US construction spending surges in April
WASHINGTON U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued
2023-06-01 22:50
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
US Supreme Court throws out ruling against Slack over direct listing
By Andrew Chung The U.S. Supreme Court on Thursday gave Salesforce Inc's Slack Technologies another chance to avoid
2023-06-01 22:21
U.S. manufacturing slumps further in May; employment picks up -ISM
WASHINGTON U.S. manufacturing contracted for a seventh straight month in May as new orders continued to plummet amid
2023-06-01 22:21
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
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
KKR India moves Kumar to Singapore to lead Southeast Asia PE -sources
By M. Sriram and Yantoultra Ngui MUMBAI/SINGAPORE KKR & Co is moving a managing director from India to
2023-06-01 21:26
Reuters Poll- Russia to hold rates next week, 2023 GDP growth seen improving
By Alexander Marrow and Elena Fabrichnaya Russia will hold its key lending rate at 7.5% next week, a
2023-06-01 21:21
U.S. weekly jobless claims rise modestly; layoffs increase in May
WASHINGTON The number of Americans filing new claims for unemployment benefits increased modestly last week, suggesting the labor
2023-06-01 20:52
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:26
What to expect from Friday's jobs report
Areas of the US economy have started to crack under the weight of persistently high inflation and a string of 10 consecutive rate hikes from the Federal Reserve.
2023-06-01 20:24