US Oil Production Nears Record as Texas Shale Output Soars
US crude production reached the second-highest level on record in July as output from Texas’s Permian Basin soared
2023-09-30 02:18
GM, Ford to Be Hit by More UAW Walkouts as Stellantis Spared
The United Auto Workers expanded its strike against General Motors Co. and Ford Motor Co. to more assembly
2023-09-30 02:16
Fed’s New Inflation Outlook Already Seems Outdated, Analysts Say
Federal Reserve officials’ latest inflation projections are already looking too high following the release of new data on
2023-09-30 01:57
Amazon Violated Nationwide Worker Rights’ Settlement, US Labor Board Says
Amazon.com Inc. was accused by US officials of violating the terms of a labor board settlement, teeing up
2023-09-30 01:45
UAW set to expand strike at Ford, GM
The United Auto Workers will walk off the job at an additional plant each at General Motors and
2023-09-30 00:57
Explainer-UAW expands strike against GM, Ford in Week 3, spares Stellantis
The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike, this time targeting a plant
2023-09-30 00:46
Exclusive-Carlyle in exclusive talks for $7 billion-plus Medtronic units deal-sources
By David Carnevali NEW YORK Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire
2023-09-29 23:55
UAW to expand strike at Ford and GM, Fain says
The United Auto Workers union is expanding its strike to additional facilities of automakers Ford and GM, the UAW head said on Friday, adding that additional Stellantis members will not be called to go on strike.
2023-09-29 23:20
Instant view: US core inflation slows in August, consumer spending rises
NEW YORK U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices
2023-09-29 21:21
The Fed's benchmark inflation gauge dipped lower in August
The Federal Reserve's preferred inflation gauge showed price increases cooled considerably last month, according to new Commerce Department data released Friday that also showed a slowdown in consumer spending.
2023-09-29 20:49
French prosecutor probes billionaire Bernard Arnault over dealings with Russian businessman
French billionaire and LVMH owner Bernand Arnault is being investigated over his financial dealings with a Russian businessman, the Paris prosecutor's office told CNN Friday.
2023-09-29 19:53
Thailand to Cut Reliance on Long Bonds in $66 Billion Debt
Thailand will reduce sales of long-tenor debt in favor of shorter notes to soothe investors worried about its
2023-09-29 19:48