Jobs report January 2026:
Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market. Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday. The total also was an improvement…
U.S. and European interests are ‘intertwined,’ Secretary of State Rubio says
U.S. Secretary of State Marco Rubio speaks during the Munich Security Conference (MSC) in Munich, Germany, on Feb. 14, 2026. Thilo Schmuelgen | Reuters The U.S. has no intention of abandoning its deep alliance with Europe and wants the region to succeed, U.S. Secretary of State Marco Rubio said on Saturday. “We care deeply about…
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ECB makes euro backstop global to bolster currency’s role
The euro steadied near its lowest in a month on Wednesday, nursing steep losses this week as investors counted the cost of the U.S.-EU trade pact. Olena Malik | Moment | Getty Images The European Central Bank unveiled plans on Saturday to widen access to its euro liquidity backstop, making it globally available and permanent…
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AI Financial Services Reckoning: Only Global Powerhouses Will Thrive
Artificial intelligence has triggered a brutal repricing across financial services. In days, the launch of an AI-powered tax tool capable of generating personalised strategies within minutes has wiped billions from listed wealth managers. Investors have moved fast. The assumption is clear: if machines can do the work, fees must fall. Part of that assumption is…
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