(Reuters) – Walt Disney Co’s ESPN is looking to license its brand to major sports-betting companies for at least $3 billion over several years to take advantage of the booming online betting industry, the Wall Street Journal...
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U.S. income inequality could be pushing interest rates lower, research finds
By Jonnelle Marte (Reuters) – Economists have long attributed the decline in U.S. interest rates primarily to the country’s aging population, with other factors such as slower growth also playing a role. But a steady rise in...
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Oil posts biggest weekly gains in over a year ahead of Hurricane Ida
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 2% on Friday, posting their biggest weekly gains in over a year, as energy firms began shutting U.S. production in the Gulf of Mexico ahead of a major hurricane expected to hit early...
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U.S. labor force participation likely to rebound, but it will take time -research
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve faces a long slog if it hopes for the country’s labor force participation rate to climb back to pre-pandemic levels according to new research identifying a...
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