U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
By Aishwarya Venugopal Weak profit forecasts from department store chain Macy's to discounter Dollar General on Thursday underscored
2023-06-01 23:19
Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave
2023-06-01 22:52
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. Supreme Court gives boost to whistleblowers in drug pricing case
By John Kruzel WASHINGTON The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid
2023-06-01 22:46
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 rules against union in fight over strike that damaged property
By John Kruzel WASHINGTON The U.S. Supreme Court on Thursday dealt another setback to organized labor by making
2023-06-01 22:23
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
Dow set for lower open as Salesforce slide tempers debt deal cheer
By Shreyashi Sanyal and Shristi Achar A The Dow Jones Industrial Average was set to open lower on
2023-06-01 21:25
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
Analysis-US debt-ceiling deal dooms Biden's revolutionary tax plans
By David Lawder WASHINGTON U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay
2023-06-01 18:19
US Senate aims for quick passage of debt ceiling bill to avoid default
By Richard Cowan and David Morgan WASHINGTON The U.S. Senate on Thursday was set to take up a
2023-06-01 18:17