French nationwide strike to extend as pension reform fight intensifies
Protests against plans to raise pension age to 64Majority of voters reject reformGovernment, unions determined to stand their groundPARIS, March 7 (Reuters) – France’s nationwide strike against a planned pension reform, which disrupted train services, shut schools and halted fuel deliveries, will spill into Wednesday as unions seek to force a government retreat on the […]
Morning Bid: Powell confesses ‘This time it’s different’
A look at the day ahead in U.S. and global markets from Mike Dolan.Jerome Powell calmed the horses, a bit.In attempting to parse last week’s blockbuster January jobs report, the Federal Reserve Chair on Tuesday reprised his take from last Wednesday’s policy meeting – essentially that another couple of Fed rate hikes were probably needed […]
Odds ‘very high’ of U.S. military conflict with China, top Republican says
WASHINGTON, Jan 30 (Reuters) – A top Republican in the U.S. Congress said on Sunday the odds of conflict with China over Taiwan “are very high” after a U.S. general caused consternation with a memo that warned that the United States would fight China in the next two years.In a memo dated Feb. 1 but […]
Household wealth optimism collapses, global survey shows
Jan 16 (Reuters) – Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households.The Edelman Trust Barometer, which for over two decades has polled the attitudes of thousands of people, found that […]