Category Archives:
US labor costs increase solidly in first quarter
WASHINGTON (Reuters) - U.S. labor costs increased solidly in the first quarter as strong wage gains persisted amid a tight labor market, suggesting inflation could remain elevated for a while. The Emp...
Apr 28, 2023
Instant View: US March PCE price index shows high, but cooling, inflation
NEW YORK (Reuters) - U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, data from the Commerce Department showed Friday, which could see the Federal R...
Apr 28, 2023
U.S. consumer spending flat in March; core inflation still strong
WASHINGTON (Reuters) - U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, which could see the Federal Reserve raising interest rates again next month....
Apr 28, 2023
Traders firm up bets on Fed rate hike in May
(Reuters) - Traders of futures tied to the Federal Reserve's policy rate on Friday firmed up bets the U.S. central bank will raise its benchmark rate a final time in May after the government reported ...
Apr 28, 2023
India March infrastructure output grows 3.6%, a five-month low
NEW DELHI (Reuters) - India's infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part dragged by a contraction in electricity and cement output, government ...
Apr 28, 2023
Intel climbs as Wall St cheers early signs of recovery
(Reuters) - Intel Corp shares rose nearly 6% as the once-dominant chipmaker's quarterly print indicated "baby step progress" in efforts to turn around its business after ceding market share to rivals ...
Apr 28, 2023
Colgate-Palmolive raises annual organic sales forecast on price hikes
(Reuters) - Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company's shares rose ab...
Apr 28, 2023
German inflation eases to lowest level since start of Ukraine war
BERLIN (Reuters) - German consumer prices in April posted their smallest increase since the start of the war in Ukraine, as energy prices eased further. Consumer prices, harmonised to compare with oth...
Apr 28, 2023
Sharpie-maker Newell sees 2023 profit at low end of forecast on higher costs, softer demand
(Reuters) - Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from softer demand for its products and higher costs. Sha...
Apr 28, 2023
Embraer sees positive outlook for Ipanema aircraft after higher Q1 sales
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA said on Friday it has sold 33 Ipanema 203 aircraft in the first quarter of 2023, a 38% increase from the same period of 2021, predicting to end th...
Apr 28, 2023
Peoria, IL, USA
42 °F Partly cloudy
