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The Jakarta Post
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US-economy

US job growth seen slowing in August, unemployment rate falling below 10%
Business 1 month ago

US job growth seen slowing in August, unemployment rate falling below 10%

According to a Reuters survey of economists nonfarm payrolls likely rose by 1.4 million jobs last mo...
Stock markets slump as Wall Street rally runs out of steam
Business 1 month ago

Stock markets slump as Wall Street rally runs out of steam

The tech-rich Nasdaq Composite Index led the market lower following a sell-off in tech shares, endin...
US job cuts skyrocketed 231% in 2020: Survey
Business 1 month ago

US job cuts skyrocketed 231% in 2020: Survey

The data are the latest indication of the awful employment situation facing many American workers as...
US government aid 'essential' to weather downturn: Fed official
Business 1 month ago

US government aid 'essential' to weather downturn: Fed official

The White House and Congress have been deadlocked for weeks over a successor to the US$2.2 trillion ...
Warren Buffett looks to Japan, takes 5% stakes in five trading companies
Business 1 month ago

Warren Buffett looks to Japan, takes 5% stakes in five trading companies

Berkshire said it acquired its stakes in Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & C...
Fed official warns of 'uncertain' US recovery
Business 2 months ago

Fed official warns of 'uncertain' US recovery

Emergency programs rolled out by the government and Fed helped cushion the blow from the COVID-19 bu...
Nasdaq, S&P again hit all-time highs, Dow ends up 0.3%
Business 2 months ago

Nasdaq, S&P again hit all-time highs, Dow ends up 0.3%

The tech-rich Nasdaq Composite Index posted its fifth consecutive all-time high close, after jumping...
Boeing to offer second layoff plan, CEO Calhoun sees smaller market ahead
Business 2 months ago

Boeing to offer second layoff plan, CEO Calhoun sees smaller market ahead

It will be offered to employees in the commercial airplanes and services businesses as well as corpo...
US coronavirus fraud losses near $100m as COVID scams double
Business 2 months ago

US coronavirus fraud losses near $100m as COVID scams double

The study found California, Florida, New York, Texas and Pennsylvania - the most populous of the 50 ...
Fitch downgrades US outlook to negative from stable
Business 2 months ago

Fitch downgrades US outlook to negative from stable

Fitch affirmed the US's AAA rating but said it expected government debt to hit 130 percent of GD...
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