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U.S. labor market shrugs off recession fears; keeps Fed on tightening path

* Nonfarm payrolls increase 263,000 in November * Unemployment rate steady at 3.7%; participation rate falls * Average hourly earnings rise 0.6%; up 5.1% year-on-year By Lucia Mutikani WASHINGTON, Dec 2 (Reuters) - U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not stop the Federal Reserve from slowing the pace of its interest rate hikes starting this month.
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S&P 500 ends down as Apple dips and traders eye Powell speech

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Investors look to Powell speech for interest rate clues * U.S. consumer confidence slips in November * S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% (Updates with price moves following end of trading session) By Shreyashi Sanyal and Noel Randewich Nov 29 (Reuters) - The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S.
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U.S. yields rise ahead of Powell speech, November jobs data

By Herbert Lash and Gertrude Chavez-Dreyfuss NEW YORK, Nov 29 (Reuters) - U.S. Treasury yields rose on Tuesday as investors awaited comments this week by Federal Reserve Chairman Jerome Powell and labor market data for November that could reinforce expectations the U.S. central bank will slow its pace of hiking interest rates. Powell will address the economy, inflation and labor on Wednesday at the Brookings Institution, while the non-farm payrolls report comes out Friday, with economists polled
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S&P 500 ends down as Apple dips and traders eye Powell speech

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Investors look to Powell speech for interest rate clues * U.S. consumer confidence slips in November (Updates with end of session) By Shreyashi Sanyal and Noel Randewich Nov 29 (Reuters) - The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S.
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Wall Street mixed as Apple dips and traders eye Powell speech

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Investors look to Powell speech for interest rate clues * U.S. consumer confidence slips in November * S&P 500 -0.03%, Nasdaq -0.40%, Dow +0.18% (Updates with details of afternoon trading) By Shreyashi Sanyal and Noel Randewich Nov 29 (Reuters) - Wall Street was mixed on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S.
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U.S. yields rise ahead of data, in wake of Amazon corporate supply

By Gertrude Chavez-Dreyfuss NEW YORK, Nov 29 (Reuters) - U.S. Treasury yields rose in choppy trading on Tuesday, as investors braced for a slew of data starting on Wednesday, which could reinforce expectations for a slower pace of Federal Reserve rate increases and ahead of a highly-anticipated corporate bond deal from Amazon. Investors this week are awaiting U.S.
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Wall Street ends down sharply, hit by Apple and China worries

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Cyber Monday spending to hit $11.6 bln - report * Crypto shares fall on BlockFi bankruptcy filing * Biogen down after death in Alzheimer drug trial * Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% (Updates with details following end of trading session) By Ankika Biswas and Noel Randewich Nov 28 (Reuters) - U.S.
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Wall Street drops, weighed down by Apple and China worries

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Cyber Monday spending to hit $11.6 bln - report * Crypto shares fall on BlockFi bankruptcy filing * Biogen down after death in Alzheimer drug trial (Updates with end of trading session) By Ankika Biswas and Noel Randewich Nov 28 (Reuters) - U.S.
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Wall Street drops, weighed down by Apple and China worries

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Cyber Monday spending to hit $11.6 bln - report * Crypto shares fall on BlockFi bankruptcy filing * Biogen down after death in Alzheimer drug trial * Indexes down: S&P 500 -1.20%, Nasdaq -1.15%, Dow -1.15% (Updates with detail on trading, comment from strategist) By Ankika Biswas and Noel Randewich Nov 28 (Reuters) - Wall Street stocks tumbled on Monday as protests in major Chinese cities aga
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Banks in EU face tougher rules on using cloud computing giants

By Huw Jones LONDON, Nov 28 (Reuters) - Financial firms in the European Union will have to show how quickly they could recover from a cyber attack as they rely more for key services on 'cloud computing' giants such as Amazon, Microsoft, Google and IBM, the EU said on Monday. Regulators worry about the speed and scale at which banks, insurers and investment firms are moving critical functions and market operations onto a handful of cloud platforms.
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Cost-of-living crisis casts shadow over Europe's Black Friday

* Consumers battling record inflation * Soccer World Cup also a distraction * UK transactions up 0.7% vs 2021 so far - Barclaycard Payments * Consumers target energy-saving products By James Davey LONDON, Nov 25 (Reuters) - Europe's retailers are hoping Black Friday discount day will get shoppers spending, though it is taking place against a backdrop of a worsening cost-of-living crisis and the distraction of the soccer World Cup.
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Wall Street rises as Fed signals rate hikes may slow

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Growth stocks bounce as Treasury yields drop * Tesla jumps as Citigroup upgrades * Nordstrom falls on reduced profit forecast * Dow up 0.4%, S&P 500 up 0.64%, Nasdaq up 1.08% By Carolina Mandl and Sinéad Carew Nov 23 (Reuters) - Wall Street's main indexes edged higher on Wednesday after minutes from the Federal Reserve's November meeting showed interest rate hikes may slow soon.
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Italy's Meloni hails "courageous" budget, opposition plans protests

* Budget finds over 21 bln euros to tame energy bills * Taxes energy firms' extra profits at 35% * Includes amnesty on tax arrears, cut to retirement age * Relaunches bridge project connecting Sicily to mainland By Giuseppe Fonte and Gavin Jones ROME, Nov 22 (Reuters) - Italian Prime Minister Giorgia Meloni presented her government's first budget on Tuesday, calling it a "courageous" package even as the opposition said it targeted the poor and planned street protests.
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Italy's Meloni to unveil budget with 30 bln euros to lift economy

* Over 21 bln euros for taming energy bills * Part of funding comes from taxing energy firms' extra profits * Amnesty on tax arrears, cut to retirement age expected By Giuseppe Fonte ROME, Nov 21 (Reuters) - Italian Prime Minister Giorgia Meloni's first budget, due to be approved by her cabinet on Monday, will focus on curbing sky-high energy bills and cutting taxes for payroll workers and the self-employed, government officials said.
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Wall Street Journal - Nov 18

Nov 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Pro-union Starbucks Corp SBUX.O workers said they walked out of U.S. stores on Thursday, aiming to push the company to bargain for higher pay and improved staffing levels. - Twitter Inc suffered a new wave of departures Thursday to its already depleted workforce after many employees rejected Elon Musk's demand that they commit to working
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British Business - Nov 18

Nov 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Sam Bankman-Fried, the founder of FTX, received a $1 billion personal loan from the company's hedge fund subsidiary, bankruptcy filings have revealed. - Rio Tinto RIO.AX has ended its talks with dissenting minority shareholders of takeover target Turquoise Hill Resources TRQ.TO .
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Wall Street Journal - Nov 17

Nov 17 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Elon Musk emailed Twitter Inc employees demanding they commit to "long hours at high intensity" or leave, further roiling a staff already dealing with sweeping layoffs, mass executive departures and repeated business missteps under the billionaire' s ownership.
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The case for a "soft" Fed landing may finally be taking hold

By Howard Schneider WASHINGTON, Nov 16 (Reuters) - Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may bolster faith the U.S. economy can escape the current surge of inflation without a major downturn. Fed officials emphasized this week they intend to keep raising interest rates for now, though perhaps at a slower pace, until it is clear the recent turn lower in inflation becomes a trend and broad
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Wall Street Journal - Nov. 15

Nov 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Amazon.com Inc AMZN.O is preparing layoffs that could total about 10,000 workers as the company continues a broad cost-cutting review led by Chief Executive Andy Jassy. - Alphabet Inc's GOOGL.O Google has agreed to pay $391.5 million to settle allegations that it persistently misled consumers about how it tracked them on mobile phones an
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New York Times business news - Nov 15

Nov 15 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Amazon.com Inc AMZN.O plans to lay off approximately 10,000 people in corporate and technology jobs starting as soon as this week, people with knowledge of the matter said, in what would be the largest job cuts in the company's history.
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