Us Labour Department
latest news & developmentsOil rises on poor US jobs data
Oil prices rose on Monday in Asia as prospects for further cuts in United States interest rates seemed more likely after poor US jobs data at the end of last week. The US Labour…
Oil prices drop amid US economic concerns
Oil prices slipped more than a barrel on Monday as traders worried that the flagging United States economy would cause oil demand to soften. Oil’s sharp decline started last…
Recession, credit woes rattle investors
Recession fears following the biggest United States job losses in five years mixed with strains in the credit market on Monday to depress stocks and the dollar and drive…
Oil prices ease further from $100 level
World oil prices eased further from the historic $100-a-barrel level on Monday after weak US employment data fanned worries about recession and demand in the world’s biggest…
Euro soars to another new record
The euro soared to another record high against the sagging dollar on Wednesday, climbing above ,47 for the first time, while the British pound reached ,10. The 13-nation euro hit…