Bloomberg The war in Ukraine is starting to change the tone of negotiations to redesign Europe’s fiscal rules, injecting new impetus into calls for more flexibility on borrowing and budgets as the continent’s economy braces for the consequences of Russia’s invasion. Concerns that the fighting will hinder the pandemic recovery have made it more likely the European Union will agree ...

  Bloomberg US hiring boomed in February while wage growth slowed, showing a strong labor market that likely keeps the Federal Reserve on track to raise interest rates this month while offering some respite from strong inflationary pressures. Nonfarm payrolls increased 678,000 last month— the most since July — after upward revisions in the prior two months, a Labor Department ...

  Bloomberg The European Union’s eastern nations are stepping up market interventions to protect their currencies from a selloff triggered by Russia’s invasion of Ukraine. The Czech central bank sold foreign currency on the market on Friday, joining the monetary authority in Poland, which intervened for the third time this week, according to people familiar with the transactions. Meanwhile, Hungary’s ...