Cooling Eurozone Inflation Opens Path
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Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
Eurozone Bond Weakness in April Was Mainly Driven by U.S. Treasurys
Eurozone government bonds remained primarily stuck in a bond-negative pull in April, emanating from the Treasury market, LBBW said.The Wall Street Journal - World -
Cool solution: how ice-cream saved drought-hit farmers in India
As the climate crisis forces people to abandon their land in Rajasthan, a new industry has sprung up in the desert state, with thousands of gaily decorated vans setting off to sell ice-cream across the country. The parched villages of Gangapur in ...The Guardian - World - India -
The Fed Is Looking for a Job Market Cool-Down. It Just Got One.
Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.The New York Times - Business - Federal Reserve -
US stocks rally as cooling labour market boosts rate cut hopes
Futures markets lean towards Fed acting in September after just 175,000 jobs were added in AprilFinancial Times - World -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Turkey's inflation accelerates to nearly 70% in April
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.CNBC - Business - Turkey -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Open: This is "Face the Nation with Margaret Brennan,"
This week on "Face the Nation," South Dakota Gov. Kristi Noem kicks off her book tour after the viral excerpt about shooting a dog to death. Plus, Margaret Brennan speaks to Queen Rania al Abdullah of Jordan.CBS News - Top stories