BLOOMBERG It’s not just Brexit that’s dried up the flow of European Union (EU) workers the UK used to depend on. From Poland to Portugal, EU economies are generating more jobs and better wages than Britain. For the UK, that means that arrivals from the EU of just over 150,000 in 2022 were about half the level seen in 2019, …

BLOOMBERG The European Union (EU) reached a deal with Pfizer Inc and BioNTech SE to scale back purchases of Covid-19 vaccines by about a third after some member states said they were reluctant to pay for new deliveries amid an oversupply of shots after the pandemic started to wane. The amended supply contract takes into account the improved epidemiological situation, …

BLOOMBERG US employers are gradually dialling back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation. Government data are projected to show payrolls in the world’s largest economy increased by less than 200,000 in May, down from average monthly job growth of about 370,000 over the …