Bloomberg Business

Hiring at US companies far exceeded expectations and applications for jobless benefits fell to a three-month low, reinforcing the strength of the labor market, new data showed Thursday.

(Bloomberg) — Venezuela could soon enter another hyperinflationary period as President Nicolas Maduro cranked up the money-printing press to increase spending at year-end, according to private estimates. 

New Hampshire Democrats missed a deadline set by the national party to maintain their status as an early presidential primary in 2024, the second major shakeup to the election calendar since the Iowa caucuses lost their top slot in December.

Amazon.com Inc.’s Ring division introduced its first car dashboard camera after a two-year delay, expanding beyond home security with a new category.

(Bloomberg) — A decades-old subsidy that helps poor people and rural areas pay for telecom services is at risk in a legal battle that could heat up in 2023 — and saddle tech companies with new fees if the program needs rebuilding after the litigation.

India has taken a step toward allowing leading foreign universities such as Yale, Oxford and Stanford to set up campuses and award degrees as part of an overhaul of the South Asian nation’s higher education.

US companies added more jobs than expected in December, driven by small- and medium-sized businesses, and highlighting the resilience of labor demand that’s underpinning wage growth.

Saudi Arabia cut oil prices for its main market of Asia and for Europe, signaling that demand remains sluggish as economies slow and coronavirus cases in China surge.

The UK is failing to do enough to improve energy efficiency, which is needed to curb struggling households’ soaring bills, a parliamentary committee found.