Both Japan and the United Kingdom said Thursday their economies likely weakened during the final three months of 2023. Give much of the credit to U.S. households, who have continued to spend at a solid rate despite many challenges. On Thursday, a report showed that fewer U.S. workers filed for unemployment benefits last week.
(Bloomberg) -- Oil rose as risk-on sentiment in broader markets cajoled traders back into crude, overpowering the International Energy Agency’s forecast for slowing demand growth. Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpTrump Eyes NATO Makeover, Hurried Peace in Ukraine If ElectedIsrael Quits Ceasefire Talks Over ‘Delusional’ Hamas DemandsDozens of Banks Rapidly Piled Up C
