An inflation gauge that is closely tracked by the Fed falls to its lowest level in more than 2 years

A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the United States is steadily cooling from its once-painful highs

2023-07-28 20:57

OPEC has not invited Reuters, Bloomberg to report on weekend policy meets

DUBAI/LONDON OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this

2023-06-01 06:00

American Airlines raises its forecast of second-quarter profit, citing strong revenue, cheaper fuel

American Airlines says it will report a bigger profit than it was previously expecting for the second quarter, which includes the kickoff of the summer travel season

2023-05-31 22:24

Micron says it is committed to China, invests $602 million in plant

By Brenda Goh SHANGHAI (Reuters) -U.S. memory chipmaker Micron said on Friday it was committed to China and would invest

2023-06-16 12:51

Sunak Vows Tax Cuts Ahead After Meeting UK Inflation Pledge

Prime Minister Rishi Sunak said his UK government can begin to cut taxes after hitting a goal to

2023-11-20 20:25

US department stores see higher credit delinquencies amid strained spending

By Katherine Masters and Ananya Mariam Rajesh Major U.S. department stores including Macy's and Nordstrom are flagging delays

2023-08-25 07:17

Louis Dreyfus to build Ohio soy crush plant, add to processing boom

PARIS Louis Dreyfus Company will build a soybean-processing plant in Ohio, the global crop merchant said on Friday,

2023-10-21 01:46

'Soft landing' narrative takes shape in post-pandemic US economy

By Howard Schneider AMELIA ISLAND, Florida The pummeling taken by bank bond portfolios during more than a year

2023-05-18 18:18

Chip maker Intel beats earnings expectations as it pursues rivals

US chip giant Intel on Thursday said it made more money that expected in the recently ended quarter as it continued to invest in...

2023-10-27 06:47

Striking Hollywood writers, studios meet to discuss resuming talks

By Dawn Chmielewski LOS ANGELES (Reuters) -As the Hollywood writers' strike approaches the 100-day mark, Writers Guild of America (WGA)

2023-08-05 07:27

DoorDash sued over accusations of charging iOS users more than Android users

A class-action lawsuit against DoorDash is accusing the food delivery service of charging iPhone users

2023-05-22 16:21

An end in sight? Striking writers and Hollywood studios resume negotiations for a second day

Hollywood studios and striking screenwriters have announced that they were resuming negotiations for the second day in a row

2023-09-22 03:51