Oil climbs over 2% as recession fears begin to fade
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 2% on Monday as U.S. recession…
Month: May 2023
Ryanair close to placing major Boeing order -sources
PARIS (Reuters) - Ryanair is close to signing a major new aircraft order with Boeing, two…
National Retail Federation lowers US consumer good import forecast for…
By Lisa Baertlein LOS ANGELES (Reuters) - Closely watched U.S. retail trade forecasters on…
US households have $500 billion in excess savings, San Francisco Fed…
(Reuters) - U.S. households still have some $500 billion in excess savings compared to…
Toyota suspends sales of Yaris model in Thailand after safety test…
By Chayut Setboonsarng and Daniel Leussink BANGKOK/TOKYO (Reuters) -Japanese carmaker…
US wholesale inventories unchanged for second straight month; sales…
WASHINGTON (Reuters) -U.S. wholesale inventories were unchanged for the second straight…
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) - The dollar remained relatively…
Catalent shares tank on warning of $400 million cut to annual revenue…
(Reuters) -Catalent Inc expects to cut by more than $400 million both its full-year…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) - KKR & Co Inc said on Monday its after-tax…
Marketmind: Debt ceiling countdown
(Reuters) - A look at the day ahead in U.S. and global markets from Amanda Cooper. U.S.…
Euro zone investor morale unexpectedly dips in May
BERLIN (Reuters) - Investor morale in the euro zone took a surprising dip in May, with…
WHO declares end to COVID global health emergency
By Jennifer Rigby and Bhanvi Satija LONDON (Reuters) -The World Health Organization ended…
US FDA approves first RSV vaccine from GSK
(Reuters) -The U.S. Food and Drug Administration has approved GSK Plc's respiratory…
Marketmind: Markets await US banks’ take on credit squeeze
A look at the day ahead in European and global markets from Wayne Cole. It's been a…
Fire burns for third day at Shell Texas chemical plant
By Erwin Seba HOUSTON (Reuters) - A fire burned for a third day on Sunday at Shell…
Buffett’s Berkshire posts $35.5 billion profit, buys back more…
By Jonathan Stempel OMAHA, Nebraska (Reuters) - Warren Buffett's Berkshire Hathaway…
Dow has best day since Jan. 6 after Apple rally, jobs data
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks rallied on Friday, with the Dow…
U.S. regional banks rally, capping whipsaw week
By Manya Saini and Chibuike Oguh (Reuters) - Shares in PacWest Bancorp jumped nearly 82%…
Lyft rattles Wall Street as margins suffer in race with Uber
By Aditya Soni (Reuters) -Lyft Inc shares tumbled about 19% on Friday as the ride-hailing…
Stock Market Update: Investors Moving to Gold
Investors Turn to Gold and Tech Stocks Amid Recession Risks The risk of the US economy…
Dollar dips against euro as jobs gains offset by negative revisions
By Karen Brettell NEW YORK (Reuters) - The dollar gave back earlier gains against the euro…
