Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Amruta Khandekar and Ankika Biswas Published Jan 09, 2023 • 2 minute read Join the conversation Article content The Nasdaq rose more than 2% on Monday with Big Tech and growth stocks spearheading gains as recent signs of a cooling labor market supported […]
Article content RIYADH — Saudi Arabia will remove COVID-19 restrictions for the 2023 haj season and host pre-pandemic numbers of pilgrims, the kingdom’s ministry of haj and umrah said on Monday. In 2019, the last year before the pandemic struck, some 2.6 million people performed the haj. The kingdom allowed only limited numbers from its […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters P.J. Huffstutter Published Jan 08, 2023 • 2 minute read Join the conversation Article content CHICAGO — The American Farm Bureau Federation and machinery manufacturer Deere & Co signed a memorandum of understanding on Sunday that ensures farmers have the right to repair […]
Article content Seattle’s public school district filed a lawsuit against Big Tech claiming that the companies were responsible for a worsening mental health crisis among students and directly affected the schools’ ability to carry out their educational mission. The complaint, filed on Friday against Alphabet Inc , Meta Platforms Inc, Snap Inc and TikTok-owner ByteDance […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters James Pearson and Christopher Bing Published Jan 06, 2023 • 5 minute read Join the conversation Article content LONDON/WASHINGTON — A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet […]
Article content NEW YORK — World stocks rallied on Friday, led by Wall Street, as investors cheered a crucial U.S. jobs report that showed wage growth slowed in December, fueling bets that inflation is easing and the Federal Reserve need not be as aggressive as some feared. The MSCI All-World index jumped 1.3%. On Wall […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Amanda Cooper and Stefano Rebaudo Published Jan 06, 2023 • 2 minute read Join the conversation Article content LONDON — Euro zone government bond prices fell on Friday after U.S. employment data, as expectations for more benign inflation readings kept German yields on course for […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Jonathan Stempel Published Jan 05, 2023 • 2 minute read Join the conversation Article content NEW YORK — New York’s attorney general on Thursday sued Celsius Network founder Alex Mashinsky, claiming he defrauded investors out of billions of dollars in digital currency by […]
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Liz Hampton and Mrinalika Roy Published Jan 05, 2023 • 2 minute read Join the conversation Article content The Organization of the Petroleum Exporting Countries (OPEC) will likely take steps to boost oil prices, which started the year in free-fall, the chief executive […]
Article content NEW YORK — U.S. distillate inventories fell more than expected during their peak demand season and refinery utilization plummeted, the Energy Information Administration (EIA) said on Thursday, after a winter storm roiled the energy market at the end of December. Distillate stockpiles, which include diesel and heating oil, fell 1.4 million in the […]