What is designed to give insight into the labor market may also guide future interest rates, since the Federal Reserve will be watching — and so will Europe.
Canadian Mark Carney takes over running the Bank of England today. Carney looks good and has star power, but some wonder whether the current adulation will last.
Global markets are down this morning on news that the U.S. Federal Reserve may not continue its bond buying program, known as quantitative easing, in the long-term.
The Obama Administration successfully lobbied the EU to do away with a proposed data privacy measure, according to a report in the Financial Times. The exclusion would make it easier for the U.S. to spy on EU citizens.
Residents of Germany, Austria, the Czech Republic and beyond are still wading through high waters today. Severe flooding has led to the deaths of at least 24 people.
The furor over U.S. Internet surveillance could hit transatlantic trade. A senior European lawmaker says the revelations could potentially derail plans for a U.S.-EU free trade deal.
A day after the EU Trade Commission placed anti-dumping duties on Chinese solar panels, the Chinese government has launched an investigation into doing the same on EU wine exports to China.