Recent Posts

US border chief quits amid tension over migrant crossings

  Bloomberg The commissioner of Customs Border Protection resigned after saying he had been pressured to step down by Homeland Security Secretary Alejandro Mayorkas amid a record number of migrant crossings at the US-Mexico border. “The President has accepted the resignation of Christopher Magnus, the Commissioner of U.S. Customs and Border Protection,” White House spokeswoman Karine Jean-Pierre said in a ...

Read More »

Germany’s annual borrowing set to hit $45 billion next year

Bloomberg Germany’s ruling coalition is planning to more than double net federal borrowing next year to help ease the impact of the energy crisis and steer Europe’s largest economy through an expected recession. The government is targeting net borrowing of €45 billion ($45 billion) in 2023, according to people familiar with the plan, who asked not to be identified discussing ...

Read More »

US firms add 239,000 jobs, boosted by leisure hospitality sectors

  Bloomberg Hiring at US companies rose in October by more than forecast, mainly reflecting a surge in leisure and hospitality and underscoring resilient labor demand despite the Federal Reserve’s efforts to cool the economy. Private payrolls rise 239,000 last month after a revised 192,000 gain in September, according to data from ADP Research Institute in collaboration with Stanford Digital ...

Read More »
Send this to a friend