Bloomberg The US labour market moderated somewhat in November, a development economists have been preparing for — though maybe not this soon. While job gains of 155,000 missed all forecasts, and the prior month’s reading was revised down, the figures are still consistent with solid economic growth. At the same time, wages which rose less than expected on a monthly ...

Bloomberg Angela Merkel installed an ally at the head of Germany’s governing party, notching a victory at the end of a tumultuous political year and boosting her chances of serving out her fourth and final term. Christian Democratic Union (CDU) delegates chose Annegret Kramp-Karrenbauer, a moderate party insider largely aligned with Merkel’s world view, over BlackRock Inc.’s Friedrich Merz in ...

Bloomberg Indian Prime Minister Narendra Modi’s popularity is in doubt as exit polls for elections that ended Friday in five states showed inconclusive projections before the federal vote next year. Six major exit polls showed Modi’s Bharatiya Janata Party and the opposition Congress party neck-and-neck in the states of Madhya Pradesh and Chhattisgarh. Three polls showed BJP ahead, while the ...