News

US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation

(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for further interest-rate reductions after an all-but-certain cut in a little more than two weeks.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi

Guyana Raises Growth Estimates to 43% as Oil Production Surges

(Bloomberg) -- President Irfaan Ali raised estimates for Guyana’s yearly growth to 42.8% from a prior 34.8%, as he projects “ramped up” investments from the public and private sectors.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospitals Shutter Maternity Wards,

Yemen’s Houthi rebels fire 2 missiles at a container ship as an oil tanker burns

Yemen's Houthi rebels fired two missiles targeting a Liberian-flagged container ship in the Gulf of Aden, though the projectiles splashed down nearby without causing any damage, authorities said Saturday. The attack comes after the Houthis repeatedly assaulted and then boarded a Greek-flagged oil tanker in the nearby Red Sea, planting explosives on it they later detonated. In the attack Friday night, two missiles exploded in close proximity to the vessel some 240 kilometers (150 miles) east of Aden, the British military's United Kingdom Maritime Trade Operations center said.