Wholesale inflation ticked up last month, exceeding expectations
Wholesale inflation accelerated for the second month in a row, mirroring a similar trend in the Consumer Price Index report, the Bureau of Labor Statistics reported Thursday.
2023-09-14 21:49
Retail sales rise 0.6% in August largely due to a spike in gas prices
Shoppers stepped up their buying modestly as inflation on many items eased, but they still face a host of economic challenges over the next few months
2023-09-14 21:23
Bristol Myers plans to double experimental treatments to expand research pipeline
Bristol Myers Squibb said on Thursday it plans to double the number of treatments it is testing in
2023-09-14 20:58
Delta Air cuts third-quarter profit forecast
Delta Air Lines on Thursday cut current-quarter forecasts for operating margins and profit, owing to increased fuel expenses
2023-09-14 20:49
Lazard's next CEO Peter Orszag plans to double revenue by 2030
By Lananh Nguyen NEW YORK Two weeks before Peter Orszag takes the helm as CEO of Lazard, he
2023-09-14 20:29
Deutsche Bank to hold crypto for institutional clients
By Elizabeth Howcroft LONDON Deutsche Bank has partnered with Swiss crypto firm Taurus to provide custody services for
2023-09-14 20:27
Europe's central bank hikes interest rates again even as threat of recession grows
The European Central Bank has piled on a 10th straight interest rate increase
2023-09-14 20:26
Wall Street's mood is improving — but it's far from upbeat
Wall Street's optimism has edged up in recent weeks after an August slump to levels not seen since the collapse of several regional banks earlier this year.
2023-09-14 20:21
World Bank Turkey head: more to do but economy on right path
The World Bank's Turkey director said on Thursday that the economy was heading in the right direction but
2023-09-14 19:57
China promotes economic ‘integration’ with Taiwan while militarily threatening the island
China is promoting new economic opportunities for Taiwanese people while at the same time ramping up military activity around the island it claims as its own
2023-09-14 19:46
Autoworkers strike deadline nears as negotiators rush to avoid historic walkout
With less than a day to go before labor contracts expire at General Motors, Ford and Stellantis, the only certainty is that all 145,000 United Auto Workers at those companies will not strike on Friday. But there's a good chance at least some of them, at a mix of plants and companies, will walk out.
2023-09-14 19:26
Goa state warns Abbott India on antacid license suspension
By Rishika Sadam HYDERABAD, India India's Goa state has warned the local unit of Abbott Laboratories it plans
2023-09-14 19:21