Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave
2023-06-01 22:52
U.S. first-quarter productivity revised up; labor costs growth lowered
(Refiles to remove extraneous words in paragraph 7) WASHINGTON U.S. worker productivity slumped in the first quarter, though
2023-06-01 22:25
Pet Retailer Chewy Soars as Recurring-Purchase Program Drives Sales
Chewy Inc. stock surged the most in almost four years after the pet-products retailer beat sales expectations. It
2023-06-01 22:16
Recession ahead? By this metric, one's here now: Earnings fall and Wall Street fears worse to come
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-01 21:55
Stock market today: Wall Street slips in early going; Dollar General sinks
Stocks are slipping in early trading as reports on the U.S. economy painted a mixed outlook and some of Wall Street’s euphoria around artificial intelligence cools
2023-06-01 21:55
Little-Known Lung Infection Grabs Limelight From Covid, RSV
A little-known respiratory virus is grabbing the limelight from Covid-19 and RSV after cases surged earlier this year,
2023-06-01 21:53
Macy’s Falls After Cutting Outlook as Demand Trends Worsen
Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US
2023-06-01 21:29
Credit Suisse has paid back government-backed liquidity- Swiss finance minister
By Noele Illien and Stefania Spezzati ZURICH (Reuters) -Credit Suisse has repaid the liquidity backed by the Swiss government, Finance
2023-06-01 21:17
Court rules Austria can't be held liable for early COVID infection at ski resort
An Austrian federal court says the state can’t be held liable for a COVID-19 infection from an outbreak at an Alpine ski resort as the coronavirus pandemic hit Europe The Supreme Court of Justice on Thursday announced its verdict in a long-running legal battle involving a German resident who traveled to Ischgl in March 2020 and visited several apres-ski venues before returning home six days later
2023-06-01 20:55
Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda
The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday
2023-06-01 20:52
US applications for unemployment benefits tick up slightly as labor market remains healthy
The number of Americans filing for unemployment benefits rose slightly last week but remains at healthy levels that continue to show a strong U.S. labor market
2023-06-01 20:46
US turns up pressure on air bag inflator company that refuses a recall despite deaths, injuries
The U.S. government is stepping up its quest to force ARC Automotive Inc. to recall 67 million potentially dangerous air bag inflators by ordering the company to answer questions under oath
2023-06-01 20:29