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Bloomberg US employment surged last month with the biggest gain since May 2018, indicating the labour market was on especially solid footing before the spread of the coronavirus intensified. Payrolls rose 273,000 after the prior month was revised up to also reflect a 273,000 gain, according to Labour Department data that beat all forecasts in Bloomberg’s survey calling for 175,000. ...

Bloomberg Sudanese Prime Minister Abdalla Hamdok said he was “in good shape” after a failed assassination attempt his government branded an attack on the revolution that ousted the North African nation’s long-time dictator last year. Hamdok and his entourage were traveling to work in the capital, Khartoum, when they were targeted in a “terrorist bombing and shooting,” Information Minister Faisal ...

Bloomberg Two Republican lawmakers will self-quarantine in their houses after contact at a recent political conference with a person who later tested positive for coronavirus. Senator Ted Cruz will self-quarantine in his Texas home. He said he had a “brief conversation and a handshake” with the unnamed person at the recent CPAC conference in National Harbor, Maryland. “I’m not experiencing ...

Bloomberg Vietnam Premier Nguyen Xuan Phuc suspended the visa waivers for eight European countries amid growing concerns about the novel coronavirus outbreak. The decision to temporarily cancel visa-free travel for citizens of Denmark, Norway, Finland, Sweden, the United Kingdom, Germany, France and Spain followed a recommendation by the national steering committee on coronavirus prevention and control, according to a posting ...

Bloomberg North Korea fired what appeared to be three short-range ballistic missiles off its eastern coast, raising regional security concerns as world leaders battle the spread of the coronavirus. The projectiles were fired in quick succession on Monday from a coastal area near Sondok, flying about 200 kilometers (125 miles) and reaching an altitude of about 50 kilometers before falling ...

Bloomberg It seemed Ukrainian leader Volodymyr Zelenskiy could breathe a sigh of relief as Donald Trump’s impeachment ended with his acquittal by the Senate. A phone call between the two presidents over military aid had handed Zelenskiy a starring role in the saga. But the political novice — until last year his homeland’s most famous TV comic — navigated the ...

“Enlightened statesmen,” wrote James Madison, “will not always be at the helm.” His genius extended to understatement, and until Tuesday it was approaching probable that by midnight of November’s first Tuesday, sensible Americans would be elated and distraught — elated because someone grotesquely unsuited to the presidency would have been denied that office, but distraught because such a person had ...

It was December 2017 and Apple Inc’s recently released iPhone X was delighting a small cohort of owners with its upgraded technology and blazing performance. At the same time, a different cohort of iPhone owners was dismayed by the slowing performance of their older models. The culprit, it turned out, was Apple: It had sent a software update that slowed ...

In ordinary times, February’s US jobs data would have been labeled as nothing short of a blowout. Treasury yields would have climbed, with the expectation that the Federal Reserve would leave interest rates alone and let the labor market run hot, reviving dormant inflation. Needless to say, these are far from normal times. US payrolls surged by 273,000 in February, ...

Since taking over as the euro zone’s main banking supervisor, the European Central Bank (ECB) has spearheaded efforts to reduce the amount of bad loans that had cumulated throughout the great recession and the euro zone sovereign debt crisis. This pile has fallen from 6.8% of total loans at the peak in the December 2015 to 2.9% in September 2019. ...