Instant view: Stubborn US April PCE inflation revives focus on June Fed hike
NEW YORK U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the
2023-05-26 21:23
After yearslong delay, DEA revokes license of wholesale drug distributor over opioid crisis failures
The U.S. Drug Enforcement Administration has stripped one of the nation’s largest pharmaceutical distributors of its license to sell highly addictive painkillers after determining it failed to flag thousands of suspicious, high-volume orders at the height of the opioid crisis
2023-05-26 21:22
A measure of inflation that is closely tracked by the Federal Reserve increased in April
A key index of U.S. prices ticked higher in April as consumer spending rebounded, a sign that inflationary pressures in the economy remain high
2023-05-26 20:59
An unexpected increase: Fed's favorite inflation measure heated up last month
The Federal Reserve's preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell's warning that reining in price hikes "is likely to be bumpy," but also increasing the odds for further rate hikes.
2023-05-26 20:59
US consumer spending beats expectations in April; inflation picks up
WASHINGTON (Reuters - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second
2023-05-26 20:57
Japan unveils policy blueprint featuring childcare, no mention of funding
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister
2023-05-26 20:54
New DIRECTV STREAM Customers Will Receive Priority Registration For Telly’s 55” Dual-Screen Television at No Cost
LOS ANGELES--(BUSINESS WIRE)--May 26, 2023--
2023-05-26 20:29
Renault CEO says Euro 7 regulation distracting industry from electrification
MILAN Renault's chief executive said on Friday the European Union's proposed Euro 7 emissions rules for vehicles would
2023-05-26 20:20
KB Home Announces the Grand Opening of Its Newest Community in Popular Hollister, California
HOLLISTER, Calif.--(BUSINESS WIRE)--May 26, 2023--
2023-05-26 20:16
Why Wall Street cares more about Nvidia than the debt ceiling
The debt ceiling debate and possibility that the United States could default on its financial obligations have hung over the heads of investors for nearly six months now. But Wall Street appears to be largely shrugging off the ongoing negotiations as noise, opting instead to focus on a better-than-expected first quarter earnings season.
2023-05-26 19:58
Lazard names Orszag as CEO, Jacobs to become executive chairman
By Lananh Nguyen NEW YORK Lazard Ltd said Peter Orszag, a banker and former White House official, will
2023-05-26 19:57
Embraer exec sees no sales hit from Pratt & Whitney engine woes
LISBON The head of Brazilian Embraer's planemaking division dismissed concerns that problems at engine supplier Pratt & Whitney
2023-05-26 19:55