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Wall St falls more than 1% as jobs data fuels fears of further Fed tightening

Wall St falls more than 1% as jobs data fuels fears of further Fed tightening

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US private sector payroll rises more than expected The first weekly jobless claims fall Tesla declines as Chinese-made vehicle sales plummet Indices down: Dow 1.02%, S&P 1.16%, Nasdaq 1.47% Jan 5 (Reuters) – Major Wall Street indexes fell more than 1% on Thursday, with the Nasdaq leading the declines, as evidence of a tight labor …

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Bed Bath & Beyond prepares to file for bankruptcy within weeks - sources

Bed Bath & Beyond prepares to file for bankruptcy within weeks – sources

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Jan 5 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) is preparing to seek bankruptcy protection in the coming weeks, people familiar with the matter said, following weak sales and an inability to compete major online and big-box retailers. The U.S. home goods retailer plans to skip debt payments due Feb. 1, one of the …

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China's third-quarter GDP growth beats expectations, but risks loom

China’s third-quarter GDP growth beats expectations, but risks loom

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China’s third-quarter GDP growth picks up as expected, outpacing f’cast September sees better than expected industrial activity Export momentum fades, imports reflect sluggish demand Persistent COVID brakes, property weakness significantly brakes BEIJING, Oct 24 (Reuters) – China’s economy rebounded at a faster-than-expected pace in the third quarter, but tight COVID-related restrictions, a protracted housing crisis …

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