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Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data
Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data
by  AFP

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data. So traders are jockeying for position ahead of the moderately high-risk event."

US Congress approves bill to avert major freight rail strike
US Congress approves bill to avert major freight rail strike
by  AFP

The US Congress passed legislation Thursday to avert a freight rail strike that could have been devastating for the economy, intervening to break an impasse between workers and management as the holiday season approaches. I'm going to continue to fight for paid leave for not only rail workers, but for all American workers," Biden said Thursday. cjc-bys/dw

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