US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes
The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace
2023-10-26 20:48
ECB pauses record streak of rate hikes
LONDON The European Central Bank broke the longest streak of interest rate rises in its 25-year history on
2023-10-26 20:47
ECB breaks record streak of rate hikes as economy weakens
ATHENS The European Central Bank broke the longest streak of interest rate hikes in its 25-year history on
2023-10-26 20:27
Mastercard third-quarter profit rises
(Reuters) -Mastercard on Thursday reported a rise in third-quarter profit, as consumer spent on travel and entertainment. The company reported
2023-10-26 20:21
Europe Inc warns business is tough on home turf
By Silvia Aloisi and Richa Naidu LONDON/PARIS Some of Europe's top companies, including Volkswagen and Unilever warned on
2023-10-26 20:16
CenterPoint Energy raises full-year profit outlook, CEO to retire
CenterPoint Energy Inc on Thursday raised its full-year profit outlook and announced that chief executive officer David Lesar
2023-10-26 19:58
Textron raises profit forecast as private jet demand holds steady
Textron Inc on Thursday raised its full-year adjusted earnings forecast after beating estimates for quarterly profit, betting on
2023-10-26 19:56
Southwest Airlines quarterly profit slides 30% and says growth will slow next year
Southwest Airlines earned $193 million in the third quarter, 30% less than its profit a year ago
2023-10-26 19:51
Ukraine lowers key rate to 16% in sharpest cut of war so far
KYIV Ukraine's central bank lowered its key interest rate to 16% from 20% on Thursday, its the third
2023-10-26 19:48
Turkey central bank hikes rates by 500 pts to 35%
ISTANBUL Turkey's central bank raised its policy rate by 500 basis points to 35% on Thursday, as expected,
2023-10-26 19:29
Harley-Davidson profit slumps on sluggish demand
By Bianca Flowers and Kannaki Deka (Reuters) -Harley-Davidson Inc on Thursday reported a 24% fall in third-quarter profit as customers
2023-10-26 19:26
Royal Caribbean lifts annual profit target again on steady cruise vacation demand
(Reuters) -Royal Caribbean Group lifted its full-year profit forecast for a third time on Thursday, banking on elevated ticket prices
2023-10-26 19:22