US job growth is likely to pick up in March, as war casts a shadow over the labor market

US job growth is likely to pick up in March, as war casts a shadow over the labor market

Written by Lucia Mutikani WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended and temperatures warmed, but downside risks to the labor market continued to mount due to the ongoing war in the Middle East. The expected return to the pace of last year … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

US retail sales strong in February; an increase in the price of petrol will affect spending

Written by Lucia Mutikani WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline prices due to war in the Middle East were expected to dampen spending in coming months. A late report from the Commerce Department on … Read more