The Fed's favorite inflation measure cooled down even further in June
The inflation gauge tracked most closely by the Federal Reserve showed that the pace of price increases slowed last month, according to Commerce Department data released Friday.
2023-07-28 20:56
US annual inflation slows in June, consumer spending solid
WASHINGTON U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest
2023-07-28 20:47
Why is the US dollar losing its shine?
The US dollar's decline has gained speed this month as investors pare back their interest rate expectations.
2023-07-28 19:25
ExxonMobil earnings fell on sinking oil prices
ExxonMobil's profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts.
2023-07-28 18:56
AIB makes a pre-tax profit of €987m
Its UK division, which includes its NI business, had a pre-tax profit of £119m, up £53m since 2022.
2023-07-28 17:55
Big central banks hike again with end of tightening in sight
LONDON Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally
2023-07-28 16:53
Engie Profit Jumps 25% on Energy Prices, Renewable Expansion
French utility Engie SA said first-half earnings jumped 25% on strong prices, growth in renewable energy and greater
2023-07-28 15:58
China Early Economic Data Show Growth Weakening More in July
China’s economic recovery continued to lose momentum in July, high frequency indicators show, with consumers pulling back on
2023-07-28 13:24
The Former Banker Gambling on FanDuel’s American Dream
Peter Jackson bet big when the US overturned a ban on sports gambling. Flutter Entertainment Plc, the company
2023-07-28 12:17
Vale Profit Disappoints as China Slowdown Dampens Sales
Brazilian mining giant Vale SA reported second-quarter earnings that trailed expectations as weaker metal prices and sluggish sales
2023-07-28 07:52
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:21
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:27