and where stocks traded and going back to the “flash crash” …

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US stocks fall on recession fears, Nasdaq closes at new bear market low

Tesla gains 3.3% in choppy trading Southwest Airlines falls 5.2% after government takeover Indexes down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35% Dec 28 (Reuters) – Wall Street’s main indexes finished lower on Wednesday, with the Nasdaq hitting a 2022 closing low as investors grappled with mixed economic data, rising COVID cases in China and …

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The US labor market remains tight; the housing recession continues

Weekly jobless claims fell 15,000 to 190,000 Continuing claims rose by 17,000 to 1.647 million Newly built single-family homes grew by 11.3%; permits fall 6.5% WASHINGTON, Jan 19 (Reuters) – The number of Americans filing new claims for jobless benefits unexpectedly fell last week, pointing to another month of solid job growth and continued labor …

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Bain Capital explores Virgin Australia IPO as aviation market improves

SYDNEY, Jan 16 (Reuters) – Bain Capital said on Monday it is looking to relist airline Virgin Australia in a move that will come as the local aviation market rebounds strongly from pandemic lows. The listing of Australia’s second-largest carrier is likely to be one of the country’s biggest initial public offerings (IPOs) in 2023, …

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