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U.S. commercial paper market shrinks in week-Fed

NEW YORK, July 2 (Reuters) - The amount of U.S. commercial paper contracted in the week ended July 1 Federal Reserve data showed on Thursday. U.S. seasonally adjusted commercial paper outstanding fell $35.8 billion to $1.361 trillion in the latest week. Non-seasonally adjusted commercial pape…

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Economy
NEWS reuters

US legal sector jobs continued to climb in June

By Karen SloanThe U.S. legal sector added 5,100 jobs in June, pushing legal employment to an all-time high for the third straight month, according to figures released on Thursday by the U.S. Department of Labor’s Bureau of Labor Statistics.The total number of jobs in the legal sector, including law…

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Economy
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Basis bids steady ahead of holiday weekend

Spot hard red winter wheat basis bids were flat in the U.S. Plains states on Thursday in quiet trade ahead of the long holiday weekend.Basis values are quoted against futures in cts/bu:NOTES:H = March, K = May, N = July, U = SeptemberZ = December; UNQ = Unquoted bids0 = Spot Option price; NC = No c…

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Futures

Pick n Pay launches AI grocery shopping assistant in South Africa

By Nqobile DludlaSouth African retailer Pick n Pay JSE:PIK on Thursday launched an artificial intelligence-powered shopping assistant that helps customers build grocery orders using voice, text or photos instead of searching for products manually.The move is part of a drive by South Africa's second…

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ETFsStocksZA
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Europe targets shadow fleet tankers falsely using Cameroon flag, sources say

By John Irish and Jonathan SaulEurope is taking tougher action against tankers falsely using Cameroon's flag registry to transport Russian oil, including boarding vessels at sea, prompting Cameroon to dump 39 such vessels from its ship registry, according to officials and documents.On June 8 the EU…

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Economy