Reuters Video

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar dropped to multi-month lows against the euro and yen and fell versus most currencies on Friday after data showed the labor market in the world’s largest economy slowed last month, creating fewer jobs than expected. The report suggested that the Federal Reserve remained on track …

US dollar sags after weaker-than-expected jobs data, Fed’s Powell comments Read More »

By Caroline Valetkevitch NEW YORK (Reuters) -Stock indexes rose on Friday after Federal Reserve Chair Jerome Powell said the U.S. economy continues to be in a good place and it remains to be seen if the Trump administration’s tariff plans will prove to be inflationary, while U.S. 10-year Treasury yields also turned higher. Stocks and …

Stocks, yields edge higher; Powell says economy still in good place Read More »

By Erwin Seba HOUSTON (Reuters) -Oil prices gained on Friday but retreated from session highs after U.S. President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with Ukraine. Brent crude futures settled at $70.36 a barrel, up 90 cents, or 1.3%. West Texas Intermediate futures finished at $67.04, up 68 …

Oil up, but off highs as Trump warns new Russia sanctions possible Read More »

By Tannur Anders JOHANNESBURG (Reuters) -South African power utility Eskom resumed scheduled power cuts on Friday and said they would last across the weekend, after outages at the country’s nuclear power station and one of its mammoth coal plants. The loss of power from units at the Koeberg nuclear plant and Kusile coal station meant …

South African power cuts resume as key plants fail Read More »

(Reuters) -Rainbow Chicken on Friday said half-year profit surged more than 14 times as the firm recovered from South Africa’s worst outbreak of bird flu, though it flagged the possibility of another flare-up due to a sluggish a vaccination campaign. South Africa lost a third of its national chicken flock in 2023 to an outbreak …

South Africa’s Rainbow reports profit jump; flags bird flu threat Read More »

By Caroline Valetkevitch NEW YORK (Reuters) -Stock indexes fell sharply and the dollar eased on Thursday, with the Nasdaq confirming it has been in a correction since peaking last December, as more announcements from U.S. President Donald Trump on tariffs fueled investor uncertainty. The global bond market selloff continued, a day after the 10-year German …

Nasdaq confirms correction, dollar weakens as tariff news fuels unease Read More »