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
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:22
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
PacWest Executives Were Trying to Start Over. Then SVB Failed
Even before a series of failures rattled regional banks across the US this year, one knew it needed
2023-05-26 20:19
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
Turkey's bitter election battle nears decision day
Turkey on Friday entered the final stretch of a bitter presidential campaign that has seen Recep Tayyip Erdogan and his secular rival exploit fears...
2023-05-26 20:15
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