Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
2023-06-09 20:25
The More Inflation the Better: This Little-Discussed Insurance Broker Is Having a Moment
It’s enemy No. 1 inside the halls of the Federal Reserve, dreaded in cash-strapped households across America and
2023-06-09 20:16
France strong-arms big food firms into cutting prices
By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -The biggest food industry companies in France have pledged to cut
2023-06-09 19:59
EV maker Lordstown plans to sue Foxconn over funding dispute
Lordstown Motors said on Friday it plans to take legal action against investor Foxconn to ensure that the
2023-06-09 19:51
US Suspends Food Aid to Ethiopia After Probe Finds It’s Being Diverted or Sold
The United Nations has joined the US in suspending the delivery of aid in Ethiopia, plunging the humanitarian
2023-06-09 19:50
Ukraine Recap: Tanks on the Move, EU Struggles on New Sanctions
Ukraine faced another missile and drone attack on Friday even as Kyiv’s long-awaited ground offensive — one that’s
2023-06-09 19:48
Investors pile into cash, bonds ahead of key rate decisions-BofA
By Samuel Indyk LONDON Investors poured money into cash and bonds in the week to Wednesday, according to
2023-06-09 19:27
Activision intervenes in Microsoft challenge to UK regulator's block
LONDON "Call of Duty" maker Activision Blizzard has been given permission to intervene in Microsoft's legal battle with
2023-06-09 19:24
South African Presidency Maps Out Vision to End Loadshedding
South Africa will focus on fixing its dilapidated coal-fired power plants and the longer-term roll-out of at least
2023-06-09 19:20
Ex-Barclays CEO Jes Staley Set to Appear for Epstein Deposition
Former Barclays Plc Chief Executive Officer Jes Staley has been out of sight for more than a year
2023-06-09 19:20
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June
2023-06-09 18:57
OpenAI CEO encourages South Korea to supply chips in AI boom
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -ChatGPT-maker OpenAI's CEO Sam Altman, who met with South Korean President Yoon
2023-06-09 18:52