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Dollar index sees biggest single-day percentage gain since March 2020

It was still below last week's two-decade peak of 110.79. The index turned positive after the data release

JPMorgan, Bank of America cautious on job cuts as Goldman layoffs loom

That stance compares with plans by Goldman Sachs Group Inc to cut jobs as early as this month after pausing the annual practice for two years during the pandemic

Oil prices tumble 2%, reversing gains after bearish US economic data

U.S. commercial oil stocks were forecast to have risen 800,000 barrels during the same week, analysts forecast in a Reuters poll

Twitter employees concerned China could collect user data: Whistleblower

Peiter 'Mudge' Zatko, a famed hacker who served as Twitter's head of security until his firing last year, made the remark during a Senate hearing on Tuesday

State govts step up relief measures for households battling inflation

Kerala distributed a package of free food items costing about 450 rupees ($5.70) each to over 8 million families during the Onam festival earlier this month.

Putin, Modi to discuss trade, food supplies on Friday in Uzbekistan

The meeting will be held on the sidelines of a summit of the Shanghai Cooperation Organisation, a regional security bloc

JPMorgan and BofA cautious on job cuts as Goldman Sachs' layoffs loom

As the risk of recession looms and the Federal Reserve raises interest rates to curb inflation, deal markets have dried up

Wall Street plunges as inflation data stokes bets of large rate hikes

US consumer prices rise more than expected in August; traders see a small chance of 100 bps rate hike next week

UK unemployment hits lowest since 1974 but jobs boom is fading

However, the fall was not a sign of health in Britain's economy which is at risk of a recession

Boeing deliveries rose in August as it resumed 787 Dreamliner handovers

Boeing deliveries in July had fallen to a five-month low of 26 airplanes, highlighting pressure on global supply chains

What are Putin's options after Russian military setback in Ukraine?

Putin is under pressure from Russian nationalists who want mass mobilisation, harsher tactics

Why are Armenia and Azerbaijan fighting again, and why does it matter?

In a six-week war that year, Azerbaijan won significant territorial gains in and around Nagorno-Karabakh. The fighting was ended by a Russian-brokered ceasefire, but skirmishes have erupted

Google faces $25.4-bn damages claims in UK, Dutch over adtech practices

Google's adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers.

Oil slips after bearish US economic data fuels aggressive rate hike fears

U.S. commercial oil stocks are expected to have fallen for five weeks in a row, dropping by around 200,000 barrels in the week to Sept. 9, a preliminary Reuters poll showed on Monday

Gold drops as higher US inflation bolsters dollar with rate hike looming

Spot gold prices dropped more than 1% after higher-than-expected U.S. inflation data, and were trading 1.6% lower at $1,697.30 per ounce by 9:10 a.m. ET (1310 GMT).

Fed expected to stick to aggressive rate hikes as inflation stays hot

A 75 bps increase at the Fed's Sept. 20-21 meeting would put the policy target in the 3%-to-3.25% range, above the level that most policymakers believe will start biting into economic growth

Global economy may avoid recession as inflation risks ease - JP Morgan

The global economy could avert a recession as data points to a potential soft landing, JP Morgan analysts said, while adding that the Federal Reserve might have "over-reacted" with the 75 basis point

Twitter whistleblower to detail security threats ahead of Musk deal vote

A majority of Twitter shareholders have voted to approve the takeover by Musk, sources told Reuters on Monday. The company will announce the results during a special meeting on Tuesday

London flight, hotel fares surge ahead of Queen's funeral

Average rate for a hotel up to $384 from $244 per night; high-end hotels sold out for Sunday night; average prices for a return flight from US over $950

Lights out early for Eiffel Tower as Paris saves energy amid crisis

Around Europe, countries are looking for ways to cut energy consumption and fill up their gas stores in preparation for a possible total cut-off