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Day: 4 January 2019

Stocks rebound

Markets lifted by US jobs and Fed chair’s comments

stock exchange
Market close – Strong jobs growth figures and Federal Reserve chairman Jerome Powell’s comments that US interest rate rises may be on hold encouraged equity buyers back into the market.Read More

Gap widening, says study

Top bosses earn average worker’s 2019 salary by 1pm today

Money - own pic
Britain’s top chief executives working a 12-hour day need only to work for 29 hours in 2019 to earn the average worker’s annual salary, according to new data. The researchRead More

Volatility across global markets

Trade talks and rate cut rumours add light in market gloom

Traders on Wall St (pic: NYSE)
Traders are factoring in a possible cut in US interest rates as concerns about a recession and a slowdown in China had a bruising impact on Wall Street. The DowRead More

Three institutions face going bust

Universities facing loss of income as immigration rules bite

students
Falling applications are adding to pressures   Universities are coming under increasing cost pressures with three facing possible bankruptcy, according to restructuring advisers Duff & Phelps. Increased competition for students,Read More